News+Alerts

LDR Sales Tax Filing Relief, Ida Updates, e-File Yr-End Shutdown Reminder

September 17, 2021

The latest on Hurricane Ida tax relief and assistance, PLUS annual e-File shutdown approaches

  • advocacy
  • tax
  • ldr
  • irs
  • hurricane
  • disaster

DOL to Conduct Audit Quality Assessment of 2020 Plan Year Filings of Form 5500

September 16, 2021

The U. S. Department of Labor (DOL). The DOL has said it will start contacting plan sponsors and firms in November regarding the paperwork and documentation for submission if one of their employee benefit plan (EBP) audits is selected for the audit quality assessment study.

  • advocacy

LDR Grants Extensions for Eligible Taxpayers Hurricane Ida

September 07, 2021

Due to the devastation caused by Hurricane Ida and the ongoing state of emergency, the Louisiana Department of Revenue (“LDR”) is granting automatic extensions to certain taxpayers in impacted areas. This bulletin explains which taxpayers are eligible for automatic extensions, by tax type, based on upcoming deadlines.

  • advocacy
  • tax
  • ldr
  • filing deadlines
  • disaster

LDR Severance/Excise Relief; Non-Resident Emergency Services Written Requests Hurricane Ida

September 01, 2021

LDR Tax Return Filing and Tax Payment Deadlines Extended for Certain Tax Returns and Payments Due During Hurricane Ida

  • advocacy
  • tax
  • ldr
  • filing deadlines
  • disaster

IRS: Tax relief now available to victims of Hurricane Ida; Oct. 15 deadline, other dates extended to Jan. 3

August 31, 2021

Victims of Hurricane Ida that began on August 26 now have until January 3, 2022, to file various individual and business tax returns and make tax payments, the Internal Revenue Service announced today.

  • advocacy
  • tax
  • irs
  • disaster

SBA Stands Ready to Assist Louisiana Businesses and Residents Affected by Hurricane Ida

August 31, 2021

Low-interest federal disaster loans are now available to Louisiana businesses and residents as a result of President Biden’s major disaster declaration.

  • tax
  • irs
  • hurricane
  • disaster

Response Ready: A Message from Our CEO regarding Ida

August 30, 2021

We, like all Louisiana residents, are aware of the devastating impacts of Hurricane Ida and know too well that we have a long road to recovery ahead. While the safety of your family and staff is paramount, we also understand the potential impact on the filing deadlines. Our Advocacy Team is already hard at work on emergency declaration filing issues and will keep you updated if guidance is issued.

  • advocacy
  • filing deadlines
  • disaster

Grants available for charities, faith groups, and small businesses providing COVID relief

August 13, 2021

Starting Monday, Aug. 16, 2021, charities, faith-based organizations and small businesses can apply for grants to support COVID-19 response and relief efforts in Louisiana through the Louisiana Nonprofit and Small Business Assistance Program.

  • general
  • ldr
  • covid-19
  • small business assistance

LCPA Annual Awards Honor Outstanding Service

August 03, 2021

We recently honored 11 CPAs for their remarkable contributions to the CPA profession and the community. The awards were announced at the non-profit professional association’s Annual Meeting, July 18. Read more about our distinguished award recipients.

  • award

Act 54 COVID-19 Relief Benefits; Act 296 2020 Hurricanes

July 27, 2021

The most recent RIB from LDR on the taxability of benefits received from the LA Main Street Recovery Fund and the Frontline Workers COVID-19 Hazard Pay Rebate Program; plus update on Act 296 regarding hurricanes Laura, Delta, and Zeta tax relief

  • tax
  • covid-19
  • hurricane
  • disaster
  • tax credit

LCPA is Proud to Announce the 2021-22 Board of Directors

July 21, 2021

The Annual Meeting in Gulf Shores, Alabama, was the perfect backdrop for our Election of Officers on Sunday, July 18. Learn more about our board members.

LED Legislative and Initiatives Updates

July 02, 2021

The latest on LED bills enacted and resolutions sent to the Secretary of State that impact LED incentives and propose new economic development incentives and programs.

  • general
  • legislation
  • tax
  • small business assistance
  • tax credit

New July 1, 2021 Sunset Date Alternative Fuel Vehicle Tax Credit

June 28, 2021

Act 385 of the 2021 Regular Session accelerates the sunset date for the income tax credit for conversion of vehicles to alternative fuel usage vehicles from January 1, 2022, to July 1, 2021.

  • advocacy
  • legislation
  • tax
  • ldr
  • tax credit

Returning To The Office: An Actionable Guide For Accountants

June 17, 2021

Explore the three key areas CPA firms need to "account" for as they consider re-opening and a return to business as usual. Download your complimentary copy of this insightful white paper now!

  • general

LCPA Announces 2021-22 Slate of Officers

June 14, 2021

Join us at The Lodge at Gulf State Park in Gulf Shores as we elect our new group of leaders who together will take on challenges, identify growth opportunities, and prepare our association for the future.

  • general

LDR May 17 Storms Filing Relief

June 11, 2021

LDR announces tax return filing and tax payment deadlines extended for individuals and businesses impacted by severe storms and flooding

  • advocacy
  • legislation
  • tax
  • ldr
  • disaster

IRS May 17 Storms Filing Relief and SB239 2020 Hurricanes

June 10, 2021

IRS announced victims of severe storms and flooding that began May 17, 2021, now have until August 16, 2021, to file various individual and business tax returns and make tax payments.

  • legislation
  • tax

LA Exemption for Certain COVID-19 Benefits Enacted

June 09, 2021

Louisiana Senate Bill 11 that provides an individual and corporate income tax exemption for certain state and federal COVID-19 relief benefits has been signed by the Governor and enacted effective 6/4/2021. The exemption applies both retroactively and prospectively.

  • legislation
  • tax
  • covid-19

Congrats to Our 2021 Scholarship Recipients

May 27, 2021

Each year the Louisiana CPA Education Foundation awards scholarships to qualifying accounting majors. See the students who were among the 2021 recipients of scholarships funded by members' generous contributions.

  • scholarship
  • award
  • university

LDR Due Date Transferability of Credits and PTE Elections

May 13, 2021

The purpose of this bulletin is to clarify that any filing extension granted by the LDR shall not serve as an extension for time to acquire a tax credit or execute a binding agreement to transfer a tax credit

  • tax
  • ldr
  • filing deadlines