Posted by Staff Writer on 7/12/2020 to
Federal and State Taxes
IncSmart Louisiana (Small Business and Startups) - Tax breaks for Louisiana. As Louisiana lawmakers worry about the huge loss of tax revenue, they hare hoping the breaks to small business will spur more companies to stay open and hire. With the new closures of business taking effect, this will help the ones struggling the most. The more business that close, the more tax revenue disappears.
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The Louisiana tax breaks include tax credits, exemptions and incentive programs. The special session in Baton Rouge was to help with the Wuhan Virus epidemic on local business. But with the recovery bill on tax breaks, comes a loss of income from the Treasury. The Governor is worried about the state budget. The loss of tax collections will take over 5 years to recover.
By IncSmart Staff
Starting a Business in Louisiana - Louisiana Corporation - Louisiana LLC
For 10 years, IncSmart.biz Business Services has helped companies and people from all over the world form Louisiana Corporations and Louisiana Limited Liability Companies. When you call, email, instant message or live chat with our office, expect personal attention. We are very excited about helping you form your new company. Each state is so different when it comes to filing documents, you will know right away you are in the right place.
How to form Louisiana LLC - Link
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