Tax & Accounting Blog

Louisiana Legislature Reinstates Suspended Sales Tax Exemptions

Louisiana Legislature Reinstates Suspended Sales Tax Exemptions

Earlier this year, the Louisiana State Legislature held an extraordinary session to address their state’s looming budget shortfall. To produce badly needed revenue, the state suspended its complicated array of sales tax exclusions and exemptions, temporarily replacing them with a much shorter list of products and services not subject to tax. However, Gov. John … Read More

The South (Carolina) is Rising

The South (Carolina) is Rising

After decades of debate, beginning January 1st, 2017, several North Carolinians will become residents of South Carolina overnight as legislators have come to an agreement to redefine the border between the neighboring states. 16 homes in South Carolina and 3 others in North Carolina will be impacted immediately, effectively changing property tax rates and necessitating new drivers licenses for those … Read More