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Corporation, LLC, and Pass-Through Tax Frequently Asked Questions
WebStep 2: Determine your Louisiana business’s employment taxes. If your Louisiana business employs workers, you may have employment tax obligations. Those types of Louisiana … WebAn S Corp (as opposed to a C corporation or LLC) is a tax status rather than a type of business. You have to form an LLC before you can elect to be taxed as an S Corp. Here are a few things to consider if you’re deciding whether to elect S Corp status or simply form an LLC and pay taxes as a sole proprietorship. chick fil a monterey
The L3C: A Low-Profit LLC Can Potentially Bridge The Gap for …
WebJun 14, 2024 · Louisiana enacts online sales tax. Gail Cole Jun 14, 2024. Update 12.21.2024: Louisiana initially planned to enforce economic nexus starting January 1, 2024. However, the Louisiana Department of Revenue now says it will enforce economic nexus at "a date to be determined in 2024." Update 7.19.2024: The U.S. Supreme Court has ruled in … WebJan 1, 2024 · Tax Administration. Protest Time Period Changes For notices of tax due and refund denials issued on or after July 1, 2024, the time to file a protest increased from 45 to 60 days.This 60-day protest period applies to tangible personal property tax bills. These changes do not apply to protests of real property tax assessments. WebJun 8, 2024 · In Louisiana, an LLC must pay state sales tax of 4.5%. It may also have to pay other fees, such as motor fuel or school readiness taxes. These fees can vary depending … chick fil a monroe michigan