Archive for March, 2010

Filing extensions must be requested before filing deadline

Individuals requesting filing extensions for state income tax returns due on May 17, 2010, must submit their requests on or before the due date.  Individual taxpayers can request filing extensions through Louisiana File Online at fileonline.revenue.louisiana.gov.

Corporations requesting filing extensions for Corporation Income and Franchise tax returns due on April 15, 2010, must submit their requests on or before the due date.

Bulk filing extensions are available and can be submitted electronically.  Tax preparers using the bulk electronic filing extension option must have an Electronic Filing Identification Number (EFIN) or a current Louisiana Revenue Account Number registered with the Louisiana Department of Revenue.

Copies of federal filing extensions filed with the IRS are also acceptable if filed by the due date of the return.  Mail copies to:

    Return Extension

    Louisiana Department of Revenue

    P.O. Box 751

    Baton Rouge, LA 70821

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Fax supporting documents for individual returns filed electronically

CORRECTION (Corrected Fax Number)

The Louisiana Department of Revenue (LDR) reminds taxpayers and tax preparers that they can fax to LDR supporting documents for Louisiana Individual Income Tax Returns filed electronically.

The fax number for supporting documents is 225-219-6221 225-231-6221.

LDR recommends that tax preparers transmit information for one taxpayer per fax transmission. Attempting to send information for more than one taxpayer per transmission delays processing and increases the likelihood of errors.

When faxing supporting documents, place the Social Security Number and tax year on each page of the materials.

More information is available on the LDR website.

In addition, LDR encourages the use of Louisiana File Online, the fast, easy-to-use, free tax filing application.  With Louisiana File Online, you can instantly and securely upload scanned copies of your supporting documents.

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IRS offices in Baton Rouge, New Orleans open on Saturday, March 27

The Baton Rouge and New Orleans offices of the Internal Revenue Service (IRS) are open on Saturday, March 27, to assist taxpayers who have questions in advance of the April 15 federal filing deadline.

According to the IRS, this customer service initiative “will give struggling taxpayers more opportunity to work directly with IRS employees to resolve issues they may be facing for the first time this year.”

During the expanded Saturday hours, taxpayers will be able to address economic hardship issues, make payment arrangements or get help claiming any of the special tax breaks in last year’s American Recovery and Reinvestment Act, including the:

  • Homebuyer tax credit
  • American Opportunity Credit
  • Making Work Pay credit
  • Expanded Earned Income Tax Credit

The Baton Rouge office of the IRS is located at:

    2600 Citiplace Centre
    Baton Rouge, LA 70808

The New Orleans IRS office is at:

    1553 Poyrdras Street, Suite 270
    New Orleans, LA 70112

For more information, contact the New Orleans IRS Media Relations Office at 1-800-829-1040

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LDR announces website, toll-free number to answer “Where’s my refund?”

BATON ROUGE – Taxpayers wanting information on the status of their state income tax refund can find it online or by calling a toll-free number the Louisiana Department of Revenue (LDR) announced Tuesday.

LDR’s “Where’s My Refund?” website is available at www.revenue.louisiana.gov/refund.  Taxpayers can also call 1-888-829-3071. 

Taxpayers who file their returns electronically with Louisiana File Online (www.fileonline.revenue.louisiana.gov) can expect their refunds within 14 days of filing.  Taxpayers who file paper returns can expect to wait 6-8 weeks.

 

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‘Louisiana tax refunds timely while delays plague other states’

While some cash-strapped states are delaying their residents’ income tax refunds, Louisiana taxpayers are receiving their refunds back at a faster pace than ever.

This report from the New Orleans Times-Picayune explains that Louisiana File Online, LDR’s electronic tax filing application, gets much of the credit.

National media coverage in the past week has reported that some states are delaying tax refund checks to cope with cash-flow problems caused by the recession and declining government revenue. But Louisiana isn’t one of them. “We are not withholding or delaying refunds,” said Byron Henderson, spokesman for the Louisiana Department of Revenue. In fact, the state’s refunds are moving faster than ever, thanks in part to increased use of electronic filing of tax returns. As of Friday, the state had issued 847,739 state tax refunds to individuals and joint filers totaling $426.4 million. That’s $503 per refund on average. About 85 percent of those refunds were for people who filed electronically. For those who file directly using the department’s Louisiana File Online system, the average wait for a refund is nine days. Paper filers will wait an average of six to eight weeks. The volume for electronic filers so far this tax season is as much as 30 percent ahead of last year, Henderson said. The department is expected to process about 2 million tax returns this year. Television and newspaper reports this week have identified Alabama, Hawaii, Idaho, Kansas, New York and North Carolina as states holding back or considering a delay for refunds. Louisiana state tax returns are due by May 15.

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Parish E-File collects $1 billion in sales taxes electronically for state and local governments

BATON ROUGE – Parish E-File.com, the Louisiana Department of Revenue’s online sales tax collection service, has collected more than $1 billion in state and local sales and use taxes, the agency reported Wednesday.  Parish E-File.com (www.parishe-file.com) is a free web application that allows businesses to file sales and use tax returns and remit taxes entirely online. 

“Making the sales and use tax process more business-friendly was the main reason for our investment in developing Parish E-File,” said Secretary of Revenue Cynthia Bridges.  “The ability to file returns and remit taxes through this secure, easy to use online portal saves time and money for business owners.”

Parish E-File.com is especially useful for businesses that operate in multiple locations throughout the state.  Instead of filing monthly paper returns in every parish where they do business, they can handle the entire sales tax process with the click of a mouse.

“It has made paperwork a lot easier,” said Steve Lambousy, Chief Financial Officer of Shop Rite, Inc., which operates 39 stores in 15 parishes.  “We pay hundreds of thousands of dollars a month in sales taxes, and Parish E-File reduces errors and makes it easier to track payments.  It’s nice not having to file paper returns in local jurisdictions around the state anymore.”

Since its launch in August, 2008, through February, 2010, Parish E-File.com collected $1,067,268,979 for the State of Louisiana and for local taxing authorities throughout the state.  The state received nearly $240 million of the total, with nearly $830 million remitted to parish and local governments.

Parish E-File.com is a collaborative effort of the Louisiana Department of Revenue and its community partners, including:

  • Louisiana Municipal Association
  • Police Jury Association of Louisiana
  • Louisiana School Boards Association
  • Society of Louisiana Certified Public Accountants
  • Louisiana Association of Tax Administrators
  • Louisiana Retailers Association
  • Louisiana Association of Business and Industry

Act 73 of the 2003 Regular Session of the Louisiana Legislature enabled the creation of a uniform electronic local return and remittance system for sales and use taxes.

 

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