1-800Accountant, America’s leading virtual accounting firm for small businesses, ensures all your meticulous bookkeeping and accounting duties are handled with seamless, end-to-end services designed to help your small business thrive and expand.
Business Tax Preparation: Have your taxes prepared and filed by a CPA with expertise in your sector so you can always be confident in your business tax situation. Our CPAs, with more than 17 years of experience on average, can save your business thousands annually when you delegate the complexities of Louisiana tax preparation to them.
Bookkeeping: Solidify your financial base and manage cash flow with precise, error-free bookkeeping done for you that saves time and provides crucial data-backed business insights. This meticulous process delivers tools for interpreting data with easy-to-understand reporting, enabling your accountant to develop vital financial modeling.
Tax Advisory: Business tax considerations don't end in April. Through our affordable tax advisory service, you can receive the guidance you need when you need it year-round from a dedicated small business CPA. Strategic planning helps minimize your business tax liability in Louisiana throughout the year while ensuring compliance.
Payroll: Save numerous hours each pay period with our comprehensive payroll service handled for you, with regular tax submissions to the state of Louisiana, ensuring accuracy and freeing you to focus on other vital aspects of your business.
Business Formation: Benefit from the advantages of officially establishing your business in Louisiana with our complimentary incorporation service. Simply cover Louisiana state fees, and we will manage the rest. This puts you on a path to hire employees, create a business bank account, and benefit from an optimized business tax structure and maximum tax savings.
Louisiana Corporate Tax Rates and Brackets
Corporate Tax Rate | Corporate Tax Bracket |
---|---|
3.50% | $0 |
5.50% | $50,000 |
7.50% | $150,000 |
When Do You Have to File Business Tax Returns in Louisiana?
Partnerships Due Date - Annual Returns | C-Corp Tax Due Date - Annual Returns | S-Corp Tax Due Date - Annual Returns |
---|---|---|
April 15 | April 15, or same as federal return | March 15, or same as federal return |
LLC Renewal Dates and Fees in Louisiana
How Often Do You Have to Renew Your LLC? | LLC Formation Filing Fee | LLC Yearly/Biennial Filing Fee |
---|---|---|
Annually | $100 | $30 |
Single Filers - Louisiana Tax Rates and Brackets
Single Filer Rates | Single Filer Brackets |
---|---|
1.85% | $0 |
3.50% | $12,500 |
4.25% | $50,000 |
Single Filers - Louisiana Exemptions and Deductions
Standard Deduction (Single) | Personal Exemption (Single) |
---|---|
n.a. | $4,500 |
Married Filing Jointly - Louisiana Tax Rates and Brackets
Married Filing Jointly Rates | Married Filing Jointly Brackets |
---|---|
1.85% | $0 |
3.50% | $25,000 |
4.25% | $100,000 |
Married Filing Jointly - Louisiana Exemptions and Deductions
Standard Deduction (Couple) | Personal Exemption (Couple) |
---|---|
n.a. | $9,000 |
When choosing an accountant or bookkeeper in Louisiana, business owners should consider these specific factors:
Certifications and State Compliance: Ensure the accountant or bookkeeper possesses relevant certifications, such as a Certified Public Accountant (CPA) designation. They should also have in-depth knowledge of Louisiana's specific tax laws and compliance requirements.
Experience and Specialization: Seek professionals with experience in your specific industry. Specialized expertise is vital for managing industry-specific financial matters and strategic planning.
Understanding of Local Economic Conditions: Choose a professional who understands Louisiana's local economic environment, including prominent industries like energy, petrochemicals, seafood, and tourism. This local insight can influence financial decision-making and tax planning.
Knowledge of State Tax Incentives: Louisiana provides numerous tax incentives for businesses, such as credits for job creation, research and development, and film production. An experienced accountant or bookkeeper can help you navigate these incentives and maximize your benefits.
*Based on a $12.2k average 2022 tax refund per client, which is 4x the cost of a full-service package. Source: first-party data.
*Includes average business tax preparation, form completion and submission, record keeping, and other misc admin time. Source.
*Historical first-party data.