New deadline: The Louisiana Department of Revenue has announced a one-month filing extension for taxpayers affected by recent flooding and severe storms. The deadline to file the Louisiana tax returns and payments was today, but taxpayers now have until Sept. 15 to file. The Department of Revenue says it will waive any late filing and payment penalties and interest for all returns and payments submitted by the extended deadline.
Be careful: The Better Business Bureau of South Central Louisiana is warning flood victims to beware of “storm chasers” and out-of-towners seeking to target the state for scams. Flood victims are advised to research home contractors, get at least three quotes in writing and a written contract, to resist high-pressure sales and not to pay for jobs in advance. “Storm chasers,” the bureau says, may lack the proper licensing for Louisiana businesses, make outlandish promises they can’t keep and offer quick fixes. The “storm chasers” also may masquerade as local businesses, collect the insurance money, and leave real businesses to deal with customers upset with back workmanship, unfulfilled warranties and unfinished work.
Adding on: Houston-based KBR has acquired Honeywell Technology Solutions Inc. for $266 million in a move that allows the company to continue expanding its government contracting business, FuelFix.com reports. KBR’s purchase of Maryland-based HTSI comes shortly after KBR bought another government contractor, Virginia-based Wyle, for $570 million in May. KBR says HTSI will join its new KBRwyle subsidiary. KBR, which was spun off from Halliburton, is an engineering and construction giant focused on serving the energy and governmental sectors. The Honeywell business has about 3,550 employees operating primarily in the U.S., Middle East and Asia. Read the full story.