Banking & Finance

Tax-cut triggers leading to revenue losses spur state lawmakers to act  

A set of new automatic tax cuts that Louisiana lawmakers said would occur only...

Bernhard Capital-backed company completes acquisition of BHI Power Delivery

United Utility Services, founded in 2018 by Bernhard Capital Partners, completed its acquisition of BHI Power Delivery, the company announced Monday. 

Bank of St. Francisville buys land on Jefferson for future branch

The Bank of St. Francisville has purchased land for a new branch on Jefferson Highway, according to documents with the East Baton Rouge Parish Clerk of Court’s office.

‘LaPolitics’: 30 bills already filed for upcoming session  

With the special session out of the way, we can fully turn our attention to the upcoming regular session that convenes on April 10.

City-parish to change the way it files annual financial reports

The 2023 National Defense Authorization Act is going to change the way state and local governments like East Baton Rouge Parish publish their annual financial reports.

Legislature will consider removing inventory tax credit 

The Louisiana Legislature will be asked to do away with a long controversial business tax break and remove the tax burden of some of the state’s highest-earning companies this coming session. 
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Find out if your partnership is exempt from having to file a state return

The Louisiana Department of Revenue has issued a bulletin detailing the types of business...

COVID-related unemployment fraud may total $191B

The U.S. government may have misspent roughly $191 billion in pandemic unemployment benefits, a...

Oil companies slow down on transitioning to renewable energy sources

Oil companies are slowing down their planned transitions toward renewable energy sources as they...

EBR wants to give break to businesses with delinquent taxes

East Baton Rouge Parish business owners who are late paying sales or license taxes will likely pay a bit less in interest starting this year.