
2022
Louisiana Tax Commission Sets Dates for 2023 Rules and Regulations Sessions

For anyone interested in Louisiana property tax issues, the Louisiana Tax Commission has given notice of the dates for its annual Rules and Regulations hearings. Any interested party can submit a proposal to amend the current regulations to the Commission during this process. The Commission accepts written proposals that are presented in an open Commission…
John Fletcher Addresses Graduates at Delta State’s 95th Commencement Ceremony

I was honored as the President of the Delta State University Alumni Association to address the new graduates at Delta State’s 95th Commencement Ceremony last Friday. Pictured with me are DSU President William LaForge and the keynote speaker, alumnus Walt Bettinger II, CEO of The Charles Schwab Corporation. Not pictured but also on stage…
Mississippi Enacts Pass-Through Entity Income Tax Election/ SALT Cap Workaround

Mississippi recently passed a SALT cap workaround in the form of a flow-through entity election. Consistent with the roughly 26 other states having adopted similar schemes, the Mississippi bill presents several grey areas and questions that will need to be addressed through Department of Revenue guidance or possible technical corrections.
H.B. 1691, signed into…
SAVE THE DATE for Jones Walker’s 14th Annual State and Local Tax Seminar

WHEN: TUESDAY, SEPTEMBER 20, 2022
WHERE: HILTON AMERICAS-HOUSTON
Please Save the Date for Jones Walker’s 14th Annual State & Local Tax Seminar! We will be back for our live, in-person program in Houston!
Be sure to check back for upcoming program details! This program is intended for industry tax professionals and will be recommended for
…
Jay Adams’ Team Fleur De Que Again Named Top Fundraising Team at Annual Hogs for the Cause BBQ Competition

Team Fleur De Que was once again named the Top Fundraising Team at the Annual Hogs for the Cause barbecue festival and competition. Jones Walker SALT Team leader, Jay Adams, has been a proud member of Team Fleur De Que for several years and helps his team raise money to contribute to the needs…
Louisiana Tax Commission Issues Statewide Advisory Regarding Severe Weather Event on March 22
As we have written before, any property owner whose property has been damaged or rendered non-operational as a result of an emergency declared by the governor can seek a reduction in the value of their affected property even though January 1st has passed. See La. R. S. 47:1978.1. On March 23, 2022, Louisiana…
Happy Mardi Gras!

We are thankful we are able to enjoy the sights, sounds, and most importantly the King Cakes! Our SALT Team celebrated with king cakes from around New Orleans, and even a homemade cake from our own John Fletcher. We would like to send special thanks to La Boulangerie, Nolita Bakery, Randazzo’s Camellia City Bakery, Beth…
Louisiana Department of Revenue Updates Partnership Reporting Requirements
In the 2021 Louisiana Regular Legislative Session, the Louisiana Legislature enacted Act 287 making wholesale changes to the Louisiana income tax reporting and audit regime for partners and partnerships. Effective June 2021, the Act’s updated reporting obligations were made applicable to 2021 returns filed in 2022, prompting a need for guidance with respect to how…
Cracking the Crypto Code: New Reporting Obligations (Current Developments in the World of Blockchain and Cryptocurrency)

As the usage of Bitcoin, Ether, and other cryptocurrencies proliferates throughout the US economy, it may seem inevitable that a comprehensive regulatory regime will sprout up around these novel assets. Thus far, the regulation has been piecemeal, primarily limited to pronouncements from the Internal Revenue Service (IRS), the Securities and Exchange Commission, and the Office…
