Eight percent on the excess over $200,000įor periods beginning on or after Janucorporations will pay tax on net income computed at the following rates:.Four percent on the first $25,000 of net income.The Internal Revenue Service must submit a copy of the ruling to the Departmentįor periods beginning prior to Janucorporations will pay tax on net income computed at the following rates: Corporations that obtain a ruling of exemption from Fairs, Festivals, and Other Special EventsĪll corporations and entities taxed as corporations for federal income tax purposesĭeriving income from Louisiana sources, whether or not they have any net income,.Online applications to register a business.

Submit state and local sales and use tax returns and remittances from one centralized site If you have any questions, contact your BKD advisor.Access your account online. In addition, the extension doesn’t apply to audits performed under OMB Circular A-133. The audit still must be completed within nine months of year-end. The extension only applies to submission of the form, not the completion of the audit. Submissions of single audits performed under OMB Circular A-133 must continue to follow the deadlines prescribed in OMB Circular A-133. The audit itself must be completed and reports issued within the timeframe specified in the Uniform Guidance. The Office of Management and Budget (OMB) has determined that any Uniform Guidance single audit submissions due prior to July 31, 2016, will now be due to the FAC on July 31, 2016. This extension only applies to the actual submission to the FAC.

Auditees whose audits were performed under the Uniform Guidance are unable to submit the Form SF-SAC and their reporting package to the FAC at this time. Below is the full announcement from the FAC website: The Federal Audit Clearinghouse (FAC) anticipates collection of data for single audits performed under Uniform Guidance to begin in late Spring 2016 (after a new Form SF-SAC is issued). The form is expected to be available by the end of June 2016.

The Federal Audit Clearinghouse (FAC) has announced an extension for the Form SF-SAC (Data Collection Form or form) filed under the Uniform Guidance for audit periods beginning after December 26, 2014.

Federal 2016 extension form