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2016 BDO STATE AND LOCAL MARCH TAX ALERT 1www.BDO.comSUBJECTLOUISIANA ADOPTS RELATED PARTY EXPENSE HARDBACK, A GRADUATED CORPORATION INCOME TAX RATE, AN ADDITIONAL LIMIT ON VOLS, AND IMPOSES THE FRANCHISE
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Report your state and local taxes separately in the designated sections of the form.
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BDO state and local refers to the tax reporting requirements imposed by individual states and local jurisdictions.
Anyone who earns income within a state or local jurisdiction may be required to file BDO state and local taxes.
To fill out BDO state and local taxes, individuals must gather all relevant income and expense information, complete the necessary forms, and submit them to the appropriate taxing authority.
The purpose of BDO state and local taxes is to fund government services and programs at the state and local level.
Information such as income, deductions, credits, and payment amounts must be reported on BDO state and local tax forms.
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