Favorite team:	LSU
Location:	LSU
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Number of Posts:	2093
Registered on:	9/21/2004
Online Status:	Not Online

re: Turbo Tax - Louisiana extension?

Posted by hedgediver on 4/15/24 at 12:22 pm

Louisiana now grants an automatic extension to file so there is no physically extension to submit. If you have a balance due to LA that must be paid by May 15th and there is an “extension payment voucher” that you can use to submit this. ...

Money Talk

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re: 'You earned it, you keep it act' bill would eliminate taxes on Social Security

Posted by hedgediver on 2/8/24 at 6:15 pm

frick that. Is it the same on both the employee and employer portions?...

Political Talk

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re: Favorite Brokerages & Index Funds/ETFs

Posted by hedgediver on 1/26/24 at 9:12 pm

What is the pro of having the Schwab account and purchasing the vanguard funds? Would I be better off just opening a vanguard account?...

Money Talk

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Favorite Brokerages & Index Funds/ETFs

Posted by hedgediver on 1/26/24 at 6:41 pm

I am at a point where I will have excess funds each month available for investment. Nothing exotic, I am thinking mostly dollar cost averaging into index funds. What brokerages are you using for your investment and do you like them? What are your favorite index funds/ETFs?...

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re: Anyone ever do cost segregation for their rentals?

Posted by hedgediver on 9/29/23 at 2:04 pm

I am a CPA and have clients that have engaged cost seg experts from time to time. Agreed that fee seems incredibly high....

Money Talk

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re: Moments in sports that still give you chills

Posted by hedgediver on 6/3/23 at 10:28 pm

Brett Favre MNF game after his dad passed...

More Sports

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re: Taxes on divorce settlement

Posted by hedgediver on 4/12/23 at 10:40 pm

They are partitioning the community property and allocating assets between them. No she would not be taxed on transferring the house to the ex. The broker should be able to split the investment portfolio tax free. Generally retirement plans can be split through QDRO without incurring tax. ...

Money Talk

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re: Watch Service - How Often and Where?

Posted by hedgediver on 3/30/23 at 9:17 pm

Aucoin Hart should be able to take care of the service you need done....

O-T Lounge

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re: Anyone aware of tax breaks during 2020 hurricane year?

Posted by hedgediver on 2/3/23 at 8:25 pm

You would need to file an amended 2021 tax return to claim the casualty loss....

Money Talk

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re: New 2024 Law | 529 rollover to Roth IRA

Posted by hedgediver on 12/23/22 at 3:52 pm

Interesting stuff, thanks for posting....

Money Talk

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re: Whiskey/Bourbon/Scotch Volume III

Posted by hedgediver on 9/26/22 at 10:52 pm

Glock, that is one of my all time favorites. Haven’t had any in a hot minute. Great pour to start the week!...

Food and Drink

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re: Annual/Lifetime Gift Tax Exemptions

Posted by hedgediver on 9/26/22 at 6:39 am

Likely none as failure to file and failure to pay penalties are based on situations where there is tax due. Unless you have already exceeded the the lifetime exclusion there would be no tax due. One of the biggest issues I see is that if you don’t file the return, the statute of limitations doesn’...

Money Talk

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re: Wills & Trust Attorneys

Posted by hedgediver on 9/8/22 at 7:35 pm

Matt Treuting is great in New Orleans, as is Andrew Sullivan....

Money Talk

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re: Whiskey/Bourbon/Scotch Volume III

Posted by hedgediver on 8/11/22 at 11:55 am

Thanks, I scooped up a 1.75L this morning. Looking forward to trying it out!...

Food and Drink

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re: Increasing corporate tax minimum for EARNED income

Posted by hedgediver on 8/7/22 at 10:03 pm

Will be interesting to see how this impacts the overall concept of deferred income tax assets/liabilities when this would eliminate a large portion of the current year book go tax differences....

Political Talk

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re: Increasing corporate tax minimum for EARNED income

Posted by hedgediver on 8/7/22 at 10:00 pm

One thing I haven’t seen mentioned here is that these companies most likely have their financial statements audited, so it’s not like management has unfettered access to do whatever they want for book purposes. Charging a tax on book income is ludicrous....

Political Talk

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