Important Announcement

Due to critical system updates and the Labor Day holiday, the Louisiana Department of Revenue (LDR) will be closed from 2 p.m. on Friday, Sept. 4, 2026, through Monday, Sept. 7, 2026. In addition to the closure of all LDR offices during this period, all online services including electronic tax filing and payments and the Louisiana Taxpayer Access Point (LaTAP) portal will be unavailable as well. All in-person, telephone and online customer service will resume on Tuesday, Sept. 8.

Are there any new deductions?

Yes. A bonus depreciation deduction (or 100% expensing) and a bonus amortization deduction was enacted during the 2024 Third Extraordinary Session and apply to taxable periods beginning on or after January 1, 2025. The deductions are for costs of qualified property, qualified improvement property, and research and experimental expenditures and are optional at the election of the taxpayer.