Important Announcement

Beginning April 13, 2026, LDR’s New Orleans regional office will relocate to the OMV building at 100 Veterans Blvd. Walk-in services available Monday–Friday, 8:00 a.m. – 4:00 p.m. No appointment needed. Get more info

Is there a standard deduction available for entities taxed as a corporation?

Yes. A standard deduction equal to $20,000 is effective for taxable periods beginning on or after January 1, 2025.