June 2026 Professional Development Training

A Louisiana retailer may need which of the following?

(Select all that apply)

• State Sales Tax Account

• Parish Sales Tax Account

• Federal Sales Tax Account

• Secretary of State Sales Tax Account

Which products commonly qualify under Cottage Food Law? (Select all that apply)

• Certain baked goods

• Jams and Jellies

• Plate lunches

• Hamburgers

Which statements about EINs are true? (Select all that apply)

• Issued by the IRS

• Can be obtained at no cost

• Must be purchased

• Issued by Louisiana

What should be researched before selecting a business name?

• Secretary of State records

• Domain availability

• Social media handles

• Trademark conflicts

• All of the above

Which industries commonly have OSHA considerations?

• Construction

• Manufacturing

• Warehousing

• Landscaping

• All of the above

Which activities may create environmental compliance concerns? (Select all that apply)

• Waste oil disposal

• Chemical storage

• Wastewater discharge

• Creating a Facebook page

Which businesses commonly require food permits? (Select all that apply)

• Food Truck

• Restaurant

• Catering Business

• Truck Driver

What risks may result from operating without proper licensing?

• Fines

• Project Delays

• Contract Disputes

• Legal Liability

• All of the above

What are the characteristics of an LLC?

• Pass-Through Taxation

• Ability to Elect Tax Classification

• Management Flexibility

• Limited Liability

• All of the above

What factors should be considered when discussing tax elections with a CPA?

• Household income

• Projected profits

• Future sale of the business

• Number of owners

• All of the above