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Ghosts on the ledger
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Future of professionals report 2025
The Thomson Reuters Future of Professionals Report 2025 reveals how AI continues to shape professional work — and what it takes to get ahead. This year’s report shows that increased efficiency, productivity, and cost savings top the list of benefits professionals attribute to AI, making it indispensable for organizations facing rapid change.
Screen LAD - Louisiana Separate Accounting (1120)
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Income
Gross receipts / … / Other income: LA Amounts
Amounts entered in these fields are for taxpayers electing the separate accounting method. If an amount is entered here, then Form CIFT-620SD, Schedule D calculates with Louisiana amounts.
Gross receipts / … / Other income: Totals
The application calculates of Form CIFT-620, Schedule D based on federal return information. Also, any adjustments made in the LAAdj Screen, Schedule F - Additions, print in the statement attached to Form CIFT-620, Schedule D, Other income. Enter amounts in these fields only if different from the federal return.
Deductions
Officer’s compensation / … / Other deductions: LA Amounts
Amounts entered in these fields are for taxpayers electing the separate accounting method. If an amount is entered here, then Form CIFT-620SD, Schedule D calculates with Louisiana amounts.
Officer’s compensation / … / Other deductions: Totals
The application calculates of Form CIFT-620, Schedule D based on federal return information. Also, any adjustments made in the LAAdj Screen, Schedule F - Additions, print in the statement attached to Form CIFT-620, Schedule D, Other income. Enter amounts in these fields only if different from the federal return.