Rise to the Moment of Truth Sunday, March 3, 2024

Tag: INCOME TAX

Construction worker Alabama News
Tax-free overtime pay in Alabama begins on January 1

Starting Monday, the overtime pay of hourly workers in Alabama won’t be taxed by the state.

Capitol Alabama News
State income tax rebates coming next week

Alabama taxpayers will receive one-time tax rebates beginning this week.

Taxes Alabama News
Alabama 39th in nation for business tax climate, study says

Alabama ranks 39th in the nation for its business tax climate, according to a new study released on Tuesday.

Tax Relief2 Alabama News
Justin Bogie: What relief bills are still alive as the 2023 regular session nears its end?

Time is running out. Many bills that sought to reduce the tax burden of Alabamians have officially died. But several tax relief bills remained alive as Wednesday’s committee meetings wrapped up.

Orr Alabama News
State Sen. Orr says grocery, income tax relief 'a possibility' this session

In a few days, the Alabama Legislature will begin the first session of the new quadrennium. In addition to both chambers having to deal with the constitutionally mandated duty of passing budgets, a $2.6 billion surplus leftover from the prior legislative session will also have to be handled.

Selma tornado Alabama News
Tax filing deadlines for Alabamians affected by storms delayed until October

Alabamians in counties under a disaster declaration by the Federal Emergency Management Agency (FEMA) from January storms now have until October to pay their taxes.

Alabama Capitol Alabama News
Economist: Alabama has a history of making ‘drastic moves in the wrong direction,’ criticizes economic incentives, state income tax, retirement system

State legislators have consistently insisted the state can't afford to permanently cut income taxes, much less eliminate them altogether. Lawmakers have also strayed away from reforming the state’s retirement system, even as it reported negative returns in 2022. One economist says they’re all wrong.