Rise to the Moment of Truth Thursday, November 21, 2024

Tag: TAXES

Taxes Alabama News
Alabama ranked 38th for tax competitiveness

Alabama’s tax rates rank 38th in the nation compared to other states, according to the Tax Foundation.

Marshall County superintendents at meeting Alabama News
Marshall County’s five school superintendents concerned with loss of revenue due to businesses not collecting 1-cent sales tax increase

The five school district superintendents in Marshall County are calling for more transparency from the County Commission due to concerns the schools are not receiving their fair share of the recently enacted 1-cent sales tax increase.

ABC Board Alabama News
Sales tax increase on alcohol bought at ABC stores begins

A new law increasing the state sales tax on alcohol sold in ABC stores went into effect on Tuesday.

Trussville City Schools Alabama News
Trussville residents set to vote on property tax increase

Trussville voters will head to the polls Tuesday to vote on a property tax increase to go to schools.

Kay Ivey HB342 Signing Alabama News
Ivey signs property tax increase cap into law

Gov. Kay Ivey has signed legislation into law that caps the amount property tax can increase every year after reappraisals.

Property tax Alabama News
State Sen. Sessions to file bill capping property tax increases from reappraisals

State Sen. David Sessions (R-Grand Bay) will file legislation in the upcoming legislative session capping how much property values can be increased on annual reappraisals. 

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.

Kay Ivey Alabama News
State to send out rebate checks to Alabama taxpayers starting December 1

Alabama taxpayers will receive one-time tax rebates beginning in December.

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.

Charles Barkley Alabama News
Charles Barkley questions the death tax — 'That's not fair'

During a recent interview on "The Bill Simmons Podcast," former Auburn star and NBA Hall of Famer Charles Barkley railed against the government for the taxes imposed on someone's estate upon their death.

Grocery Alabama News
State grocery tax cut to begin on Friday

Shoppers at grocery stores in Alabama will see a one-cent reduction in the state sales tax on groceries beginning on Friday.

Alabama gold Alabama News
Alabama mid-pack among states' friendliness to sound money, precious metal defense, organization says

For thousands of years, money was based on precious metals like gold and silver, but in the 20th century, the United States moved away from metal-based currency and toward fiat currency backed only by full faith and trust in the federal government.

Millbrook Alabama News
Millbrook passes one-cent sales tax hike before grocery tax cut bill signed into law

Members of the Millbrook City Council unanimously passed a one-cent city sales tax increase on Tuesday morning at a special-called meeting in an attempt to beat Gov. Kay Ivey’s possible signature on grocery tax cut legislation passed by the House and Senate last week.

State Sen. Arthur Orr Alabama News
Tax-free overtime bill capped at $2,000 per worker in Senate committee

Legislation that originally excluded all overtime pay by hourly public and private workers in Alabama was amended in the Senate Education Budget Committee on Wednesday.

Fu Akn SA Wc AEK5e G Alabama News
U.S. Rep. Moore introduces bill to repeal 16th amendment on taxation; Supports abolishing the IRS

"We need to repeal the 16th Amendment, get rid of the IRS, and put this hard-earned money back in the wallets of American families."

Remote work Alabama News
Justin Bogie: Why Alabama is looking less attractive for remote workers

Making Alabama more attractive for remote workers could give the state an advantage in attracting and retaining businesses. It’s a win-win for the state and the legislature has the power to make it a reality.

salary overtime Alabama News
Alabama Policy Institute backs Democrat-led bill to remove state income tax on overtime pay

The Alabama Policy Institute (API) is backing a bill by House Minority Leader Anthony Daniels (D-Huntsville) to remove the state tax on overtime pay.

AL Senate Jones Andrew Facebook Alabama News
State Sen. Jones files bill capping local occupational taxes at 1%

State Sen. Andrew Jones (R-Centre) filed legislation that would reduce existing local occupational taxes incrementally down to 1% and exempt some employees from the tax.

Governor Kay Ivey Alabama News
Ivey’s proposed budget prioritizes tax rebate, no tax cuts

Gov. Kay Ivey is including a one-time tax rebate, but no permanent tax cut, in her proposed budget for the next fiscal year.

Alabama Tax Alabama News
Alabama Dept. of Revenue follows IRS by delaying filing deadline until October for taxpayers in FEMA disaster areas

The Alabama Department of Revenue (ALDOR) is delaying the state tax filing deadline for Alabamians who reside or have a business in federally declared disaster areas in Alabama where damage was caused by severe weather in January. 

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.

AL House of Rep Daniels Anthony Facebook Alabama News
Justin Bogie: Why is a Democrat, rather than Republicans, spearheading lower taxes?

Democrat State Rep. Anthony Daniels should be commended for his willingness to lower taxes and propose legislation providing economic relief to hard-working Alabamians.

Tax, dollar money bags on a simple balance scale stock photo Alabama News
Justin Bogie: Alabama’s tax burden is not as low as some lawmakers claim

When it comes to individual income tax rates, Alabama is currently middle of the road compared to other southern states. That is changing.

Welcome to Sweet Home Alabama sign Alabama News
Alabama has 4th-highest sales tax burden nationally

Alabama has the fourth-highest state and local combined sales tax rate in the nation in 2023, according to a recent analysis by the Tax Foundation.

JONATHAN BARBEE Alabama News
Former Jefferson County Constable Jonathan Barbee arrested on ethics and tax charges

A former Jefferson County constable has been accused of evading taxes and using his position to pay family members.

Taxes, cut taxes Alabama News
Justin Bogie: Lawmakers should take less money from you in 2023, not look for ways to spend more

Despite early projections that a potential recession may not have as hard-hitting of an impact on Alabama as previously expected, do not expect permanent tax relief for Alabamians in 2023.

Money, dollars, bills Alabama News
Stephanie Holden Smith: Finders keepers, losers weepers

Withholding is arguably one of the most damaging things ever done to our country because it allows the government to take what is rightfully earned by you (your money) before you even get your hands on it.

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