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Apr 2021MONTGOMERY, April 2, 2021 – The Alabama Department of Revenue (ALDOR) is offering guidance to pass-through entities to help them comply with recent changes in tax law. On Feb. 12, Governor Kay Ivey signed into law the Alabama Electing Pass-Through Entity Tax Act (Act 2021-1) which, beginning with the 2021 tax year, allows Alabama S-Corporations […]
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Apr 2021March 2021 Abstract
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Mar 2021MONTGOMERY, March 19, 2021 – The Alabama Department of Revenue is offering a series of webinars for new and existing business owners called Business Essentials for State Taxpayers (B.E.S.T.) Webinars. The state’s tax structure and filing requirements can appear complicated and confusing to business owners. The B.E.S.T. Webinar Series, hosted live by Revenue representatives, provides business […]
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Mar 2021MONTGOMERY, March 18, 2021 – On March 17, the Treasury Department and the IRS issued IR-2021-59, which provides for an automatic extension of the filing and payment date for individual 2020 income tax returns from April 15, 2021, to May 17, 2021. The IRS release specifically stated that the relief does not apply to estimated […]
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Mar 2021February 2021 Abstract
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Feb 2021MONTGOMERY, Feb. 25, 2021 — The Alabama Department of Revenue (ALDOR) will hold a rule hearing on March 9 via web conference. To participate in the upcoming web conference public hearing, please contact the Tax Policy and Governmental Affairs Division at taxpolicy@revenue.alabama.gov or 334-242-1380 to obtain the appropriate sign-in information. Rule actions are needed to […]
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Feb 2021The Alabama Department of Revenue (ALDOR) is offering tax relief to Alabama taxpayers who reside or have a business in federally declared disaster areas where damage was caused by recent winter storms. The tax relief measures mirror IRS measures in the same declared disaster areas. ALDOR will grant filing extensions to taxpayers directly affected by […]
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Feb 2021NOTICE ATTENTION: ALL ALABAMA UNDERGROUND AND ABOVEGROUND STORAGE TANK TRUST FUND CHARGE TAXPAYERSSUBJECT: STORAGE TANK TRUST FUND CHARGE RATE INCREASE The Alabama Underground and Aboveground Storage Tank Trust Fund Management Board and the Alabama Environmental Management Commission are increasing the fee from $0.01 per gallon to $0.012 per gallon for each gallon of motor fuel […]
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Feb 2021Alabama Department of Revenue Will Begin Accepting Returns on Feb. 12 MONTGOMERY, Feb. 5, 2021 – Are you ready to file your income tax return? Tax Season 2021 begins on Friday, Feb. 12, and the filing deadline is April 15. The Alabama Department of Revenue (ALDOR) has a few tips and suggestions to help you […]
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Feb 2021January 2021 Abstract