Two Alabama laws go into effect September 1 that may impact your sales and tax collection process. Act 2025-305 – Grocery Sales Tax Reduction Reduces the state sales and use tax rate (SSUT) on groceries from 3% to 2% and authorizes local…
Act No. 2022-294 by Rep. Lynn Greer, R-Rogersville, and Sen. Arthur Orr, R-Decatur A law that takes effect July 1 gives those 65 or older an income tax exemption for the first $6,000 in taxable retirement income beginning in 2023….
During its 2022 regular and special session, the Alabama Legislature enacted several tax cuts, including some key tax cuts for business: Small Business Relief and Revitalization Act: As of May 1, almost 2,500 businesses that collect sales taxes will no…
The first quarterly tax payment for unemployment insurance taxes is due April 30 and delinquent after May 1. Employers should have been able to download their 2021 unemployment insurance rate via the Alabama Department of Labor website in either the…
Businesses, individuals and nonprofits do not have to pay state income taxes on federal coronavirus relief benefits received in 2020 or 2021, plus Alabama businesses will see reduced taxes, under Act No. 2021-1, which the governor signed Friday, Feb. 12….
Instead of the lower unemployment tax bill originally projected for next year, all Alabama employers will have an additional 1.3% added to their current tax rate in 2020, thanks to the strain caused by job losses due to COVID-19. Through…
Amazon, the world’s largest online retailer, began collecting sales taxes in Alabama today (Nov. 1, 2016), just in time for the 2016 holiday shopping period. Alabama Revenue Commissioner Julie Magee estimates Alabamians will purchase as much as $200 million in…
State Will Not Refund Tax; Expects to Take 8 Months to Recoup Fee Alabama pharmacists should have already received notices from the Alabama Medicaid Agency and the Alabama Department of Revenue informing them that a 15-cent increase in the pharmacy provider tax…
On Jan. 1, 2014, Alabama put into place new rules for sales tax collection on delivered products. The Alabama Retail Association has heard from many of you who missed this update and are now facing a sales tax audit. Under the…
The Alabama Department of Revenue now has an online sales tax rate database on its website. Retailers can put a delivery address in the online lookup and get the sales tax rate for the various jurisdictions that apply to that address. Since the first day of 2014, a seller using…