The start date for the Alabama Legislature’s 2023 regular session is near: Tuesday, March 7. As we do annually, here are some of the major items of business tax legislation we expect to see in the upcoming session...more
Although every LLC, limited partnership or other pass-through entity doing business in Alabama, and even those simply organized under Alabama law, are subject to an annual business privilege tax (BPT), certain entities can...more
10/19/2017
/ Appeals ,
Business Ownership ,
Business Privilege Tax ,
Business Taxes ,
Family Businesses ,
Family Limited Liability Companies ,
Family Limited Partnerships ,
Internal Revenue Code (IRC) ,
IRS ,
Limited Liability Company (LLC) ,
Tax Planning ,
Tax Returns ,
Wealth Management
The ADOR has proposed a number of amendments to its rule governing the filing of partnership tax returns, Form 65. The new rule, as proposed, inserts language conforming with Alabama’s recently enacted “factor presence nexus”...more
In preparation for the 2016 regular session, which begins on February 2, several of Alabama's key trade and business organizations recently announced their tax legislative agendas. As reflected in these agendas, the 2016...more
This SALT Alert summarizes many of the major legislative, judicial, and administrative developments affecting Alabama business taxpayers with respect to income, transactional, and property taxes. The Spring 2015 legislative...more
The first Special Session of 2015 ended on Tuesday, August 11, without accomplishing the primary objective of passing a General Fund budget for the 2015-2016 fiscal year. The Governor’s “call” for the special session included...more
8/19/2015
/ Business Taxes ,
Legislative Agendas ,
Legislative Process ,
Reciprocity Rules ,
Repeal ,
Sales & Use Tax ,
Sales Tax ,
State Budgets ,
Sufficient Nexus ,
Tax Exemptions ,
Tax Reform