Alabama - The Alabama Commissioner of Revenue has issued a series of orders. On March 18, 2020, the commissioner ordered that late payment penalties are waived for small retail businesses whose monthly retail sales during...more
12/11/2020
/ Coronavirus/COVID-19 ,
Filing Deadlines ,
Infectious Diseases ,
Internal Revenue Code (IRC) ,
IRS ,
Local Taxes ,
Relief Measures ,
SALT ,
State and Local Government ,
State Taxes ,
Tax Extensions ,
Tax Planning
Alabama -
The Alabama Commissioner of Revenue has issued a series of orders. On March 18, 2020, the commissioner ordered that late payment penalties are waived for small retail businesses whose monthly retail sales...more
10/14/2020
/ Coronavirus/COVID-19 ,
Filing Deadlines ,
Infectious Diseases ,
Internal Revenue Code (IRC) ,
IRS ,
Local Taxes ,
Relief Measures ,
SALT ,
State and Local Government ,
State Taxes ,
Tax Extensions ,
Tax Planning
Alabama -
The Alabama Commissioner of Revenue has issued a series of orders. On March 18, 2020, the commissioner ordered that late payment penalties are waived for small retail businesses whose monthly retail sales during...more
9/17/2020
/ Coronavirus/COVID-19 ,
Filing Deadlines ,
Internal Revenue Code (IRC) ,
IRS ,
Local Taxes ,
Relief Measures ,
SALT ,
State and Local Government ,
State Taxes ,
Tax Extensions ,
Tax Planning
The Coronavirus Aid, Relief and Economic Security (CARES) Act provides two measures of relief to taxpayers, but taxpayers amending federal income tax returns should be aware these benefits may not reach their state income tax...more
6/8/2020
/ CARES Act ,
Coronavirus/COVID-19 ,
Federal Loans ,
Internal Revenue Code (IRC) ,
Net Operating Losses ,
Paycheck Protection Program (PPP) ,
Relief Measures ,
SBA ,
SBA Lending Programs ,
Small Business ,
Tax Planning
Due to the varying methods of state conformity to the Internal Revenue Code, both the prior and current versions of Section 162(m) continue to be a consideration for state taxes....more