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  • February 20, 2020

    The Alabama Legislature was stymied last year over proposals to decouple from or conform with various provisions of the Tax Cuts and Jobs Act of 2017 (TCJA). As a compromise, the Legislature formed a Joint Legislative Task Force pursuant to Senate Joint Resolution 87 (Alabama Act 2019-339) to study these issues. After extensive deliberation and research, as well as discussions with Alabama Department of Revenue and Department of Commerce officials, industry and tax professionals, the task force delivered its final report to the Legislature on February 18.

  • February 19, 2020

    The Alabama Department of Revenue is offering tax relief to Alabama taxpayers who have been affected by recent flooding across Alabama. The relief comes in response to the emergency declaration made by Gov. Kay Ivey on Feb. 18.

  • February 17, 2020

    SALT Tele-townhall with Bruce Ely and Brian Robbins—the latest news on donating to worthy scholarship-granting organizations (SGO’s) in Alabama while also achieving both federal and state tax benefits.

  • February 14, 2020

    Alabama lawmakers took steps this week to utilize 2021's positive revenue forecast as an opportunity to prepare for leaner years that are sure to come.

  • February 10, 2020

    Alabama’s 2020 Regular Session began this week on an upbeat note, as official budget projections showed healthy revenue growth to support routine operations and new initiatives.

  • February 7, 2020

    Know an emerging young CPA leader? Have them apply to the AICPA Leadership Academy, a one-of-a-kind, four-day immersive leadership program focusing on strategy, life/work balance, the CPA profession and career self-examination. The deadline is May 31.

  • February 4, 2020

    The IRS Birmingham Office has been relocated to downtown Birmingham at 417-20th St N, Birmingham, AL 35203 in the old Region’s Building.

  • January 31, 2020

    It’s that time of year when everyone reflects on the past and looks forward to a positive future with personal and professional planning, and new and fresh ideas. You may have some New Year’s resolutions you’d like to accomplish. I have two: From a personal perspective, I’ll look at my financial and personal health. From a professional perspective, I’ll look at planning and execution around securing the future and value of the profession.

  • January 29, 2020

    Until recently, there has been little compelling reason for companies to embed privacy considerations deeply into their larger business strategies. While consumers say they care about privacy, few have placed any real value on protecting their data. Further, while many privacy laws call for severe penalties, it appears that actual fines will be considerably lower and only the worst offenders will be impacted. The costs to fully meet all privacy requirements can also be quite high for most companies