GreeneTrack has closed after tax ruling, other casinos will follow
The tax structure imposed by an Alabama Supreme Court ruling has left the casinos paying more in taxes than they take in.
taxes
Greenetrack to end electronic bingo; will ‘work with state’ to pay millions in back taxes
Greenetrack CEO Nat Winn called the taxes "a political and financial lynching," but said his business will follow the law.
Governor delivers tax relief to small businesses, signs HB391 into law
When fully implemented, the exemption is projected to save the state’s small businesses an estimated $23 million a year.
April 7, 2022
Tax exemption bill for retirees passes Alabama Senate
The bill would allow up to $6,000 in tax exemptions for taxable retirement income for Alabamians who are 65 years or older.
PARCA report shows Alabama has nation’s second-lowest tax collection per capita
The only state with a lower tax collection per capita in 2019 was Tennessee.
December 24, 2021
Alabama tax revenues surged in 2021
The ETF and general fund grew by more than 11 percent compared to 2020 numbers.
Opinion
Opinion
Follow this topic to stay updated on recent posts.
See recent postsKatie Britt: Biden administration sets sights on Venmo users
Millions of Americans would have their Fourth Amendment rights thrown out the window.
Opinion
Opinion
Follow this topic to stay updated on recent posts.
See recent postsAfter Montgomery’s controversial tax increase, Pike Road just got a bigger one.
Montgomery leaders were forced to jump through hoops to get a 12-mill increase approved. Pike Road got a 19-mill increase with barely a whisper.
Governor signs SB352 to waive interest on late payments for 2020 extended tax filings
Interest will not begin accruing on individual tax filing payments until after May 17, 2021.
April 16, 2021
NFIB: Alabama small business would lose millions without COVID tax deduction
Small businesses should be able to deduct forgiven expenses paid for with federal PPP loans on state income taxes, the NFIB says.
February 3, 2021