Taxation Archives - 256 Today

Guest opinion: Tax breaks for athletes? NIL exemption should be punted

Stephanie Smith - February 18, 2025

Last week, State Rep. Joe Lovvorn filed a bill that, if passed, would make earnings of college athletes in the state of Alabama through Name,...

Legislature passes grocery tax cut

Grayson Everett - June 1, 2023

MONTGOMERY -- State lawmakers reached a final agreement Thursday on how to cut the grocery tax. As prices have risen across the board, Alabama’s 4%...

Orr bill would phase out grocery tax

Staff reports - March 15, 2023

MONTGOMERY -- State Sen. Arthur Orr has drafted legislation that he said would phase out the grocery tax on food. The proposed bill would...

Rep. Cole throws support behind tax rebates

Michael Yaffee - January 27, 2023

MADISON -- One of the topics that has been bandied about Montgomery recently is rebates for taxpayers. Gov. Kay Ivey also threw her support behind...

Employers to see 54% unemployment insurance tax cut

Bud McLaughlin - January 6, 2023

MONTGOMERY -- Most Alabama employers will see a 54% tax cut in their 2023 unemployment insurance taxes and the state has dropped into the...

Anglin Reichmann promotes Cook and Schaefer to partners

Kimberly Ballard - December 30, 2022

HUNTSVILLE — Christopher Cook and Dustin Schaefer have been promoted to partners of Anglin Reichmann Armstrong. The Huntsville-based firm said the two CPAs' promotions...

Mayor ’s State of the City: Madison a place to lay down roots

Kimberly Ballard - November 7, 2022

MADISON -- The underlying theme of Madison Mayor Paul Finley's annual State of the City address was growing Madison into a place where people...

Clift Farm Publix annexation said ‘win-win’ for Madison

Bud McLaughlin - October 21, 2022

MADISON -- A potential retail annexation would be a "win-win" for the city of Madison, according to officials. At Monday's City Council meeting, a proposal...

City holds strong fiscal position with early TIF closing

Staff - August 1, 2022

HUNTSVILLE -- The city of Huntsville will retire its third tax increment financing (TIF) district this month, two years ahead of projection, and nine...

Boeing celebrates 60 years in Alabama; generated $2.7B in economic impact in ’21

Dylan Smith - June 7, 2022

HUNTSVILLE -- The Rocket City is the economic engine of North Alabama and a major aerospace company helps boost that engine. Boeing, celebrating 60 years...

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