The Administrative Law Division denied the refund petition, justifying that the taxpayer did not pay its liabilities properly by claiming the return credits.Ely, Bruce PLong, James E. JrJournal of State Taxation
This can significantly increase the complication of filing your sales tax return, because different sales tax rates must be charged to different buyers based on their location. Is Alabama a Streamlined Sales Tax State? Alabama is not a member of the Streamlined Sales and Use Tax Agreement. The ...
The C Corporation is a separate entity legally and for tax purposes. Accordingly, it reports and pays federal income tax on its profits on its own tax return. C Corporations must appoint a board of directors to oversee the company’s affairs and ensure the business is managed with the intere...
The PTE timely filed the required PTE tax return, as if the election had been properly made for the tax year; The PTE made a timely PTE tax extension payment; or The PTE made an PTE tax payment prior to the due date of the respective return....
The BPT Return and Annual Report filing is due every year by April 15. When is my first Business Privilege Tax & Annual Report due? Your first Business Privilege Tax Return and Annual Report is due by April 15, the year after your LLC is approved. For example, if your LLC was approved...
MONTGOMERY, Ala. (AP) — Alabama health regulators have permanently revoked the medical license of a Birmingham-area doctor arrested last year for voyeurism.
RTP which means the percentage return to player of any game. Every gaming machine prize differs from game to game depending on their category. For the Aviator game the developer states that it's payout ratio is 97%. This implies that with 100 rounds when you play the little plane takes ...
With the war in Afghanistan in full swing, the passage ofThe Military Family Tax Relief Actcreated a number of provisions to ease restrictions for military members on tax credits available to them and an extension by the IRS of its three-year period for amending a tax return. The act also...
Form 1065, which reports the income of the partnership as a whole. The partnership itself does not pay tax on its income. It “passes through” profits and losses to its partners. Each partner must also report their portion of profits and losses on their personal tax return usingSchedule E...
He said there was concern about the cost of the larger rebate to the education budget, particularly as lawmakers consider other significant tax cuts, such as lowering the state sales tax on food. Lawmakers are trying to make strategic choices with the surplus, but could not fulfill every...