Effective September 1, 2011 any Revenue Discovery Systems (RDS) administered taxes will no longer be available on the www.click2file.net website. Instead you will need to file the RDS administered taxes on www.salestaxonline.com. Non-RDS administered taxes that are filed on Click2File can still be filed on that site. RDS is sending out e-mails to taxpayers with [...]
Did you know that despite the recent legislation Alabama already has a new hire reporting law? This law has been in place since 1997. It's purpose is fourfold to: Prevent payment of unemployment compensation to individuals who have returned to work. Prevent individuals from receiving workers' compensation while employed. Recoup from unemployment compensation the cost [...]
The Alabama Forest Recovery Task Force was created to facilitate timber salvage efforts, to maximize the recovery of timber damaged by the April storms, and to limit the loss of timber volume and value. Below is a link to the task force website. If we can assist you, don't hesitate to call us. www.alabamaforestrecovery.com
The Alabama Department of Industrial Relations has informed us that there will be a special assessment of interest on money that was borrowed from the US Treasury to pay unemployment benefits from 2007 through 2010. These funds were borrowed because there was more paid in unemployment benefits than was collected in unemployment compensation taxes. Through [...]
The IRS has extended the deadline for the Heavy Highway Vehicle Use tax normally due on August 31st until November 30, 2011. Because this tax is set to expire on September 30,2011 this extension is designed to alleviate any confusion and possible multiple filings that could result if Congress reinstates or modifies the tax after [...]
Please join several of our JMF timber experts at this meeting next Monday from 6:30 - 9:30 at the Tuscaloosa County Extension Auditorium located at 2513 7th Street. This is a joint meeting with the Alabama Forestry Commission, members of Governor Bentley's office and others. If you have questions about the meeting, please call 205-349-4630. [...]
An employer who sponsors a pension or welfare benefit plan generally must file Form 5500 on the last day of the seventh month following the end of the plan year. For calendar-year plans that means the due date is usually July 31st. In 2011, July 31st falls on a Sunday, so the deadline is moved to the [...]
The Internal Revenue Service announced an increase in the standard mileage rates for the final six months of 2011. The rate will increase to 55.5 cents a mile for all business miles driven from July 1, 2011, through December 31, 2011. This is an increase of 4.5 cents from the 51 cent rate in effect for [...]
There is now a refund program in place for the Jefferson County Occupational Tax paid from January 12, 2009 through August 13, 2009. The Settlement Administrator has set a deadline of July 13, 2011 for employers to complete an Employee Refund Data Form to determine how much is owed and to whom. The forms can [...]
Beginning on July 1st, the 0.2% federal unemployment tax (FUTA) surtax is no longer in effect. The FUTA rate, before consideration of state unemployment credits, is now 6.0%. This means that FUTA will need to be calculated separately for the first half of the year and calculated separately for the second half of the year. [...]