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What does the Wayfair Supreme Court decision mean for Alabama?

By | 2018-07-12T14:51:58+00:00 July 12th, 2018|Corporate & Partnership Tax, Entrepreneurs, News & Events, Press Releases, SALT|

By:  Jennifer Stripling, Tax Manager Jennifer is a tax manager, a member of the JMF Tax Department and in an integral part of the JMF State and Local Tax (SALT) group.  With over 11 years of experience, she assists clients with corporate, partnership, and individual income tax reporting as well as complex multi-state income and sales tax [...]

ADOR Launches Tax Amnesty Website

By | 2018-05-23T15:40:08+00:00 May 23rd, 2018|Corporate & Partnership Tax, Individual Tax, News & Events, SALT|

The Alabama Department of Revenue (ADOR) has launched alabamataxamnesty.com, a website dedicated to the Alabama Tax Delinquency Amnesty Program of 2018. The program begins July 1st and runs through September 30, 2018.  Please note that to be eligible, the taxpayer may not have been previously contacted by ADOR (within the last two years) to file returns.  Most [...]

Alabama’s Tax Credit for Taxes Paid to Other States

By | 2018-04-03T15:26:27+00:00 April 3rd, 2018|Corporate & Partnership Tax, Individual Tax, News & Events, SALT|

The Alabama Legislature passed HB 384 last week and Governor signed it into law.  This bill is the "Moody fix”.  Basically, the law codifies the form changes ADOR made in 2013 based on a Regulation change rather than a change in the Statute.  The bill also provides for taxpayers to receive refunds for 2013 (assuming [...]

Shareholder Kim Smith Added to Selma and Dallas County Economic Development Authority

By | 2018-01-17T21:39:24+00:00 January 17th, 2018|News & Events, Press Releases, SALT|

Selma, Alabama – JamisonMoneyFarmer (JMF) Shareholder Kim Smith was elected to the Selma and Dallas County Economic Development Authority Board of Directors.  She will act as Secretary/Treasurer.  Kim is the lead shareholder in the JMF office in Selma. Kim and her husband Ken Smith live in Valley Grande outside of Selma and she is [...]

October 31st Filing Requirement: Reporting for Entities Exempt from Sales Tax

By | 2018-01-11T20:50:15+00:00 October 20th, 2017|News & Events, SALT|

By:  Jennifer Stripling, Tax Manager Jennifer is a tax manager, a member of the JMF Tax Department and in an integral part of the JMF State and Local Tax (SALT) group.  With over 11 years of experience, she assists clients with corporate, partnership, and individual income tax reporting as well as complex multi-state income and sales tax [...]

Common Mistakes Foreign Direct Investors Make Entering The US and Alabama

By | 2018-01-11T20:51:29+00:00 August 22nd, 2017|International, Manufacturing, News & Events, SALT|

The JamisonMoneyFarmer International Practice Group works with many foreign-owned companies on a variety of tax and accounting issues.  As part of our recent US German Alliance meeting in Tuscaloosa, one of the sessions included a discussion about “Common Mistakes Foreign Direct Investors Make Entering the United States”.  We have summarized that discussion as it [...]

 “Bright-Line” Income Tax Nexus Standard for Businesses

By | 2017-06-19T21:22:10+00:00 June 19th, 2017|Corporate & Partnership Tax, Manufacturing, News & Events, SALT|

By:  Jennifer Stripling, Tax Manager Jennifer is a tax manager, a member of the JMF Tax Department and in an integral part of the JMF State and Local Tax (SALT) group.  With over 11 years of experience, she assists clients with corporate, partnership, and individual income tax reporting as well as complex multi-state income and sales [...]

Let Us Help You Make Some Tax Moves Before Year End

By | 2017-05-18T22:55:01+00:00 November 21st, 2016|Corporate & Partnership Tax, Entrepreneurs, Estate & Trust, Individual Tax, News & Events, Pension Admin & Consulting, SALT|

With a new administration taking shape in our nation’s capital after the elections, you can expect that significant tax reforms will be debated, and perhaps enacted, in the near future. But the greatest impact on year-end tax planning in 2016 will likely derive from what happened late last year, not what will happen next year. [...]

Alabama Tax Tribunal Rejects Regulation Limiting Credit for Taxes Paid to Other State

By | 2017-05-18T22:55:01+00:00 November 16th, 2016|Entrepreneurs, Individual Tax, News & Events, SALT|

Alabama Tax Tribunal Rejects Regulation Limiting Credit for Taxes Paid to Other State Taxpayers with multi-state income have refund potential for prior years By:  Kim Smith, CPA, Tax Shareholder Kim is a shareholder, a member of the JMF Tax Department and in charge of the JMF State and Local Tax (SALT) group.  With over 20 [...]

Alabama Amnesty Program to Begin June 30th

By | 2017-05-18T22:55:02+00:00 June 27th, 2016|Corporate & Partnership Tax, Individual Tax, News & Events, Press Releases, SALT|

By:  Kim Smith, CPA, Tax Shareholder Kim is a shareholder, a member of the JMF Tax Department and in charge of the JMF State and Local Tax (SALT) group.  With over 20 years of experience, she assists clients with corporate, partnership, and individual income tax reporting as well as complex multi-state income and sales tax [...]