Watch it now! The Dent Moses team led a thoughtful discussion on Alabama HB588, which was signed by Governor Kay Ivey on May 4, 2021.

The law allows Alabama S-Corporations and Partnerships (PTEs) to elect to pay Alabama income tax at the entity level beginning with the 2021 tax year.

Click below to watch full webinar.

Discussion points included:

* Background Information about the SALT deduction

* Potential tax savings

* Which PTEs and PTE Owners might benefit from the election

* How PTE’s make the election and pay the tax

* What this law means for PTE owners

* Sample calculations

Click Here to read our blog article on Alabama HB588.