Did you miss our webinar on Alabama HB588,
or want to watch it again?
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.