Alabama Reemployment Act
New Bill Offers Deduction For Employers
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 On April 22nd, Governor Riley signed into law the Alabama Reemployment Act of 2010 (Act 2010-557) which allows an employer to take a one-time state income tax deduction of up to 50% of the gross wages paid to a new employee who was either receiving unemployment benefits or whose unemployment benefits had been exhausted. Click here to read the full summary, including the amount and limitations of the deductions.
For more information about this deduction, please contact your HBK professional.
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Hartmann, Blackmon &
Kilgore P.C. is one of the Gulf Coast's leading CPA and business
consulting firms, and is ranked by Business
Alabama as one of the
top-tier accounting firms in the state. The company was
founded in 1990 as a certified public accounting practice, and has
grown to include consulting services such as business valuation,
litigation support and estate planning. HBK serves as a strategic
partner to many of the leading businesses and municipalities throughout the Gulf Coast, as well as a variety of individuals
and entrepreneurs.
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