Alabama Governor Kay Ivey announced that one-time tax rebates authorized in her 2023 budget are now on their way to 1.9 million Alabama tax filers. Since December 1, which was the start date authorized by law, officials have worked around-the-clock to process the one-time tax rebates. Governor Ivey tasked the Alabama Department of Revenue with […]
In 2021, the Corporate Transparency Act (CTA) was introduced with the aim of bolstering transparency in entity structures and ownership to combat financial crimes. However, as the January 1, 2024 effective date looms, businesses are scrambling to understand and comply with its provisions. Initially overlooked by accounting professionals, the Corporate Transparency Act, which will require […]
HUNTSVILLE, AL – On Monday, oral arguments in National Small Business Association v. Yellen will began at the Huntsville United States District Court. The case is a challenge to the constitutionality of the Corporate Transparency Act (CTA) and specifically the law’s beneficial ownership reporting requirements. The law would require nearly every American who runs or […]
On November 13, Boeing celebrated the groundbreaking of a new Patriot Advanced Capabilities Three (PAC-3) seeker factory expansion, which is expected to increase annual production by over 30 percent. Jim Ryan, Boeing’s Director of Integrated Air and Missile Defense, emphasized the importance of the expansion for production of PAC-3s. “The Boeing seeker allows the Patriot […]
Finance and expensive developments were once again on the docket during the Huntsville City Council’s regularly scheduled meeting last Thursday. On November 9, the Council heard a cash investment update from Finance Director Penny Smith and approved amendments to the $325 million dollar mixed-use development on the site of the former Coca Cola bottling plant. […]
The Von Braun Center kicked off a busy holiday season this past Tuesday, November 07, while hosting the State of the County Address. Sponsored by the Huntsville Hospital Health System and the Huntsville/Madison County Chamber of Commerce, Chairman of the Madison County Commission, Mac McCutcheon, gave an address that tackled population growth, budgeting, and quality […]
HUNTSVILLE, AL – The City of Huntsville and the Huntsville Housing Authority are once again inviting the public to learn about the proposed redevelopment of Butler Terrace and Johnson Towers, referred to as the Mill Creek project. A neighborhood and resident meeting will be 6-7:30 p.m. Wednesday, Nov. 8, at the Boys & Girls Club, 125 […]
Housing affordability continues to be a major concern across the United States. ATTOM Data Solution’s Q3 2023 US Home Affordability Report shows that median single-family and condo unit prices in Q3 were less affordable than historic averages in 99% of counties nationwide. Moreover, with interest rates hovering around 8%, ‘major home expenses’ now take up […]
HUNTSVILLE, AL – The common-place idiom “out with the old, in with the new” was very much alive this past week during the Huntsville City Council regular monthly meeting. With the new Huntsville City Hall set to open in April 2024, the City is moving ahead with plans to take down the current Administrative Building. The Council on Thursday approved a resolution […]
Cover image: Marty Sellers of SellersPhoto Huntsville kicked off its celebration of National Community Planning Month last week with a public event at the South Huntsville Public Library featuring city planners Thomas Nunez, Dennis Madsen, James Vanderver and Jo Beth Gleason, as well as Council Member Jennie Robinson. From sidewalks to public transportation, community growth […]
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