Revit OpEd

DECEMBER 22, 2017

Repeal of employee deduction and income exclusion for moving expenses: Under current law (Code Section 132(a)(6) and (g)), an employee can exclude qualified moving expense reimbursements from gross income. Certain of these expenses are not deductible unless, in aggregate, they exceed 2% of the employee’s adjusted gross income.

Employment 85

Employment Compensation Agreement Income 85

Green Building Law Update

DECEMBER 27, 2017

Collective Bargaining: One or more unions meeting with representatives from an organization to negotiate labor contracts. Here is a list of 25 terms you should know: Employment Retirement Income Security Act (ERISA): A federal law that governs pension and welfare employee benefit plans. Are you up to date on your HR compliance terms?

Employment 247

Employment Compensation Insurance Discrimination 247

Buisness Facilities Contributed Content

APRIL 15, 2014

Appalachian Regional Commission and Delta Regional Authority Grants: Federal-state partnerships that work with the people of 37 Appalachian counties in Alabama and the Mississippi Delta region’s twenty Alabama counties to create opportunities for self-sustaining economic development and improved quality of life. The rates range from $.25

Income 108

Income Finance Zoning Employment 108

Buisness Facilities Contributed Content

MARCH 21, 2014

INCOME TAX CAPITAL CREDIT: Currently codified as Article 7, Chapter 18, Title 40, Code of Alabama 1975. It is a credit of five percent of the capital costs of a qualifying project, to be applied to the Alabama income tax liability or financial institution excise tax generated by the project income, each year for 20 years.

Income 75

Income Finance Zoning Equipment 75