Friday, June 9, 2023

Overtime pay in Alabama to be temporarily exempt from income tax | Fox News

Overtime pay in Alabama will be temporarily exempt from state income tax under a tax cut approved Tuesday by lawmakers

The legislation will exempt overtime pay from the state's 5% income tax beginning in the 2024 tax year. The tax cut will expire in June of 2025 unless renewed by lawmakers.

Publisher: Fox News
Date: 2023-06-07
Twitter: @foxnews
Reference: (Read more) Visit Source



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