New Legislation On Alabama Overtime Pay Exemption
On June 8, 2023, Governor Kay Ivey passed legislation exempting overtime wages earned by full-time hourly employees from Alabama gross income and consequently from Alabama state income tax.
Aldridge, Borden & Company Announces Employee Promotions
Aldridge, Borden & Company is pleased to announce several promotions for our employees.
Aldridge, Borden & Company Names New Partner
Aldridge, Borden & Company is pleased to announce the promotion of Principal Joe Mills, CPA, to Partner
Aldridge, Borden & Company Names New Partner
Aldridge, Borden & Company is pleased to announce the promotion of Principal Amanda Hines, CPA, to Partner.
Hiring Independent Contractors and the Tax Implications
Many businesses use independent contractors to help keep their costs down — especially in these times of staff shortages and inflationary pressures. If you’re among them, be careful that these workers are properly classified for federal tax purposes. If the IRS reclassifies them as employees, it can be an expensive mistake.
Offering summer job opportunities? Double-check child labor laws.
Is your business planning to hire teenagers for summer jobs? If so, be sure everyone on staff is familiar with the child-labor provisions of the Fair Labor Standards Act.
