Tax relief for some folks in Alabama affected by winter storms Winfield, Ala. (Source: Janet Handley) By WBRC Staff | February 24, 2021 at 3:50 PM CST - Updated February 24 at 3:50 PM
BIRMINGHAM, Ala. (WBRC) - The Alabama Department of Revenue (ALDOR) is offering tax relief to Alabama taxpayers who live in or have a business in federally declared disaster areas where damage was caused by recent winter storms.
ALDOR will grant filing extensions to taxpayers directly affected by the winter storms. Those taxpayers have until June 15, 2021, to file tax returns due on or after Feb. 11, 2021, and before June 15, 2021.
Penalty relief will be provided during the extension period. Affected taxpayers filing for Individual Income Tax, Corporate Income Tax, Pass-through Entities, Business Privilege Tax, or Withholding Tax may submit a penalty waiver request using the Department’s Form PWR, which can be accessed on the Department’s website at:https://revenue.alabama.gov/wp-conten
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Lottery Reports Over $131 Million In Sports Bets In 1st Month Wednesday, December 23, 2020
The Tennessee Education Lottery, which oversees the licensing and regulation of online sports wagering in Tennessee, on Wednesday reported the November totals for sports betting taxes and wagering - listing over $131 million in bets. This is for the first month of interactive sports wagering in state history. “Our first month of sports wagering in Tennessee comes at a unique time in the world, let alone the sports world,” TEL President and CEO Rebecca Paul Hargrove said. “November’s figures include adjustments and indicate potential. It is only one month in an unpredictable and extraordinary year, making it difficult to begin extrapolating out from this single month. As this new industry in Tennessee evolves, we will continue to work with licensees and registrants in support of a responsible and competitive sports wagering program.”