Economy Innovate Alabama launches tax credit program The discretionary program will provide support to programs designed for innovative small businesses. StaffJune 2, 2023
Congress Sen. Britt, colleagues introduce bill to extend small business tax relief The current deduction is set to expire in 2025. StaffMay 26, 2023
Legislature Sen. Clay Scofield earns NFIB Guardian of Small Business Award The Guardian of Small Business Award is the most prestigious the National Federation of Independent Business bestows on legislators. StaffApril 19, 2023
Economy Small business optimism declines in March Inflation and labor quality are the leading small business operating problems. StaffApril 12, 2023
Economy Innovate Alabama board holds first meeting of the year The board announced the creation of the Innovate Alabama network to connect entrepreneurs and businesses with resources. Jacob HolmesMarch 3, 2023
Economy NFIB: Small business job openings back up in January The percentage of owners reporting labor quality as their top business operating problem remains elevated at 24 percent. StaffFebruary 3, 2023
Economy Most Alabama employers to see 54 percent unemployment insurance tax cut This is the first time Alabama has dropped into Schedule A, the lowest tax rate schedule, since 1997. Jacob HolmesJanuary 6, 2023
State Business, retirement tax changes to take effect Jan. 1 The changes include phasing out the business privilege tax and the exemption of $6,000 of retirement income for senior citizens. Jacob HolmesDecember 23, 2022
Economy Innovate Alabama board chooses founding CEO Montgomery native Cynthia Crutchfield will be the first CEO of Innovate Alabama. Jacob HolmesNovember 15, 2022
Economy Inflation continues to weigh on small business optimism Thirty percent of owners reported that inflation was their single most important problem. StaffOctober 12, 2022