BEGIN:VCALENDAR VERSION:2.0 PRODID:-//ChamberMaster//Event Calendar 2.0//EN METHOD:PUBLISH X-PUBLISHED-TTL:P3D REFRESH-INTERVAL:P3D CALSCALE:GREGORIAN BEGIN:VEVENT DTSTART:20231128T150000Z DTEND:20231128T163000Z X-MICROSOFT-CDO-ALLDAYEVENT:FALSE SUMMARY:2023 Get the Facts: Changes to Overtime Tax Law DESCRIPTION:Join us at the Huntsville/Madison County Chamber to learn about the new taxation rules for overtime pay. For the tax year beginning on or after January 1\, 2024\, amounts received by a full-time hourly wage paid employee as compensation for work performed in excess of 40 hours in any given week are excluded from gross income and therefore exempt from Alabama income tax. But\, how should employers keep up with this requirement and what reporting issues does this raise?\n\n\n\nWe will host Rep. Anthony Daniels\, Minority Leader in the Alabama House of Representatives and sponsor of the legislation\, and Ms. Cameran Clark\, Director of Tax Policy and Government Affairs from the Alabama Department of Revenue\, to tell us more about the new law and provide guidance.\n\n\n\nSpeakers:\n\n\n\nAnthony Daniels\n\nMinority Leader\, Alabama House of Representatives\n\n\n\n\n\nCameran Clark\n\nDirector\, Tax Policy & Governmental Affairs Division\n\nAlabama Department of Revenue X-ALT-DESC;FMTTYPE=text/html:Join us at the Huntsville/Madison County Chamber to learn about the new taxation rules for overtime pay. For the tax year beginning on or after January 1\, 2024\, amounts received by a full-time hourly wage paid employee as compensation for work performed in excess of 40 hours in any given week are excluded from gross income and therefore exempt from Alabama income tax. But\, how should employers keep up with this requirement and what reporting issues does this raise?
\n
\nWe will host Rep. Anthony Daniels\, Minority Leader in the Alabama House of Representatives and sponsor of the legislation\, and Ms. Cameran Clark\, Director of Tax Policy and Government Affairs from the Alabama Department of Revenue\, to tell us more about the new law and provide guidance.
\n
\nSpeakers:
\n
\nAnthony Daniels
\nMinority Leader\, Alabama House of Representatives
\n
\n
\nCameran Clark
\nDirector\, Tax Policy &\; Governmental Affairs Division
\nAlabama Department of Revenue
\n \; LOCATION:Chamber Auditorium UID:e.2112.13547 SEQUENCE:3 DTSTAMP:20260513T112251Z URL:https://cm.hsvchamber.org/events/details/2023-get-the-facts-new-alabama-overtime-tax-law-13547 END:VEVENT END:VCALENDAR