Auburn native Kellie Guthrie of the social enterprise Re-Invention has taken her company to a new level with its “Anthropologie meets TOMS Shoes-like” line called G.E.A.R., now sold in Kinnucan’s... Read More

Beginning with the 2012 tax year Alabama farmers will be allowed a state income tax credit on the purchase and installation of qualified irrigation equipment, qualified reservoirs, or the conversion of irrigation equipment from fuel to electricity.  The credit is 20% of the unreimbursed cost not to exceed $10,000.  This credit is an Alabama income tax credit only.  It does not affect Federal income tax or Self-employment tax (SE tax).

To qualify for this credit you must be an Alabama tax payer that is an agricultural business that qualifies under the North American Industry Classification System (NAICS) sector 11 designation, and the activity must conform to existing environmental and water laws of Alabama.  Qualifying property for this credit includes the following:

Qualified Reservoirs - An off stream upland pond or lake whose sole purpose is as a source of water for irrigation.

Qualified Irrigation Equipment

Yoga has always been a part of Peach Dumars’ life. Her mother owns a yoga studio and Dumars has been practicing and teaching yoga for the last 15 years... Read More