Assessments Deductible as Business Expenses

Ala. Code § 25-5-257, under Alabama Workmen’s Compensation Self-Insurers Guaranty Association.

Ala. Code § 25-5-257

A member may deduct as a business expense for state income tax purposes any assessment levied under Section 25-5-254 in the year such assessments are paid. (Acts 1989, No. 89-533, p. 1092, §8.)