1-800Accountant, America's leading virtual accounting firm for small businesses, offers seamless end-to-end bookkeeping and accounting services handled by experts designed to give you peace of mind and the extra time you need to focus on building your business.
Business Tax Preparation: Have your taxes prepared and filed by a CPA with expertise in your industry so you're always confident in your business tax situation. Our CPAs, with more than 17 years of experience on average, can save you thousands annually when you delegate complex Alabama tax preparation to them!
Bookkeeping: Solidify your financial base and manage cash flow with precise, error-free bookkeeping done for you that saves time and provides crucial insights that empower you to make important data-backed business decisions. This meticulous process delivers essential tools for interpreting data with easy-to-understand reporting, enabling your accountant to develop vital financial modeling.
Tax Advisory: Business tax considerations don't end in April. Through our affordable tax advisory service, you can receive the guidance you need when you need it year-round from a dedicated small business CPA. Strategic planning helps minimize your business tax liability in Alabama throughout the year while ensuring compliance.
Payroll: Save hours each pay period with comprehensive payroll services handled for you, with regular tax submissions to the state of Alabama, ensuring accuracy and freeing you to focus on other vital aspects of your business.
Business Formation: Enjoy the advantages of officially establishing your business in Alabama with our complimentary incorporation services. Simply cover Alabama state fees, and we will manage the rest. This puts you on a path to hiring employees and creating a business bank account as your experience the benefits of an optimized business structure and maximum tax savings.
Alabama Corporate Tax Rates and Brackets
Corporate Tax Rate | Corporate Tax Bracket |
---|---|
6.5% | $0 |
When Do You Have to File Business Tax Returns in Alabama?
Partnerships Due Date - Annual Returns | C-Corp Tax Due Date - Annual Returns | S-Corp Tax Due Date - Annual Returns |
---|---|---|
March 15, or same as federal return | April 15, or same as federal return | March 15, or same as federal return |
LLC Renewal Dates and Fees in Alabama
How Often Do You Have to Renew Your LLC? | LLC Formation Filing Fee | LLC Yearly/Biennial Filing Fee |
---|---|---|
Annually | $200 | $10 |
Single Filers - Alabama Tax Rates and Brackets
Single Filer Rates | Single Filer Brackets |
---|---|
2.00% | $0 |
4.00% | $500 |
5.00% | $3,000 |
Single Filers - Alabama Exemptions and Deductions
Standard Deduction (Single) | Personal Exemption (Single) |
---|---|
$3,000 | $1,500 |
Married Filing Jointly - Alabama Tax Rates and Brackets
Married Filing Jointly Rates | Married Filing Jointly Brackets |
---|---|
2.00% | $0 |
4.00% | $1,000 |
5.00% | $6,000 |
Married Filing Jointly - Alabama Exemptions and Deductions
Standard Deduction (Couple) | Personal Exemption (Couple) |
---|---|
$8,500 | $3,000 |
When choosing an accountant or bookkeeper for your Alabama small business, you should consider the following factors:
Certifications and State Compliance: Ensure the accountant or bookkeeper has the right title and certifications, such as working as a CPA. They should also be fluent in Alabama's specific tax regulations and compliance requirements.
Experience and Specialization: Search for professionals with experience in your specific industry. Specialized knowledge is crucial for managing industry-specific financial matters and for strategic long-term planning.
Understanding of Local Economic Conditions: Opt for a professional who understands the local economic environment in Alabama. This includes familiarity with the state's prominent industries, such as aerospace, agriculture, and manufacturing, as this knowledge can impact financial decision-making and tax planning.
Knowledge of State Tax Incentives: Alabama offers business-friendly tax incentives, including credits for job creation, capital investment, and specific industry advantages. A knowledgeable financial professional can help navigate these incentives and make recommendations to minimize your tax burden.
*Based on a $12.2k average 2022 tax refund per client, which is 4x the cost of a full-service package. Source: first-party data.
*Includes average business tax preparation, form completion and submission, record keeping, and other misc admin time. Source.
*Historical first-party data.