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Accounting and Bookkeeping Services in Anchorage, Alaska
From Anchorage's bustling downtown to its growing tech sector, 1-800Accountant delivers expert bookkeeping and tax services that help Alaska entrepreneurs maximize deductions while staying compliant year-round.
Our Accounting Services for Anchorage Small Businesses
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 Anchorage 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 tax advisor. Strategic planning helps minimize your business tax liability in Alaska 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 city of Anchorage, 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 Alaska with our complimentary incorporation services. Simply cover any Anchorage fees, and we will manage the rest. This puts you on a path to hiring employees and creating a business bank account as you experience the benefits of an optimized business structure and maximum tax savings.
Discussing your business taxes with 1-800Accountant is quick and easy:
- Set up a time for us to give you a call.
- Tell us what’s going on with your business.
- Get matched with an accountant who knows your industry & local regulations.
| Level | Rate |
|---|---|
| State Tax Rate | None |
| County Tax Rate | None |
| Municipal Tax Rate | None |
| Combined Sales Tax Rate | None |
| City-Specific Taxes |
|---|
| Anchorage employers must pay an Unemployment Insurance Tax on each employee’s wages at rates ranging from 0.0% to 5.4% on the first $47,200 per employee per calendar year. Payments are due quarterly by the last day of the month following each quarter. |
| Licenses and Permits |
|---|
Every business in Alaska must obtain a State of Alaska Business License before beginning operations. |
The following businesses require city-specific licensing in Anchorage: |
| Any construction or renovations require appropriate building permits from the city. |
| Grants and Funding in Anchorage | Grants and Funding Information |
|---|---|
| Alaska SBIR/STTR Matching Grant Program | This program provides additional funding—up to $125,000—for Alaska businesses that have already received a federal Small Business Innovation Research (SBIR) or Small Business Technology Transfer (STTR) grant. The matching funds can be used for research, development, market testing, patent filing, and related expenses. The program is administered by the State of Alaska to encourage technological innovation and entrepreneurship within the state. |
| Microenterprise Grant (MEGRANT) | This is a state-funded program supporting small businesses and startups in Alaska. It focuses on businesses with fewer employees and provides direct financial support to help microenterprises develop and grow in Anchorage and throughout Alaska. |
| Alaska Small Business Development Center (AKSBDC) Programs | The AKSBDC offers several funding programs, referral services, and sometimes direct financial support to small businesses in Anchorage. Their offerings include training, mentorship, and access to state/local financial assistance. Business owners should consult the AKSBDC for current local grant cycles and eligibility criteria. |
| Path to Prosperity Business Competition | This state-supported program awards funding to selected businesses in Alaska through a business plan competition format. Anchorage businesses can compete for grants and funding to help launch or expand their operations, with amounts varying annually based on the competition structure. |
What to Look for in Anchorage, Alaska Accounting and Bookkeeping Services
When choosing an accountant or bookkeeper for your Anchorage small business, you should consider the following factors:
Certifications and State Compliance: Ensure the accountant or bookkeeper has the right credentials, such as CPA licensure. They should understand Alaska's unique tax regulations, including the absence of state income tax and the specific requirements for businesses operating in this resource-rich state.
Experience and Specialization: Find professionals familiar with Anchorage's diverse economic landscape. Look for accountants with experience in prominent local sectors like oil and gas, tourism, healthcare, transportation, or government contracting. Their specialized knowledge proves invaluable for navigating industry-specific financial challenges common in Alaska's economy.
Understanding of Local Economic Conditions: Choose a professional who comprehends Anchorage's seasonal business cycles and economic realities. They should grasp how the city's position as Alaska's commercial hub affects your business finances, including the impact of tourism peaks, winter slowdowns, and the unique challenges of operating in a remote location with higher operational costs.
Knowledge of State Tax Incentives: Alaska offers specific tax advantages and incentives for businesses, particularly in the energy sector and for Alaska Native Corporations. A knowledgeable Anchorage accountant can help you navigate these opportunities, including potential credits for film production, minerals exploration, and development in underserved areas of the state.
Talk to a business tax expert today for all your tax needs in Anchorage.
Additional Alaska Accounting Resources:
How to Calculate Quarterly Estimated Taxes in 2024
Virtual Bookkeeping: How To Find the Best Online Bookkeeper
How Much Will A CPA Cost (And Save) Your Small Business?
*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.