1-800Accountant, America's leading virtual accounting firm, helps Gilbert small business owners navigate Arizona's tax landscape, providing expert bookkeeping and maximizing deductions to fuel your company's growth.
Business Tax Preparation: Navigate Gilbert's tax landscape with confidence. Our CPAs average 17 years of experience in diverse industries, helping local businesses save thousands annually. We stay current on Arizona tax laws and Gilbert-specific regulations to maximize your deductions while ensuring compliance.
Bookkeeping: Build a solid financial foundation for your Gilbert business with precise, timely bookkeeping. Our services save you time and provide crucial insights for data-driven decisions. We deliver clear, easy-to-understand reports that help you interpret your financial data and enable your accountant to develop accurate financial models tailored to Gilbert's business environment.
Tax Advisory: Get year-round guidance from a dedicated small business tax advisor who understands Gilbert's unique economic landscape. Our affordable tax advisory service helps you plan strategically, minimizing your Arizona tax liability while staying compliant with local and state regulations. We keep you informed about tax implications for Gilbert businesses, from the booming real estate market to the growing tech sector.
Payroll: Simplify your payroll process and free up valuable time to focus on growing your Gilbert business. Our comprehensive payroll services handle everything from employee payments to tax submissions for Gilbert and Arizona authorities. We ensure accuracy and timeliness, helping you avoid costly penalties and maintain positive relationships with your staff.
Business Formation: Start your Gilbert business on the right foot with our complimentary incorporation services. We manage the paperwork while you cover the necessary Arizona fees. Our team guides you through the process of establishing your business structure, optimizing for tax savings, and setting you up to hire employees and open a business bank account. We'll help you navigate Gilbert's business-friendly environment and take advantage of local resources for new entrepreneurs.
Level | Rate |
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State Tax Rate | 5.60% |
County Tax Rate | 0.70% |
Municipal Tax Rate | 2.00% |
Combined Sales Tax Rate | 8.30% |
City-Specific Taxes |
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Gilbert has a Transaction Privilege Tax that all businesses must pay. The general TPT rate is 2.00% as of January 1, 2025, and it applies to various business activities such as retail sales, contracting, restaurants, hotels, and commercial property rentals. |
Licenses and Permits |
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All commercial and home-based businesses in Gilbert must obtain a Standard Business License to operate legally within the city. |
Out-of-town businesses operating temporarily in Gilbert are required to secure a Transient Merchant License. |
Businesses planning to install signage in Gilbert need to acquire the appropriate Sign Permits before proceeding with installation. |
Grants and Funding in Gilbert | Grants and Funding Information |
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Arizona Microbusiness Loan Program | This state program offers loans ranging from $2,000 to $50,000 for businesses with five or fewer employees. It is designed to promote economic development and job creation across Arizona. |
When choosing an accountant or bookkeeper for your Gilbert small business, consider these key factors:
Certifications and State Compliance: Choose an accountant or bookkeeper who holds the appropriate titles and certifications, such as a CPA, and has expertise in Arizona tax regulations. Their familiarity with state-specific rules helps navigate local financial requirements without complications.
Experience and Specialization: Look for a professional with a strong background in businesses like yours. Professionals with experience in industries such as healthcare and life sciences, technology, aerospace and defense, renewable energy, or professional services understand local industry challenges and can offer practical advice for long-term planning.
Understanding of Local Economic Conditions: Pick someone who appreciates Gilbert’s unique economic environment. With a business climate that supports rapid growth and a variety of thriving sectors—from innovative technology and renewable energy initiatives to established healthcare and aerospace companies—a knowledgeable accountant can provide insights that are tailored to your business needs.
Knowledge of State Tax Incentives: An effective financial professional in Arizona will be aware of state tax credits and investment incentives that support local businesses. They can offer guidance on how to take advantage of these benefits, helping you manage your tax obligations more effectively.
*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.