Sat 05 Sep 2015 | By:

Everything You Need to Know about Alabama Business Taxes

Small Business Taxes

When starting a business in Alabama, one of the tasks that you have to take care of is your Alabama business tax.

Business taxes vary from one state to another, from sales and use tax, business and licenses tax, to corporation income tax, there are a number of things to complete.

Getting your Alabama business taxes sorted out will ensure that your business is legally operating and compliant with state and federal laws.


Alabama Business Income Tax

Your Alabama business income tax obligations will depend on the type of business you are operating and the business structure you are operating in. In Alabama, aside from the corporate income tax, businesses are also required to comply with business privilege tax.

Make sure that you follow through with all the requirements by making use of this NOLO guide.

Alabama Tax Incentives

Alabama Tax Incentives are made available for startup entrepreneurs in the state. To qualify for these tax incentives, there are some conditions or criteria that you have to meet. Head on over to the Alabama’s Department of Revenue website to get more details on these incentives.

Alabama Sales and Use Tax

The Alabama Sales and Use Tax is another requirement that you have to comply for the legal operation of your business and to stay compliant. You can get a head start on this tax requirement by going to this specific page on the website of the Alabama Department of Revenue.

Alabama Department of Revenue Tax Resources

As emphasized, getting all your business tax requirements can be quite tedious because of the different types of paperwork that you have to prepare. You can get all the information you need to make sure that you can complete your tax obligations through the help of Alabama’s Department of Revenue tax resource. I highly recommend taking advantage of this resource page!


An Important Tool to Make Your Alabama Business Tax Life Easier

Startup Tools and ResourcesThere are a plethora of resources that make your life stress-free and easier when managing Alabama business taxes. No more need for shoeboxes filled with receipts or writing down every single transaction.

A Small Business Accounting Software

FreshBooks, Xero, and QuickBooks are small business accounting softwares that will simplify the accounting process for you. They help you keep track of your finances, taxes, and expenses – on a budget. Visit each review and start a free trial to see which is right for you.

Note that this article is for information purposes only, it is not a legal advice nor does it need to be taken as such. Your lawyer is still the best professional you can talk with when it comes to the specifics of Alabama business taxes or starting a new business.

About Liesha Petrovich

Liesha is a small business owner of 20 years, host of Startup Savant, the owner of a karate dojo in Maine, and creator of Work Mobly. During free time she's with her family and working on a Doctorate in Entrepreneurship.