Alaska · No personal income tax, no state sales tax
CPA, bookkeeping & fractional CFO services in Alaska
Alaska has no personal income tax and no statewide sales tax, though many boroughs and cities charge local sales taxes and C corporations pay Alaska corporate income tax. CPA Torrance is a CPA-led firm based in Torrance, California that provides bookkeeping, tax planning, tax filing and fractional CFO support to Alaska businesses remotely.
- Serving all of Alaska remotely
- Alaska business license and corporate returns tracked for you
- Monthly reporting included
In short
Does Alaska have business taxes?
Alaska has no personal income tax and no statewide sales tax. C corporations pay Alaska corporate income tax, every business needs an Alaska business license, and many boroughs and cities charge their own sales taxes, some of them seasonal. Fisheries and mining businesses may owe industry-specific taxes as well.
- State income tax
- None
- State sales tax
- None (local only)
- Key business tax
- Corporate income tax (C corps)
- How we serve
- Remotely, statewide
Services in Alaska
What we do for Alaska business owners
From Anchorage contractors and Fairbanks service companies to Southeast fishing and tourism businesses, Alaska owners need seasonal cash planning and federal-first tax strategy. We provide monthly bookkeeping, federal and Alaska tax planning, filings and CFO reporting from one coordinated team.
Bookkeeping Services
- Monthly reconciliations in QuickBooks Online
- Borough and city sales tax tracking
- Payroll and contractor payment review
- Monthly profit and loss and balance sheet
- Catch-up and clean-up bookkeeping
Tax Planning & Strategy
- Entity and S corporation review
- Seasonal income and estimated tax planning
- Federal and state estimated payments
- Multi-state income review
- Year-end tax planning meeting
Tax Filing & Compliance
- Federal business returns (1120, 1120S, 1065)
- Alaska corporate income tax and business license renewals
- Owner individual returns
- IRS and state notice help
- Due-date tracking for every filing
Fractional CFO Services
- Cash-flow forecasts
- Budget versus actual reviews
- Margin and pricing analysis
- Lender- and investor-ready reporting
- Growth and hiring plans
Alaska tax planning
Planning around Alaska taxes
Alaska planning focuses on federal tax, local sales taxes, seasonal cash flow and industry-specific taxes.
Book a 15-min callSeasonal cash flow
Fishing and tourism income arrives in a short season. We plan estimated taxes and cash for the off-season.
Local sales taxes
Boroughs and cities set their own rates and rules. We track where you sell.
Federal-first planning
With no personal income tax, entity choice and retirement plans drive most savings.
Who we work with
Alaska industries we serve
We work with owner-led businesses across Alaska, with experience in the industries that drive the state economy.
Fishing and seafood
Commercial fishers and processors with seasonal income.
Tourism
Lodges, guides and tour operators.
Oil, gas and mining services
Contractors and suppliers with equipment-heavy books.
Construction
Contractors working on public and private projects.
E-commerce sellers
Online brands with Alaska sales tax, inventory and multi-channel books.
Professional firms
Consultants, agencies and law firms billing by the hour, project or retainer.
Why Alaska businesses choose CPA Torrance
Areas we cover
Serving businesses across Alaska
Businesses in Anchorage, Fairbanks, Juneau, Wasilla, Sitka work in oil and gas, fishing, tourism, mining and government services. CPA Torrance helps Alaska businesses, including those owned from out of state, stay compliant and organized through remote meetings.
- Anchorage
- Fairbanks
- Juneau
- Wasilla
- Sitka
- Ketchikan
- Kenai
- Kodiak
- Video meetings on your schedule
- Secure document portal for statements and returns
- Cloud accounting you can see any time
FAQ
Alaska business tax and accounting questions
Not covered here? A 15-minute call gets you a straight answer for your situation.
What financial services can CPA Torrance provide to Alaska businesses?
We provide monthly bookkeeping, federal and Alaska tax planning, business tax filing and fractional CFO services. Everything runs from one set of books, so your bookkeeper, CPA and CFO advisor work from the same numbers.
Do Alaska businesses need a state business license?
Yes. Most businesses operating in Alaska need a state business license that is renewed every two years.
Do Alaska S corporations pay state tax?
Generally no. Alaska taxes C corporations, but S corporation and partnership income passes to owners, and Alaska has no personal income tax.
Which Alaska cities charge sales tax?
Many boroughs and cities, such as Juneau and Kenai, charge local sales tax, while Anchorage does not have a general sales tax.
Can CPA Torrance work with Alaska businesses remotely?
Yes. We serve businesses across Alaska, including Anchorage, Fairbanks, Juneau, Wasilla, Sitka, Ketchikan, Kenai and Kodiak, through video meetings, a secure document portal and cloud accounting you can see any time. Our office is in Torrance, California.
How do I get started?
Book a 15-minute call or request a free financial assessment. We review your books, tax position and systems and recommend the right mix of support for your Alaska business.
Get your Alaska books and taxes in order.
Book a call to review bookkeeping and tax planning for your Alaska business.