Arkansas · Graduated income tax, retail supplier hub
CPA, bookkeeping & fractional CFO services in Arkansas
Arkansas has a graduated personal income tax with a reduced top rate and is home to one of the largest retail supplier communities in the country around Bentonville. CPA Torrance is a CPA-led firm based in Torrance, California that provides bookkeeping, tax planning, tax filing and fractional CFO support to Arkansas businesses remotely.
- Serving all of Arkansas remotely
- Arkansas AR1100CT, AR1050 and franchise tax tracked for you
- Monthly reporting included
In short
What taxes do Arkansas businesses pay?
Arkansas taxes pass-through income at the owner level under its graduated personal income tax and taxes C corporations under the corporate income tax. Corporations and LLCs file an annual franchise tax report. Sales tax is 6.5% at the state level plus city and county rates.
- State income tax
- Graduated
- State sales tax
- 6.5% + local
- Key business tax
- Franchise tax
- How we serve
- Remotely, statewide
Services in Arkansas
What we do for Arkansas business owners
From Bentonville retail suppliers and Fayetteville startups to Little Rock healthcare practices and trucking companies across the state, Arkansas owners need organized books and planning. We provide monthly bookkeeping, federal and Arkansas tax planning, filings and CFO reporting from one coordinated team.
Bookkeeping Services
- Monthly reconciliations in QuickBooks Online
- Arkansas state and local 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
- Arkansas PTE election review
- Federal and state estimated payments
- Multi-state income review
- Year-end tax planning meeting
Tax Filing & Compliance
- Federal business returns (1120, 1120S, 1065)
- Arkansas AR1100CT, AR1050 and franchise tax reports
- 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
Arkansas tax planning
Planning around Arkansas taxes
Arkansas planning combines the graduated rates, franchise tax, the PTE election and federal planning.
Book a 15-min callRetail supplier accounting
Suppliers selling to big-box retailers need deductions, chargebacks and payment terms tracked carefully.
PTE election
Arkansas offers an elective pass-through entity tax. We model whether it saves money.
Franchise tax
We file the annual franchise tax report and keep your entity in good standing.
Who we work with
Arkansas industries we serve
We work with owner-led businesses across Arkansas, with experience in the industries that drive the state economy.
Retail suppliers
Vendors with chargebacks, deductions and inventory.
Trucking and logistics
Fleet and freight businesses.
Food processing
Poultry and food producers.
Healthcare practices
Medical and dental practices.
E-commerce sellers
Online brands with Arkansas sales tax, inventory and multi-channel books.
Professional firms
Consultants, agencies and law firms billing by the hour, project or retainer.
Why Arkansas businesses choose CPA Torrance
Areas we cover
Serving businesses across Arkansas
Businesses in Little Rock, Fayetteville, Bentonville, Fort Smith, Springdale work in retail and consumer goods, logistics, agriculture, food processing and healthcare. CPA Torrance helps Arkansas businesses, including those owned from out of state, stay compliant and organized through remote meetings.
- Little Rock
- Fayetteville
- Bentonville
- Fort Smith
- Springdale
- Rogers
- Jonesboro
- Conway
- North Little Rock
- Hot Springs
- Video meetings on your schedule
- Secure document portal for statements and returns
- Cloud accounting you can see any time
FAQ
Arkansas 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 Arkansas businesses?
We provide monthly bookkeeping, federal and Arkansas 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 Arkansas LLCs pay franchise tax?
Yes. LLCs and corporations file an annual franchise tax report with a minimum amount due.
Can you help with retailer deductions and chargebacks?
Yes. We reconcile deductions and chargebacks to invoices so your margins and receivables are accurate.
Does Arkansas have a pass-through entity tax?
Yes. Arkansas allows an elective pass-through entity tax for partnerships and S corporations.
Can CPA Torrance work with Arkansas businesses remotely?
Yes. We serve businesses across Arkansas, including Little Rock, Fayetteville, Bentonville, Fort Smith, Springdale, Rogers, Jonesboro, Conway, North Little Rock and Hot Springs, 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 Arkansas business.
Get your Arkansas books and taxes in order.
Book a call to review bookkeeping and tax planning for your Arkansas business.