The Alabama Department of Revenue (ALDOR) is offering a series of webinars for new and existing business owners called Business Essentials for State Taxpayers (B.E.S.T.) Webinars.
We understand that the state’s tax structure and filing requirements can appear complicated and confusing to business owners. The B.E.S.T. Webinar Series, hosted live by ALDOR representatives, will provide new and existing business taxpayers with brief but comprehensive overviews of Alabama’s various business taxes, covering items such as tax types and definitions, tax obligations, forms required, information on electronic filing, and other requirements. Webinar topics include: Business Personal Property Tax; Business Privilege Licenses; Using My Alabama Taxes; Registering for a Tax Account Number; Business Recordkeeping; and many more.
There is no charge to participate in a B.E.S.T. webinar. Listed below are the webinars currently scheduled and a description of each webinar (note: check this page frequently for an updated schedule). Just click the topic of the webinar you are interested in next to the appropriate date and time, then complete the registration process. All webinars run approximately 45 minutes.
If you have any questions, please feel free to contact us.
|Date||Time||Topic (click to register)||Handouts|
|Oct. 7||10 a.m.||Sales, Use, Lodgings, and Rental Taxes||Handout – Sales, Use, Lodgings, and Rental Taxes|
|Oct. 14||10 a.m.||Business Privilege Tax||Handout – Business Privilege Tax|
|Oct. 19||10 a.m.||Business Personal Property Tax||Handout – Business Personal Property Tax|
|Oct. 19||2 p.m.||Withholding Tax||Handout – Withholding Tax|
|Oct. 21||10 a.m.||Business Income Filing Requirements||Handout – Business Income Filing Requirements|
|Oct. 21||2 p.m.||Business Privilege Licenses||Handout – Business Privilege Licenses|
|Nov. 2||10 a.m.||Resources for Starting a New Business||Handout – Resources for Starting a New Business|
|Nov. 2||2 p.m.||Recordkeeping and Business Expenses||Handout – Recordkeeping and Business Expenses|
|Nov. 4||10 a.m.||Sales, Use, Lodgings, and Rental Taxes||Handout – Sales, Use, Lodgings, and Rental Taxes|
|Nov. 4||2 p.m.||Business Privilege Tax||Handout – Business Privilege Tax|
|Nov. 16||10 a.m.||Business Personal Property Tax||Handout – Business Personal Property Tax|
|Nov. 16||2 p.m.||Withholding Tax||Handout – Withholding Tax|
|Nov. 18||10 a.m.||Business Income Filing Requirements||Handout – Business Income Filing Requirements|
|Nov. 18||2 p.m.||Business Privilege Licenses||Handout – Business Privilege Licenses|
Business Income Filing Requirements – To inform Alabama business taxpayers of the requirements and guidelines for filing business income taxes in Alabama. In this presentation, we will define business entity types; review income filing requirements for each business entity type; discuss estimated taxes; and review penalties and interest due for not filing properly.
Business Personal Property – To inform Alabama taxpayers of the requirements and guidelines for reporting taxable personal property in the state. In this webinar, we will define what taxable personal property is, describe how and when personal property is to be reported, and demonstrate how property tax is calculated.
Business Privilege Licenses – To inform Alabama taxpayers of the requirements and guidelines for obtaining a business privilege license for an Alabama business. In this webinar, we will define a business privilege license, determine who is required to have a business license, review items needed to obtain a business license, learn where to purchase a business license, and how much a business license costs.
Business Privilege Tax – To inform Alabama business taxpayers of the requirements and guidelines for filing Business Privilege Tax (BPT) in Alabama. In this presentation, we will define BPT and who is required to file it; provide helpful information about BPT; discuss BPT filing information by entity type; and review the penalties and interest due for not filing properly.
Recordkeeping and Business Expenses – To inform Alabama taxpayers of the requirements and guidelines for recordkeeping and determining business expenses. In this webinar, we will discuss the purpose of keeping records, what records to keep and for how long, the statute of limitations, types of business expenses, how to document business expenses, and the burden of proof.
Resources for Starting a New Business – To provide resources for information on starting a business in Alabama. In this webinar, we will discuss common types of businesses and business entities, things to consider when starting a new business, and available online resources for new businesses.
Sales, Use, Lodgings, and Rental Taxes – To inform Alabama taxpayers of the requirements and guidelines for various taxes specific to Alabama businesses. In this webinar, we will define Sales, Sellers Use, Simplified Sellers Use, Consumers Use, Lodgings, and Rental taxes and discuss the process for the collection and remission of these taxes.
Withholding Tax – To inform Alabama business taxpayers of who is required to withhold Alabama Income Tax. In this webinar, we will show how to determine whether a person is an employee or an independent contractor; discuss Federal and State Withholding Exemption Taxes and how to report them using the proper forms; review other payroll-related taxes that employers should be aware of; and provide helpful links on ALDOR’s website.