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Goldenseal Payroll
Software Info
US Federal Withholding
Info
Free 2012 Payroll
Tax Table Updates
New & Used
Swiss Army Knives
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Alaska has no state income tax, but you'll still need to withhold federal
taxes, and pay the Alaska state unemployment
tax (SUTA) and federal unemployment (FUTA). Alaska
also requires that employers maintain worker's
compensation insurance for their employees,
but that is usually handled as a separate insurance
policy rather than as a payroll
tax item.
HINT-- We provides free updates for Alaska and federal
payroll tax tables in our payroll software. Click
here to download the latest version of the
Alaska tax tables for Goldenseal.
| Alaska
State Withholding Tax |
There is currently no state income tax in Alaska,
so there is also no
state payroll withholding.
You'll still need to
set up for federal withholding--
follow these steps:
- Choose
Employees from the Accounts
menu.
- Locate
the employee record.
- Click
the Payroll Setup button.
- Enter
the employee's marital status
into the Marital
Status field.
- Enter
the number of federal dependents
into the Federal Exemptions
field.
- Enter the Alaska Tax Package
into the Tax
Package field. HINT--
If you don't
see it in the
list, you'll
need to import the
tax info first.
- Click OK.
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| Alaska State Unemployment Tax Instructions |
In 2012 the Alaska unemployment tax applies to the
first $35,800 of each employee's annual wages (up
from $34,600 last year). The 2012
basic rate for new construction businesses is 2.1%
, adjusted for experience after the first year. Some
other types of businesses get a lower starting
rate.
There is also an employee withholding of 1/2%
for unemployment coverage, with a maximum deduction
of $173 per year.
To enter your Alaska SUTA tax rate into
the Goldenseal construction payroll
software,
follow these steps:
- Choose Payroll Setup from the Costs menu, and choose Tax Items from the submenu.
- You'll see a list of Tax Items. Locate your state's SUTA tax
in the list, and double-click on it. HINT:
If you don't see SUTA listed, you'll need to import your
state's payroll info.
- Enter the percent that you pay into the percentage field
to the right of Calculation method.
- If the cutoff amount has changed, enter
it into the dollar field to the right of First Adjustment.
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| Alaska
Tax Contacts |
Alaska Department of Revenue
Pouch SA, PO Box 110420 Juneau AK 99811-0400
907 465-2320
Alaska Department of Labor, Employment Security Division (SUTA)
PO Box 25509
Juneau, AK 99802
800 448-3527, 907 465-2787 or 907 465-2700 |
| Official
State Lawn Ornament |
Sleeping moose.
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