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Small Business Guide - Welcome to Alabama A&M University

Small Business Guide - Welcome to Alabama A&M University

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S m a l l B u s i n e s s H a n d b o o k f o r N o r t h A l a b a m aWorker’s Compensation Insurance Requirements:<strong>Alabama</strong> Department of Industrial Relations(334) 242-2868 or 1-800-528-5166State Unemployment Compensation tax:<strong>Alabama</strong> Department of Industrial Relations(334) 242-8830www.dir.alabama.govState and Local Taxes:Please contact one representative of the <strong>Alabama</strong> Department ofRevenue’s Taxpayer Service Center:HUNTSVILLE Service Center Mailing Address:994 Explorer Boulevard HUNTSVILLE Service CenterHuntsville, AL 35807 P O B o x 1 1 4 8 7Phone: (256) 922-1082 Huntsville, AL 35814-1487Further information about state and local taxes:www.revenue.alabama.govIf a privilege license is required contact County and State Licenses –County Courthouse (Probate Judge or License Commissioner) or theCity Licenses (City Hall) <strong>to</strong> purchase it. For City of Huntsville PrivilegeLicense: http://www.hsvcity.com/clerk/priv_lic.phpOccupational taxes: (Contact your City and County Officials )Keep Forms A-4 (state) and W-4 (federal), completed by the employeesin your file. Withhold income tax from your employees according<strong>to</strong> the <strong>Alabama</strong> Withholding Tax Tables and the Federal Circular E usingthe information on the A-4 and W-4. File your <strong>Alabama</strong> Form A-1or A-6 and remit payment for <strong>Alabama</strong> income tax withheld <strong>to</strong> the<strong>Alabama</strong> Department of Revenue. File Federal Forms 941 (Federalincome tax withheld, Social Security and Medicare) and Form 940(Federal unemployment) and remit payments <strong>to</strong> the appropriateagencies. At the end of the year, complete Form A-3 (state) and FormW-3 (federal). These should be filed with the appropriate agencyalong with the proper copies of Forms W-2. Furnish each employeewith a copy of the Form W-2 on or before the last day of January. Ifyou have “contract labor,” please contact the <strong>Alabama</strong> Taxpayer ServiceCenter in your area for verification that it actually is “contractlabor” and/or that withholding is required.29

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