Alaska has no state income tax and no state sales tax — so tax time here really comes down to two things: an accurate federal return, and reporting your Permanent Fund Dividend correctly. Compass Tax Center handles both — personally, year-round, and 100% virtually, from Ketchikan to Utqiaġvik.
Alaska is one of the only states with neither an income tax nor a statewide sales tax. That keeps things simple — but your Permanent Fund Dividend is taxable on your federal return, and that's exactly the kind of detail we make sure is done right.
No state return to file means your energy goes where it counts — a federal return that's right the first time, PFD included. Whatever your year looked like, we handle it, and we're here after April, too.
The 2025 Permanent Fund Dividend is $1,000 per eligible Alaskan, paid in October. It's not taxed by the state — but it is taxable on your federal return, for every family member who receives it.
It's a small line with a few traps. A child's PFD can pull them into filing, or add to yours under the “kiddie tax” rules — and we make sure every dividend in the household lands in the right place.
Alaska keeps state taxes unusually light — but a few things still matter, especially locally and at the federal level. If any of these are you, they're firmly in our wheelhouse.
You don't need a tax office down the road — you need the right person handling your return. Everything we do is secure and fully virtual, so working with us is exactly as easy from Utqiaġvik as it is from Anchorage. And since we serve all 50 states, if life moves you out of Alaska, your tax help doesn't have to change.
Start now or book a free consultation. We're here year-round — for tax season and everything after it.