621 N Brindlee Mountain Pkwy, Arab, AL

Service Areas 256-586-4635

Guntersville, Alabama

Guntersville tax returns, from lake houses to the county courthouse

Our office in Arab is about 15 miles, or roughly 23 minutes, from Guntersville.  Call ahead and we will set a time.

We have one office, in Arab.  We do not have an office in Guntersville.

A county seat on a peninsula

Guntersville, the Marshall County seat, sits on a peninsula in Lake Guntersville.  TVA’s Guntersville Dam began holding water in 1939, and TVA puts the reservoir at about 67,900 acres, stretching 76 miles with close to 890 miles of shoreline.[1,2,3]

The lake shapes a lot of local life: Lake Guntersville State Park covers about 6,000 acres with a lodge on Taylor Mountain, and education, health care and manufacturing are the largest sources of jobs in town.[4,2]

Guntersville Dam on the Tennessee River
Guntersville Dam and Lake Guntersville

Worth knowing

  • 8,553 residents at the 2020 Census.[1]

  • US-431 and AL-69 both run through town; AL-69 continues to Arab.[2]

  • The city issues business licenses on a calendar-year basis.[5]

What Guntersville clients ask

General information, not advice for your return.  Every return is different, so call us about yours.

We rent our lake house some weekends.  What does that do to our taxes?

Rental income has to be reported, and the expenses that go with it (cleaning, repairs, a share of insurance and utilities) may offset part of it.  How many days you rent it and how many days you use it yourself changes the rules.  Keep a simple calendar of both and bring it with your records.

Tax planning

I guide fishing trips on the side.  Is that a business?

If you do it regularly to make money, the IRS generally treats it as a business: the income goes on your return and you may owe self-employment tax, and the costs of the trips can count against it.  Good records make that conversation much easier.

Bookkeeping for small businesses

I retired from the state.  Is my pension taxed in Alabama?

Pensions from the Employees’ Retirement System and the Teachers’ Retirement System are exempt from Alabama income tax, as is Social Security.[6]

Guntersville is a short drive away

Call 256-586-4635 and we will set a time at our Arab office.