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Tag: Form 05-169
Annualized Revenue Test: Avoiding a Surprise Texas Tax Bill
Annualized Revenue Test If your Texas franchise-tax reporting period isn’t a full 12 months—because you formed or acquired the business mid-year, changed your fiscal year, or operate on a short tax period—you must annualize your total revenue to determine: Whether you fall under the $2.47 million no-tax-due threshold, and Whether you qualify for the E-Z […]
E-Z Computation (0.331 %) for SaaS Startups Under $20 M Revenue
E-Z Computation For Texas entities with annualized total revenue of $20 million or less, the E-Z Computation method offers a simplified franchise tax calculation at a flat 0.331 % rate. This option eliminates complex deductions (COGS, compensation, 70% of revenue, or $1 million) in exchange for a straightforward multiplier—ideal for SaaS founders looking to minimize […]