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Tag: PIR report
Non-Profit Status vs No-Tax-Due: Founder Misconceptions
Introduction Founders often confuse non-profit status with the “no-tax-due” threshold in Texas Franchise Tax. In 2025, assuming your startup pays no tax simply because you’re small—or registered as a non-profit—can lead to costly compliance mistakes. Let’s separate fact from fiction. Key Texas Legal References Texas Tax Code §171.0002(d) – No-tax-due threshold rules Texas Tax Code […]
Public Benefit Corporation in Texas: Same Franchise-Tax?
Introduction Starting a Public Benefit Corporation (PBC) in Texas? You may be surprised to learn that tax-wise, it’s treated just like any for-profit corporation. In this blog, we explore the 2025 franchise tax implications for Texas PBCs and correct the misconception that socially driven businesses pay less. Texas Legal References Texas Business Organizations Code §21.951 […]