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Tag: SOS Filing
Military Exemption for Texas Franchise Tax: Do You Qualify?
Introduction Texas offers a powerful incentive for veteran entrepreneurs: a 5-year franchise tax exemption for qualifying new veteran-owned businesses. In 2025, this exemption empowers eligible startups to invest more in growth, not taxes. Tex. Tax Code & Rules Texas Tax Code §171.0005 – Defines new veteran-owned businesses Comptroller Rule 3.574 – Franchise tax relief details […]
Secretary of State Forfeiture: Reviving a Texas LLC After Tax Default
Secretary of State Forfeiture If your Texas LLC has been forfeited by the Secretary of State due to unpaid franchise taxes or missing annual reports, you can restore its good standing—and your liability protections—by following a straightforward reinstatement process. Relevant Tax & State Code References Texas Tax Code §171.255 (Forfeiture of Charter or Authority for […]