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Tag: Texas Comptroller
Texas Business Tax Deadlines and Penalties Every Owner Should Know
Introduction Every Texas business whether an LLC, corporation, or partnership has specific tax filing deadlines and payment obligations that must be met to maintain good standing with the Texas Comptroller of Public Accounts. Missing a due date can result in costly penalties, interest, or forfeiture of business privileges. This guide outlines all important Texas business […]
Legal Ways to Reduce Your Texas Business Taxes
Reduce Your Texas Business Taxes While Texas is known for its no personal income tax, businesses operating in the state are still subject to several other taxes, including the Texas Franchise Tax, sales tax, and property taxes. Fortunately, the Texas Tax Code offers multiple ways for businesses to legally reduce their tax liability through deductions, […]
Texas Franchise Tax Guide: Who Must File And Pay
Introduction The Texas Franchise Tax is one of the state’s primary business taxes and applies to most entities operating in Texas. Even though Texas has no personal or corporate income tax, most business entities are required to file a franchise tax report each year with the Texas Comptroller of Public Accounts. This guide explains who […]
Texas LLC Taxes Explained: Small Business Essentials
Introduction Forming a Limited Liability Company (LLC) in Texas offers small business owners flexibility, limited liability protection, and potential tax advantages. While Texas does not impose a personal income tax, LLCs are still subject to state franchise tax, sales tax, and federal tax obligations depending on their structure. This guide explains how Texas LLC taxes […]
Starting a Business in Texas: Smart Tax-Saving Strategies for you
Introduction Texas continues to be one of the most business-friendly states in the U.S., attracting entrepreneurs with no state income tax, a strong economy, and low regulatory barriers. Whether you’re launching a startup, forming an LLC, or expanding an existing business, understanding Texas tax laws can help you minimize costs and stay compliant from day […]
Texas Sales Tax: What’s Taxable and What’s Not
Texas Sales Tax Texas relies heavily on sales and use tax to fund schools, infrastructure, and public services, making it one of the state’s primary revenue sources. For 2025, the Texas state sales tax rate remains 6.25%, with local jurisdictions cities, counties, and transit authorities allowed to add up to 2%, creating a maximum combined […]
Are Texas Residents Eligible for Any State Tax Credits
Introduction Texas is one of the few U.S. states that does not impose a personal income tax, meaning residents do not file a state income tax return or claim traditional state-level tax credits. However, Texans can still benefit from federal tax credits, state-specific incentives, and local property or business-related credits that help reduce overall tax […]
Renewable Energy Credits for Texas AI Data Farms
Renewable Energy Credits for Texas Texas AI data farms, powering the surge in artificial intelligence, require massive energy, and renewable sources like solar and wind offer cost-effective, sustainable options amid rising demand. Inexperienced advisors may overlook federal and state incentives, leading to higher operational costs or missed tax savings. Are you claiming renewable energy credits […]
Delaware vs Texas for SaaS HQ: Margin-Tax & Sales-Tax Face-Off
Delaware vs Texas Software-as-a-Service (SaaS) companies choosing a headquarters location must weigh state tax implications, as Delaware and Texas offer distinct advantages and challenges that impact profitability. Inexperienced advisors may overlook how Texas’s franchise tax or Delaware’s lack of sales tax influences a SaaS business’s bottom line, leading to suboptimal decisions. Are you selecting the […]
Reinstating a Voided Texas Corporation: Tax Clearance Steps
Reinstating a Voided Texas Corporation Texas corporations that have been voided for failing to meet state requirements, such as filing franchise tax reports or maintaining a registered agent, face significant hurdles to reinstatement, including tax clearance obligations. Inexperienced advisors may overlook critical steps, leading to delays, penalties, or permanent dissolution. Are you prepared to reinstate […]