Are you looking to start a business in the Lone Star State? Forming an LLC in Texas can be a great choice for entrepreneurs, offering numerous advantages such as limited liability protection, tax ...
Almost no one likes the Texas franchise tax — for good reason. The tax is what is called a margins tax, owing to a 2007 reform that made the tax more complex, less efficient and more unfair. The ...
Unlike many states, Texas does not impose a traditional corporate income tax. Instead, it levies a franchise tax, which is a type of gross receipts tax. This means that businesses are taxed based on ...