Small Business Taxes

Resources and nformation about small business and self employment taxes.

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Old 05-24-2008
txsunshine
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Default Texas Franchise Tax
While researching the possibilities of what type of business, sole proprietor or LLC, I came across this information for those of us who are starting out in Texas. I for one, was not aware of this.....more paperwork..lol

http://www.cpa.state.tx.us/taxinfo/franchise/
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Old 05-24-2008
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Default Re: Texas Franchise Tax
Thanks for sharing this information. I don't think Franchise tax has been discussed here before, but everyone should check with their State to see if they will be liable for Franchise Taxes.

Here in Oklahoma only Corporations have to file Franchise taxes.
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Old 05-25-2008
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Default Re: Texas Franchise Tax
Thanks for this info. Being from Texas it is something I really needed to know about. I always worry about taxes and making sure I get everything taken care of.
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Old 05-26-2008
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Default Re: Texas Franchise Tax
Good info to know I am going to check into it.
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Old 05-26-2008
txsunshine
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Default Re: Texas Franchise Tax
Glad I could help. I have gained so much information since joining, it is a pleasure to be able to contribute.
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