franchise tax

The new due date for 2021 Texas Franchise Tax Reports is now June 15, 2021.

Businesses in Texas get extra time to file Franchise Tax Returns

Businesses in Texas will get some extra time to file their Texas Franchise Tax Reports for report year 2021. This is the report that covers calendar year 2020 and fiscal years that ended within 2020. The Texas Comptroller of Public Accounts has automatically extending the due date to June 15, 2021 to be consistent with […]

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Texas Franchise Tax Update

Texas Franchise Tax Filers Need To Watch For Emailed Reminders

The Texas Comptroller is changing the way annual reminders to file the Texas Franchise Tax will be delivered for 2021. For years, they have mailed an annual reminder to each Texas Franchise Tax filer with information about the current year’s due dates and this reminder includes the webfile number the taxpayer will use to e-file

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What you need to know about the Second Texas Franchise Tax Extension

UPDATE 8/2/2022 – I’ve created an updated post for the Second Franchise Tax Extensions due on August 15, 2022 for the 2021 report year. You can find it here: Do You Need A 2nd Texas Franchise Tax Extension? UPDATE: The Texas Comptroller has added time to file extended Texas Franchise Tax Reports. If you extended

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Is Texas planning to implement Wayfair Economic Nexus for the Texas Franchise Tax?

I was surfing the web this hot Sunday afternoon because it’s just too hot to go outside and I found this gem of an update posted by KMPG in their TWIST podcast published on August 12, 2019. It’s a very short 1:54 podcast so I encourage you to go listen or read the transcript for yourself.

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Texas grants Wolters Kluwer CCH users a penalty waiver for tax returns filed by 5/22/2019

If you’re under the gun to get your Texas Franchise Tax Returns filed on time, the Texas Comptroller has granted a penalty waiver for tax prepares who use the Wolters Kluwer CCH programs. This is all because of the “service interruption” they experienced for most of last week. In order to help spread the word,

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