Filing requirements under the new Franchise tax were expanded to include Limited Liability Corporations and state or federal savings and loan associations. The franchise tax continues to be imposed on stated capital reduced by treasury shares (provided that the treasury shares are canceled and restored...
Business Formation:Our corporate attorneys help clients choose and set up the most appropriate business structure (e.g., LLC, corporation, partnership) based on their specific needs and goals. This includes filing necessary paperwork with the Texas Secretary of State. We will help you determine the...
Texas has specific requirements for business names: Include appropriate designation (Corporation, Incorporated, Company, Limited, or an abbreviation) Make sure your name isn;t similar to existing Texas businesses Avoid restricted words like “bank,”“trust,”“veteran,” and “college” without author...
Regardless of where your LLC is registered, you will be required to pay certain federal taxes. This includes corporation and employer taxes (for LLCs filing as a C corporation), and federal income tax and self-employment taxes (for LLCs taxed as pass-through entities). ...
Learning how to start an LLC in Texas can be overwhelming. There are several requirements, like filing the Certificate of Formation, that you are responsible for. Is it worth it? For many businesses, starting an LLC in Texas is worth the steps. The advantages of structuring as a limited li...
PUA an PEUC claim as of December 27th, will also get paid for weeks they can certify. Those who had exhausted their benefits as of December 27th will have to wait until TWC systems are updated with new legislation requirements to get paid the extended benefits and extr...
Please consult a licensed professional if you have legal or tax questions. Riley McQueen December 29, 2024 Hello Matt, have a question about BOI requirements, if I make an LLC in 2024 or early 2025, when should I complete the BOI filing as required? I’ve heard there are stiff fines ...
Here we offer a crash course on registered agent requirements and services in the State of Texas. Does my Texas LLC need a registered agent? Why are registered agents required? Who can be my Texas registered agent? What are the legal duties of a Texas registered agent? Can I be my own...
And don’t forget, if you hire employees, you’ll also need to pay unemployment tax. Step 4 – Get business licenses When researching whether you need to get business licenses, it’s a good idea to check for state-level requirements (like a general business license). After that, you sho...
Many companies also offer additional services, such as registered agents, legal or tax advice and trademarks, that can make them more of a one-stop shop for your business needs. Texas LLC requirements To start an LLC in Texas, there are several steps and requirements that you must complete....