Hi Amber, it doesn’t sound like you’ll owe any franchise tax (unless for 2018, your LLC had Total Revenue over $1,230,000). But you still have to file the Franchise Tax Report (the “No Tax Due Report”, which much be filed online) as well as your Public Information Report (PI...
Your franchise tax liability in Texas depends on your business type and revenue. The franchise tax rate, threshold, and deduction limits vary annually. For more information, check out the Texas Comptroller’s website. What documents are required to set up an LLC in Texas? There are several...
Tangible book value per share has grown over 5% since year-end 2020 compared to a decline of nearly 8% amongst the peer set. This outperformance further confirms our commitment to steadily improving the value of the franchise, even during a two-year period where our focus was weighted more h...