Due to a nationwide injunction that was issued on December 3, 2024, all BOI reporting requirements under the Corporate Transparency Act have been temporarily suspended. Until the Fifth Circuit reaches a decision — with court proceedings taking place until March 25 — you’ll not be legally obliga...
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 (PIR). So you’re just sending the state paper (or filing online); not money. Hope that helps :) For those reading this in the ...
Step 8. Understand Texas state tax requirements Your LLC may be required to pay an annual franchise tax to the Texas Comptroller of Public Accounts. This tax is calculated using a revenue threshold and defined percentages, so you may not be required to pay it if your earnings fall below the...
Step 8. Understand Texas state tax requirements Your LLC may be required to pay an annual franchise tax to the Texas Comptroller of Public Accounts. This tax is calculated using a revenue threshold and defined percentages, so you may not be required to pay it if your earnings fall below the...
Step 8. Understand Texas state tax requirements Your LLC may be required to pay an annual franchise tax to the Texas Comptroller of Public Accounts. This tax is calculated using a revenue threshold and defined percentages, so you may not be required to pay it if your earnings fall below the...
as needed. Businesses outside of Texas will have different steps and requirements. To sell products using the Shopify platform, you must comply with the laws of the jurisdiction of your business and your customers, the Shopify Terms of Service, the Shopify Acceptable Use Policy and any other ap...