Tax Services — McAllen, TX
Texas Franchise Tax Filing for McAllen Small Businesses
Texas franchise tax catches McAllen business owners off guard every May — not because it's complicated, but because it's easy to forget a tax that isn't based on profit. Every LLC, corporation, and most other legal entities in Texas must file a franchise tax report by May 15th each year, even if the tax owed is $0. Miss the deadline and the Texas Comptroller assesses a $50 late filing penalty plus 5% of the tax due — and if you're more than 30 days late, that penalty doubles. NBC tracks your May 15th deadline, calculates your gross receipts under the EZ Computation or regular calculation method, and coordinates filing so the Comptroller never has a reason to flag your entity.
Sound Familiar?
Signs You Need Professional Help
Surprised every May by the franchise tax deadline — it doesn't appear on a W-2 or quarterly schedule, so it falls off the radar
Not sure which calculation method applies to your business — EZ Computation vs. regular margin tax
Unsure if your entity is below the $2.47M no-tax-due threshold for 2025 or still required to file a Public Information Report
Previously missed a franchise tax deadline and received a Comptroller delinquency notice
How We Help
How National Bookkeeping Company® Solves It
NBC tracks your May 15th franchise tax deadline and flags it 60 days in advance — never a surprise
We calculate your gross receipts and determine whether the no-tax-due threshold applies or which calculation method minimizes your liability
Franchise tax report prepared and filed with the Texas Comptroller — EZ Computation, No Tax Due, or regular margin tax
Public Information Report filed alongside the franchise tax report for LLCs and corporations
What You Get
What's Included in This Service
- Annual franchise tax computation (no-tax-due, EZ Computation, or regular margin as applicable)
- Public Information Report preparation and filing (LLCs and corporations)
- Texas Comptroller Webfile submission by May 15th
- Filing confirmation after submission
- Prior year franchise tax reconciliation if entity is behind on filings
- Coordination with your CPA if franchise tax affects federal return positioning
Why NBC
Why McAllen Businesses Choose NBC
May 15th — tracked as a hard commitment, not a reminder
The Texas franchise tax due date is May 15th for most entities. NBC builds it into your annual compliance calendar and starts preparation in March — not the week of May 15th. If you need an extension, we coordinate that too.
Most McAllen small businesses qualify for no-tax-due or EZ Computation
For 2025, entities with total revenue under $2.47M qualify for no-tax-due status — but they still must file. Entities using EZ Computation pay 0.331% on gross receipts. NBC determines which applies to your situation and calculates it correctly.
Public Information Report — the one McAllen business owners forget
LLCs and corporations must file a Public Information Report (PIR) listing officers, directors, and members — every year, even with no-tax-due status. Failure to file the PIR is a separate Comptroller violation. NBC files both the franchise tax report and PIR together.
Delinquent franchise tax coordination
If your entity has missed previous franchise tax filings, NBC can prepare prior-year reports and coordinate a resolution with the Texas Comptroller to restore good standing before your next May 15th deadline.
Who This Is For
This Service Is Right for You If...
- McAllen LLCs and corporations that have missed a May 15th franchise tax deadline or are unsure if they've been filing correctly
- Business owners in the no-tax-due threshold range who still need to file the required annual report
- New business owners who formed an LLC or corporation in Texas and don't know their franchise tax obligations
- Any McAllen business owner who received a Texas Comptroller delinquency or forfeiture notice related to franchise tax
Trusted Across the Rio Grande Valley
FAQ
Frequently asked questions
Yes. Every LLC, corporation, and most other legal entities chartered in Texas must file a franchise tax report annually by May 15th — even if your revenue is below the no-tax-due threshold. The report is required; the tax may be $0. Failure to file triggers a $50 penalty and can result in entity forfeiture.
For 2025 reports, entities with total gross revenue under approximately $2.47M qualify for no-tax-due status. You still must file the report. NBC verifies your gross receipts and files the correct no-tax-due or EZ Computation report based on your annual revenue.
A $50 late filing penalty plus 5% of the tax due (doubled if more than 30 days late). If you remain delinquent, the Comptroller can forfeit your entity's right to do business in Texas — which affects contracts, bank accounts, and your ability to sue. NBC prevents this through proactive deadline management.
Texas franchise tax coordination is included in SmartBook Premium ($750/mo). It's also available as a standalone annual filing service. We'll recommend the right option based on your overall compliance needs during your consultation.
Still have questions? Talk to our team.
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Never Miss a May 15th Deadline Again
Book a free consultation and let NBC track your Texas franchise tax obligation — filed on time, calculated correctly, every year.
McAllen, TX · Bilingual EN/ES