Franchise Tax Preparation

As a business owner, you have numerous responsibilities, from managing daily operations to staying updated with industry changes. Finding time for everything can be challenging, which is why partnering with a trusted expert for your franchise tax preparation is essential. At MaxTax, we bring over 10 years of experience in helping Houston, Texas businesses stay compliant with the latest tax laws. One common compliance issue we encounter is the failure to file franchise tax returns.

What is Franchise Tax?

Franchise tax is a state-imposed tax on each LLC formed in Texas. The tax amount is based on the LLC’s total income for the calendar year. All LLCs must pay this tax annually, regardless of profitability.

Why You Need a Franchise Tax Consultant

At MaxTax, we help business owners navigate the complexities of franchise tax, allowing you to focus on running your business. We understand the intricacies of franchise tax and can help minimize your liability while ensuring compliance with all applicable laws. Additionally, we offer a range of services to help businesses thrive, including bookkeeping, financial statement preparation, and tax planning and preparation.

While many business owners are familiar with federal income taxes, state taxes like the franchise tax can be less well-known, especially for LLCs, which are taxed differently from other business types. This is where we come in.

Partner with MaxTax

Don’t let the complexity of franchise tax deter you from starting your own LLC in Texas. Partner with MaxTax to ensure your franchise tax return is filed accurately and on time. We’ll handle everything so you can concentrate on what’s most important: running your business. Contact us today to learn more about our services or to schedule a consultation. If you are new to MaxTax or starting a new business, call us at 281-796-3058 to schedule a complimentary “Needs Analysis” with our Franchise Tax Expert.