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The predecessor to the current comptroller's office started in 1846. The longest-serving Comptrollers in Texas history were Robert S. Calvert, who held the post for 26 consecutive years for an unprecedented twelve terms; George H. Sheppard, who served for 18 years over nine two-year terms; and Bob Bullock, who served for 16 years for four four-year terms and later was notable as one of the ...
A franchise tax is a government levy (tax) charged by some US states to certain business organizations such as corporations and partnerships with a nexus in the state. A franchise tax is not based on income. Rather, the typical franchise tax calculation is based on the net worth of capital held by the entity.
Government. v. t. e. Elections took place on November 8, 2022, to select the next Texas Comptroller of Public Accounts. Incumbent Republican Party Comptroller Glenn Hegar was elected to a third term over Democratic opponent Janet Dudding, with 56.4% of the vote. [1]
The IRS offers two free options for individuals to file their taxes. One is Guided Tax Preparation filing which is free to taxpayers who made $73,000 or less in 2022. The Guided Tax Preparation ...
Background. Texans for Fiscal Accountability is a political action committee set up before the 2012 primary. Beginning in 2012 the group engaged in campaign activities according to subscription news website Capitol Insider. [2]
Texas Gov. Greg Abbott (R) on Thursday signed an executive order requiring hospitals to record the immigration status of patients starting later this year, in a bid to assess costs that the state ...
For the 10 years of the tax benefit period, reduced local school district revenues are substantially replaced with state funds through the state public school finance system. [4] The Texas Tax Code gives the Texas Comptroller's office responsibility and authority to adopt rules necessary for the implementation and administration of the program. [5]
Texas is one of the seven states of the United States with no personal state income tax. In addition, Texas does not allow any lower level of government (counties, cities, etc.) to impose an income tax. This means that, for the residents of Texas, the maximum rate of income taxation is the top rate set by the federal government.