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2. Franchise tax - Wikipedia

   en.wikipedia.org/wiki/Franchise_tax

   Franchise tax. 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 or capital held by the entity.

3. The new year rings in new Texas laws. Here's a look at some ...

   www.aol.com/rings-texas-laws-heres-look...

   Texas franchise tax exemption doubles. As part of an omnibus property tax relief package the Legislature approved during its second special session over the summer, SB 3 will afford nearly 70,000 ...

4. State income tax - Wikipedia

   en.wikipedia.org/wiki/State_income_tax

   Texas – no individual income tax but imposes a franchise tax on corporations. In May 2007, the legislature modified the franchise tax by enacting a modified gross margin tax on certain businesses (sole proprietorships and some partnerships were automatically exempt; corporations with receipts below a certain level were also exempt as were ...

5. Corporate tax in the United States - Wikipedia

   en.wikipedia.org/wiki/Corporate_tax_in_the...

   Since January 1, 2018, the nominal federal corporate tax rate in the United States of America is a flat 21% following the passage of the Tax Cuts and Jobs Act of 2017. State and local taxes and rules vary by jurisdiction, though many are based on federal concepts and definitions. Taxable income may differ from book income both as to timing of ...

6. Texas lawmakers reach property tax cut deal. What it could ...

   www.aol.com/texas-lawmakers-reach-property-tax...

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7. How to file your taxes for free in Texas, and other tax ... - AOL

   www.aol.com/file-taxes-free-texas-other...

   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 ...