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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. Texas Comptroller of Public Accounts - Wikipedia

    en.wikipedia.org/wiki/Texas_Comptroller_of...

    The Texas Comptroller of Public Accounts is an executive branch position created by the Texas Constitution.The comptroller is popularly elected every four years, and is primarily tasked with collecting all state tax revenue and estimating the amount of revenue that the Texas Legislature can spend each biennium.

  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 ...

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  7. Value of Franchise Rights Under BIG Tax: 'H R B ... - AOL

    www.aol.com/news/value-franchise-rights-under...

    In their Taxation column, Elliot Pisem and David E. Kahen discuss a recent order of the Tax Court addressing a motion for partial summary judgment in 'H R B-Delaware v. Commissioner'. The analysis ...

  8. Economy of Texas - Wikipedia

    en.wikipedia.org/wiki/Economy_of_Texas

    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.

  9. 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 ...

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