Unlike many states, Texas does not impose a traditional corporate income tax. Instead, it levies a franchise tax, which is a ...

Always forgetting to file your Texas Franchise Tax Reports on time? Starting in 2024, you might find yourself exempt from this task. The Texas legislature passed significant changes to the franchise ...

Texans will have the chance to vote for a series of measures reducing or restricting certain taxes in November.

The calendar year 2024 will bring multiple changes to the Texas franchise tax. Taxpayers responsible for entities operating in Texas should be aware of these rules as they plan for their filing and ...

Texas lies among those eight states with no personal income tax and is also one of the few states with no corporate income tax. Texas has a state sales tax of 6.25%, imposed on all retail sales, ...

The Express-News Editorial Board continues its recommendations regarding 17 proposed amendments to the Texas Constitution for ...