How to reinstate or dissolve a Texas-based or out-of-state-based entity? Your entity might look something like this with the Right To Transact Business in Texas 'involuntarily ended' If you discovered that your entity was involuntarily ended by the state while searching your account status or after receiving a letter mail that your entity has been... Nov 12, 2022
Why did I get a franchise tax notice? You may have received a letter from the Texas Comptroller's office stating that your LLC/Corp owes more than $1000 in tax liability. They are only estimating the amount because you failed to file an important annual report, the Franchise Tax Report, which they require. So, wha... Nov 12, 2022
How to submit an electronic webfile request for Tax Clearance with the Texas Comptroller Before an LLC/Corp can end its existence by filing with the Secretary of State, the Texas Comptroller requires registered LLCs/Corps to present evidence that their state taxes have been paid. The law also requires LLCs/Corps that are renewing their registration to provide proo... Nov 12, 2022
What is the Texas Franchise Tax? The Texas franchise tax is a "privilege tax" levied on companies doing business in Texas. Liability protections provided by state law are part of this privilege. The Texas Comptroller of Public Accounts is in charge of the franchise tax collections. All Texas LLCs must file a ... Nov 8, 2022
What is a C-Corporation and How Do You Create One? Knowing why you should form a c-corporation can propel your business to new heights Jul 14, 2021
What Are the Advantages of Forming an LLC? LLCs are good for small businesses because they combine the advantages of sole proprietorship and partnerships with some advantages of corporations Here at Swahili Finance, we offer a wide variety of services catered to business starters when they want to register their busine... Jul 6, 2021
LLC Formation and Maintenance Fees Everything you need to know about LLC Formation and Maintenance Fees Jul 6, 2021
What Happens If You Don’t File Your Franchise Tax Returns? Learn why you need to file you No Tax Due Report and Long Form for Texas LLCs, LPs and Corporations. Jun 24, 2021