In-depth guides on forming, protecting, and running your Texas LLC.
The 2024 rule change that retired Form 05-163 for entities under the $2.47M threshold. What you file instead, who still files a full franchise return, and the penalty for missing the May 15 deadline.
Read the guide →Most Texas LLCs owe zero franchise tax under the $2.47M no-tax-due threshold. The No Tax Due Report was eliminated in 2024 — here is what you actually file, when, and what happens if you miss the May 15 deadline.
Read the guide →Texas has no state income tax and a Series LLC statute (Tex. Bus. Orgs. Code §101.601) that lets real estate investors protect multiple properties under one entity. Cost math, structure guide, and when Texas isn't right for out-of-state investors.
Read the guide →Every Texas LLC must file Form 05-102 by May 15, even with zero revenue. What the PIR requires, how to file on Webfile, penalties if you miss.
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