BulldogTom Posted July 29, 2011 Report Posted July 29, 2011 At my day job, we have been offered an opportunity to expand into Texas. Our company was there years ago before I was on staff. Is anyone an expert on Texas Business and Payroll taxes? I am just looking for a place to start. I assume that there will be a business registration of some kind. Since there is no state income tax, there is no withholding, but that does not mean there are not state level PR taxes. Any help is appreciated. I will be surfing the State of Texas websites for the next couple of days. Tom Lodi, CA Quote
ILLMAS Posted July 29, 2011 Report Posted July 29, 2011 I briefly did work for a Texas corporation, as you mentioned they don't have state tax, but they do have state unemployment tax, sales tax and a franchise tax. You heard that saying don't mess with Texas, don't pay your franchise, sales tax and state unemployment tax in a reasonable time, count on your bank account being frozen. The rest of the payroll taxes would be your normal federal taxes. Quote
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