Ideas & Insights

The Texas Comptroller of Public Accounts has finalized revised rules making significant changes to franchise tax apportionment.

Taxpayers that properly secured a first extension may file a request for a second extension on or before Aug. 17, 2020.

Three recent cost of goods sold cases represent the highly nuanced nature of the Texas franchise tax calculation.

The Texas Comptroller adopted a $500,000 economic nexus threshold for the state's franchise tax effective in 2020.

Texas amends nexus rules providing for a $500,000 sales threshold for remote sales tax collection, effective Oct., 2019.

The Tax Section of the State Bar of Texas addresses fiduciary income tax concerns in a comment letter on the proposed 199A regulations.

Tax amnesty to run through June 29, 2018, provide relief from interest and penalties for certain liabilities occurring before Jan. 1, 2018.

Webcast series addresses key challenges and opportunities found in designing, implementing and maintaining company retirement plans.

In response to the devastation from Hurricane Harvey, the IRS, Texas and other states have provided guidance on extended filing deadlines. Texas ...

IRS extends relief to additional taxpayers affected by Hurricane Harvey by adding to the list of eligible Texas counties.

The amount of vacation, sick or personal leave that employees forgo for their employers to make a charitable contribution is not taxable.

The IRS, Department of Labor and PBGC combine to offer regulatory relief for employee plans affected by Hurricane Harvey.

Taxpayers in designated Texas counties have until Jan. 31, 2018 to file certain tax returns and make certain tax payments.

Taxpayers in declared disaster areas are eligible for postponement of state tax payments under certain conditions.

Although not appropriate for every construction company, an ESOP carries several inherent advantages and is growing in popularity.

Comptroller policy letter ruling addresses credit loss under late-filed reports and claiming a credit when a member leaves a combined group.

Newly announced proposal draws heavily on President Trump’s campaign proposals; many critical details are not addressed.

A recent court case emphasizes that the burden of proof is on the taxpayer when it comes to claiming deductions. On May 17, 2016, the Texas ...

Texas comptroller proposes retroactive rule amendments to narrow the application of the reduced retailer/wholesaler franchise tax rate.

Texas Comptroller rules that cloud-based transaction facilitation services are not sourced to the state for franchise tax purposes.