Form with which the stockholders of a corporation waive the necessity of a first meeting of stockholders.
Annual Meeting Corporate Withholding In Texas
State:
Multi-State
Control #:
US-0022-CR
Format:
Word;
Rich Text
Instant download
Description
Form popularity
FAQ
A domestic corporation must file Form 1120, U.S. Corporation Income Tax Return, whether it has taxable income or not, unless it's exempt from filing under section 501. A domestic corporation that is an S corporation must file Form 1120-S, U.S. Income Tax Return for an S corporation.
Can Form 05-102, Public Information Report, be electronically filed separately for a Texas Franchise Tax return in CCH Axcess™ Tax or CCH® ProSystem fx® Tax? For REPORT YEARS 2023 and prior, the Form 05-102 can only be e-filed as part of the Texas Franchise Tax return.
You can file your entity's franchise tax and information reports using: our Webfile system; approved third-party software; or. downloadable paper forms that you may complete, print and mail to the Comptroller's office.
The majority of business entities in Texas (those making less than $2.47 million in revenue) no longer need to file a Franchise Tax Report, but they still file a Public Information Report. These entities include: Corporations. LLCs & Series LLCs.
All Type A and Type B corporations are required to file an annual report with the Texas Comptroller of Public Accounts by April 1 of each year.
You can search these reports through this site. If you get no results from your query, you can order a copy of the Public Information Report from open.records@cpa.texas or by mail at Comptroller of Public Accounts, Open Records Section, PO Box 13528, Austin, Texas 78711. Call (800) 252-1386 for assistance.
One requirement imposed by the state corporation and LLC statutes is for corporations and LLCs to file an annual report in the formation state and every state where they are qualified or registered to do business.
If your entity's annualized total revenue for the 2024 report year is at or below the no tax due threshold of $2,470,000, you are not required to file a report, but you still must file either a Public Information Report or an Ownership Information Report. See Changes to No Tax Due Reporting for 2024.
The Texas Franchise Tax Affiliate Schedule Form 05-166 serves as a critical tool for businesses with affiliate entities operating in Texas. Its primary purpose is to ensure that all required information regarding affiliates is accurately reported to the Texas Comptroller's office.
