My state doesn’t have a state income tax. Am I still required to file a tax return for my business?

In some cases, yes. Some states that don’t have an income tax, still require that your business file a tax return. Texas for example, has no state income tax, but still requires businesses to file a Franchise Tax Report. When you register your business with the state, you should be notified of any reporting requirements.

If you have more questions, please contact us at (480) 888-7111 to schedule your free consultation.

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