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2. The new year rings in new Texas laws. Here's a look at some ...

   www.aol.com/rings-texas-laws-heres-look...

   The "Texas, Our Texas" license plates issued by the Department of Motor Vehicles will include the song's namesake as well as honor the 100th birthday of the tune with the dates 1924-2024.

3. Corporate tax in the United States - Wikipedia

   en.wikipedia.org/wiki/Corporate_tax_in_the...

   U.S. corporate income tax return form 1120. [80] Corporations subject to U.S. tax must file federal and state income tax returns. [81] Different tax returns are required at the federal and some state levels for different types of corporations or corporations engaged in specialized businesses.

4. Franchise tax - Wikipedia

   en.wikipedia.org/wiki/Franchise_tax

   A franchise tax is a government levy (tax) charged by some US states to certain business organizations such as corporations and partnerships with a nexus in the state. A franchise tax is not based on income. Rather, the typical franchise tax calculation is based on the net worth of capital held by the entity. The franchise tax effectively ...

5. State income tax - Wikipedia

   en.wikipedia.org/wiki/State_income_tax

   Texas – no individual income tax but imposes a franchise tax on corporations. In May 2007, the legislature modified the franchise tax by enacting a modified gross margin tax on certain businesses (sole proprietorships and some partnerships were automatically exempt; corporations with receipts below a certain level were also exempt as were ...

6. How to dissolve an LLC

   www.aol.com/dissolve-llc-153000360.html

   All forms must be submitted within 12 months of the LLC's last tax return. In the final taxes to the state, select the "Final Return" box. Dissolving an LLC in Texas: Key Requirements

7. 2024 Tax Brackets and Income Rates: Find Out Where You ... - AOL

   www.aol.com/2024-tax-brackets-income-rates...

   In 2024, federal income tax rates remain at 10%, 12%, 22%, 24%, 32%, 35%, and 37%. While these rates stay the same for 2025, the income thresholds for each bracket will adjust for inflation.

8. Limited liability company - Wikipedia

   en.wikipedia.org/wiki/Limited_liability_company

   The franchise tax can be an amount based on revenue, an amount based on profits, or an amount based on the number of owners or the amount of capital employed in the state, or some combination of those factors, or simply a flat fee, as in Delaware. Effective in Texas for 2007 the franchise tax is replaced with the Texas Business Margin Tax. This ...

9. Tax Season 2024: 5 Changes That Small Business Owners ... - AOL

   www.aol.com/tax-season-2024-5-changes-150025033.html

   That includes the bipartisan Tax Relief for American Workers and Families Act, which was passed in the House on Jan. 31, 2024, and would be retroactive if signed into law soon, explained Wheelwright.