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Texas Corporation Taxes and Fees

Income Tax Rate

Texas does not collect income tax. For information on the other Texas state taxes, including sales tax, visit: https://comptroller.texas.gov/taxes/franchise/

Federal Tax Identification Numbers

Every corporation must obtain a federal tax identification number, which is similar to an individual’s social security number. United Agent Services can prepare your Federal Tax ID Application if you have not already done so.

S Corporations

In addition, United Agent Services can prepare your S-Corporation election. An S-corporation is a corporation that elects to be treated as a pass-through entity (such as a sole proprietorship or partnership) for tax purposes. A subchapter-S election thus has federal, but no state, implications for Texas corporations.

Texas Filing Fees

In addition to preparation of your incorporation documents, United Agent Services will also file them with the appropriate state agency, such as the Texas Secretary of State.

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