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Texas Annual Insurance Tax Report  Form

Texas Annual Insurance Tax Report Form

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Instructions and help about Texas Annual Insurance Tax Report

top of the top y'all it's your boy show tapping in man I just want to do a quick video update because a couple months ago at the end of 2023 I released a video on how you can file franchise taxes for your business in Texas however in 2024 they have updated the guidelines and you no longer have to file a no tax du report instead if you do not reach the tax threshold you only have to file a public information or ownership report all right it is very simp simple doesn't cost you anything it's even quicker than fing franchise taxes I mean extremely simple but I'm still going to walk through it in this video with you guys just so you are updated with the new guidelines for 2024 if you do not reach the tax threshold which for 2024 is 2.4 million last year the tax threshold was only 1.2 million so they actually doubled that for this year and gave business owners a lot more leeway and not having to foul fr taxes so if your business did not gross at least

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