Electronic Funds Transfer booklet from the Texas Comptroller (Large .PDF) Note: The new minimum amount is $10,000 for EFT filing.

Governmental Affairs Blog: Texas Businesses Pay Hefty Share of State Taxes

Governmental Affairs Blog: Texans Take Notice Of Margin Tax

Governmental Affairs Blog: Texas Newspapers Assess Speaker Craddick's Post-Election Status

State Comptroller Appoints 4 TSCPA Members to Business Tax Advisory Committee

Will The Speaker Controversy Affect Local Elections?

State Board Meeting Report - Nov. 2007

3 Members Appointed to State Board

State Board Passes Mobility Rules

Speaker Controversy Continues

SEC Wants More Power for GASB

Texas Not the Only State Questioning GASB

Property Tax Appraisal Creep

Legislature Complicates Audit Reporting

Fee Exemption for CPA Employees of Municipal Governments (.PDF)

Members Meet With U.S. Senator

Governor Signs CPA Mobility Bill

Comptroller Guidance: Margin Tax Transition Rules

How Your Tax Dollars Are Spent

Franchise Tax is Technically Corrected
[ Click here for a summary of the bill as finally passed and sent to the governor. (.PDF) ]

Margin Tax Technical Corrections Conference Report Filed
[ Read the committee conference report. (.PDF) ]

CPA Mobility Bill Passes [ Read the bill. ]

Legislature Vote Bypasses GASB No. 45

Senate Passes Revised Margin Tax Corrections

State Board Meeting Report - May 2007

Finnigan vs. Joyce is Still An Issue


Texas Senate Introduces a New Franchise Tax
The Senate Finance Committee voted out a committee substitute for HB 3928, the margin tax technical corrections bill. The bill introduces a new .675% gross receipts tax as the Texas franchise tax and renames the current margin tax as the "Elective Franchise Tax." Taxpayers may elect to pay the margin tax instead of the gross receipts tax. The bill also makes a number of changes to the margin tax, including lowering the percentage necessary for combined reporting form 80% to "more than 50%" and providing a sliding scale tax discounts for small businesses with revenues between $300,000 and $900,000. Click here for a summary of the bill (.PDF). Click here to read HB 3928 (.PDF).

Is State Tax Amnesty a Good Deal?
State Comptroller Susan Combs has announced an amnesty for delinquent state taxpayers but is it the best deal available? Some tax professionals believe an existing program may be a better deal.
Check out this short article. (.PDF)


Ogden Surprises Business on the Margin Tax

Texas House Passes Margin Tax Technical Corrections: [ Summary (.PDF) ] [ Article and links to legislation ] - (May 2, 2007)

TSCPA Supports 2 Bills (March 1, 2007)

Stepping on the Wrong Side of the Government Code: The Unauthorized Practice of Law and CPAs (Feb. 2007)

State Board Rules Change (Feb 1)

Margin Tax Temporary Credit Date Extended

Nov. 9 State Board Meeting News

TSCPA Releases Margin Tax Recommendations (Nov. 2006)