Applicable SMB taxes in TX

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by a searcher from The University of Texas at Austin - Red McCombs School of Business
in Austin, TX, USA

3yrs ago

Applicable SMB taxes in TX

I am considering acquisition of a s-corp in Texas which currently only pays payroll taxes. If I purchase the s-corp with an LLC, what are the other taxes I should consider? Franchise taxes, any other business taxes?

I know Texas has lower business and personal tax requirements than other states. Any help here is appreciated.

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reply by a searcher 3yrs ago
from Harvard University in Midland, TX, USA

Franchise tax, property tax, sales tax