Tax and accounting guides
Each guide starts with a short answer and links every rule and date to the IRS, the Texas Comptroller or the appraisal district. General information, not advice for your situation.
The big topics
- Texas business taxes, explained for small business ownersTexas has no state income tax, but a business can still owe several others. The main ones are the franchise tax, sales and use tax, property tax on business assets, and payroll taxes. Each has its own agency, form and due date. This guide lists them and links the official pages.
- The small business tax and bookkeeping year, month by monthA small business tax year has fixed dates for returns, estimated tax, payroll reports and Texas franchise and sales tax. This calendar lists them by month, using the IRS 2026 calendars and Comptroller pages, and pairs each one with a bookkeeping task. When a date falls on a weekend, it moves to the next business day.
- Taxes for Texas individuals and familiesTexas has no state income tax, so most Texas families file only a federal income tax return. They still deal with property tax, sales tax and life events that change the federal return. This guide covers the return, the dates, the deduction choice, homestead exemptions and the records to keep.
Guides and checklists
- Texas franchise tax: who files, when, and what no tax due means
- S corporation, LLC or sole proprietor: how the choices differ in Texas
- Got an IRS notice? How to read it and what to do first
- IRS payment plans and offers in compromise: what each one is
- How to protest your property tax value in Tarrant and Denton counties
- Small business bookkeeping setup and a monthly routine
- Starting a business in Texas: entity, EIN, franchise tax and sales tax
- How long to keep tax records, and which ones
- How to check that your CPA is licensed in Texas
Talk to Wallace CPA
Call the Southlake office and say what you need: a return, an IRS letter, your books or a new business. Have the notice or last year's return nearby if you have one.