Are accounting services required after Texas corporation formation?

Although the Texas Secretary of State does not require companies (both LLC and corporation) to file any annual report, the government does ask for a public information report, a No Tax Due report and a franchise tax statement. In addition, many businesses also require a periodic audit of their finances. This might be a requirement from the investors or was written into the bylaws of incorporation. One IBC^® also strongly recommends using accounting services in Texas to gain many benefits.

By outsourcing the financial tasks to accounting services in Texas, business owner(s) can save time and money, avoid any risk with the IRS, keep track of the financial health of the company and always be ready when the tax season comes.