Dallas CPA Services

Entity Reporting and Financial Clarity for Dallas Businesses

Check the report year before applying a franchise threshold

For the 2026 Texas franchise tax report, the no-tax-due threshold is $2.65 million in annualized total revenue. Qualifying entities generally still need the appropriate Public Information Report or Ownership Information Report even when no franchise tax report is required. We review the entity's classification and exceptions rather than treating no tax due as no filing obligation. Texas 2026 franchise tax reporting instructions.

Make ownership and intercompany balances traceable

Separate bank accounts are a starting point, but transfers still need explanations. We identify contributions, distributions, reimbursements, loans, and payments made for another entity. A schedule showing both sides of each intercompany balance helps owners understand what is owed and keeps unexplained transfers from distorting operating results.

Evaluate expansion using the whole cash requirement

A new entity or acquisition can create costs before it produces revenue. We model purchase payments, debt service, working capital, shared overhead, and owner tax needs using the proposed transaction documents. Comparing the forecast with current financial statements helps identify how much the existing business can contribute without straining operations.

How we scope the work

We start with the decision or filing you need to complete, the entities and people involved, and the deadline. After reviewing the available records, we identify missing information and propose the services and deliverables. For ongoing work, we establish a close and filing calendar so bookkeeping, tax projections, and owner reporting use consistent information.

For an audit or other assurance request, bring the lender, grant, board, or regulatory requirement. We confirm the engagement type and applicable professional requirements before accepting the work.