I see, I keep getting letters in the mail quarterly stating the companies franchise tax report is due. I have a sellers permit in Texas. Does that mean I still have to file this quarterly even if I am not making money. Or do I need to worry about this once the business is profitable? See letter below -
"Congratulations on obtaining a sales tax permit for your business. In addition to being the state’s chief financial
officer and tax collector, 1 am a strong advocate for growth in our economy, and my office plays an important
role in ensuring businesses like yours continue to thrive in the state of Texas. Part of that responsibility is to be
a resource when your business needs assistance.
Customer service is my top priority, and my staff is ready to help you with questions related to your business’
state tax responsibilities. The agency website, www,comptroller.texas.gov, contains a wealth of resources
about the various taxes we administer. There you can find publications, answers to frequently asked questions,
tax rules, electronic reporting options and more. At the bottom of each page, there is a link to "contact us,"
where you’ll find information on how to reach us if you don’t find your answer online.
Your first sales tax return is due on 08/21/2023 . Please consider filing and paying online using our WebFile
system. You’ll need your taxpayer number and WebFile number to get started, and both of these are printed at
the bottom of this letter for your convenience. You can also contact our office at [phone number removed] ."
