Business CPA San Antonio AlternativeThe report that sits beside May

The franchise report, the sales tax rows, and the property rendition are separate errands from the federal return.

Open the May page
Mission Concepcion in San Antonio, stone and an arched front
What May is actually for.

Texas entities file a franchise report, and with it the public information report. Neither report goes out when the federal return is filed. For 2026 the franchise tax falls to zero once revenue is under 2,650,000 dollars. Goods sold at a counter sit on the lower margin rate, three eighths of one percent. Work that is a service sits on three quarters of one percent.

The ordinary due date is May 15, or the next business day when that date falls on a weekend or a holiday. A report can still be due when the tax itself is zero. A shorter computation is available when revenue is under 20 million dollars, at a rate of 0.331 percent. The compensation figure used in the margin math is capped at 480,000 dollars.

The sales tax rows under a city sale.

State sales tax is 6.25 percent. Inside the city the add-on can reach 2 percent, and 8.25 percent is the ceiling for the whole bill. At the city point used for this page, the city piece is 1.125 percent, the transit piece collected for VIA is 0.5 percent, and the Advanced Transportation District piece is 0.375 percent. Added to the state rate, that is the 8.25 ceiling.

Bexar County does not collect a piece of this sales tax. A contract that prints one flat rate has skipped the address where the sale happened. We keep the city piece and the transit piece in separate rows so the return, generally due on the 20th, matches the place. A mixed beverage tax of 8.25 percent is its own tax. It is not this stack renamed.

Property, hotels, and a notice that names a district.

April 15 is the usual day the Bexar Appraisal District wants the equipment rendition. Ask in writing and the rendition date can slide toward mid May. The rendition rule sits in Tax Code 22.23. Tax Code 41.44 gives you May 15, or 30 days from the notice, whichever falls later, to protest a value. Neither date is the federal return.

Chapter 351 puts a 9 percent hotel occupancy tax on a room, separate from the sales tax bill. Bexar County holds nearly all of the census blocks for this place. School districts share the city, among them the central district, Northside, North East, and Harlandale, so a neighbor's notice can name a different district than yours. Read the district on the notice you actually received.

A June weekend and a thick stone wall.

The Texas Folklife Festival moved to June, and the Institute of Texan Cultures is the hall people mean when they say it. Any Texan can picture a hot weekend of music and food that belongs to the whole state. We picture the deposits that weekend leaves behind.

Mission Concepcion has stood since the 1700s, and every Texan can feel the weight of that stone. We look at a building, a truck, or a leasehold improvement the same way. What life is left, and is the April rendition still telling that story. The April rendition is the page that has to keep up with that life.

Which May is yours.

Say whether the worry is the franchise report, a sales tax row, or a property notice.

Steven Palmieri, Tax CFO

You will be talking to the Steven Palmieri practice.

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