About JACOB REYES TAX SERVICES in Texas
Texas runs on no state income tax and a franchise tax almost nobody outside an accountant's office fully understands. That gap is where JACOB REYES TAX SERVICES works — tax accounting in Texas built for a state with 254 counties, four very different big metros, and a small-business formation rate that keeps climbing.
From Houston's energy corridor to the Permian Basin, the Metroplex, Austin's tech belt, and the Hill Country corridor between Austin and San Antonio, entities register with the Texas Secretary of State and then discover the Comptroller expects a franchise tax report whether or not tax is actually owed.
Based in San Antonio, service reaches clients across the state by phone, video, and secure document exchange — the same filing accuracy whether the business sits in Bexar County or the Rio Grande Valley.
Communities we serve
- Houston / Gulf Coast
- Dallas–Fort Worth Metroplex
- San Antonio
- Austin
- El Paso
- Corpus Christi
- McAllen / Rio Grande Valley
- Lubbock
- Amarillo
- Waco
- Killeen
- Texas State Capitol, Austin
- Permian Basin oil fields
- Port of Houston
- Fort Cavazos (Killeen) and Fort Bliss (El Paso)
- Blackland Prairie corridor (Dallas–Austin–San Antonio)
Services in Texas
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Every service, available in Texas
What makes Texas different
No Income Tax Doesn't Mean No Filing
Texas has no personal income tax, but most corporations, LLCs, and partnerships still owe — or must still file — a franchise (margin) tax report. The no-tax-due revenue threshold changes biennially, and missing the filing itself carries consequences even when no tax is due. Getting this right is a core part of doing tax accounting in Texas correctly.
Local Property Tax Carries the Load
With no state income or property tax, Texas leans on local property taxes to fund schools and services — effective rates run high by national standards. For business owners, that shifts tax planning toward margin tax exposure, entity structure, and deduction timing rather than income-tax brackets alone.
Statewide Disaster Exposure
Hurricanes and flooding on the Gulf Coast, Arctic freezes across North Texas and the Panhandle, drought and wildfire in West Texas — a federally declared disaster in any of these regions can open casualty-loss deductions and shift filing deadlines. Tracking which declaration applies to a client's county matters every storm season.
A Statewide Formation Boom
Energy, tech, defense contracting, logistics, and agriculture all drive steady new-entity formation across Texas. Each new LLC or corporation registered with the Secretary of State needs a franchise tax account set up correctly from day one — the most common cleanup work when a business formed itself without an accountant involved.
Serving Texas
Frequently asked questions about Texas
Before you file
Frequently asked questions
In most cases, yes. Falling under the no-tax-due revenue threshold generally still requires a No Tax Due Report or Public/Ownership Information Report with the Comptroller. Skipping the filing — even at zero tax owed — can put the entity's good standing at risk.
Cost depends on entity type, transaction volume, and whether it's an individual return, a franchise tax report, or ongoing bookkeeping and payroll. Every engagement starts with a conversation about the actual scope of the work, then a straightforward quote before anything is billed — no guessing from a generic price list.
Reach out and expect a prompt response to get your documents and deadline on the calendar. Franchise tax reports are generally due May 15 each year, and individual and business tax deadlines follow the federal calendar — the sooner records are in, the more runway there is to file clean and on time.
Yes — service is remote and virtual for clients across the state, from the Metroplex to the Rio Grande Valley, using phone, video, and secure document exchange. San Antonio is home base, not a limit on who's served.
When the IRS or the state issues a disaster declaration covering your county, filing deadlines can shift and casualty losses may become deductible. Bring the details of what was declared and what was affected, and that gets worked into the return correctly.
A new Texas entity typically needs a Comptroller franchise tax account set up right away, plus a plan for sales tax permits, payroll accounts, and bookkeeping if the business will have employees or taxable sales. Getting this set up correctly from formation avoids costly cleanup later.
Often, yes — out-of-state owners frequently misunderstand Texas's no-income-tax, franchise-tax-instead structure and miss the margin tax filing entirely. Multi-year cleanup for entities that never filed a franchise tax report is common and fixable.
Nearby service areas
Ready to get started in Texas?
Get a flat quote in writing before any work begins — individual returns, business filings, bookkeeping and payroll.