Preparing Texas Franchise Tax Returns for Businesses
Learning objectives

After completing this course, the learner should be able to:

  • Understand what a franchise tax is and why Texas has no income tax.
  • Understand how Texas calculates and assesses its franchise tax.
  • Understand how to calculate the Texas apportionment factor.
  • Understand the various franchise tax forms that may be filed for differing tax circumstances.
  • Understand the process for preparing and filling out Texas franchise tax forms.
  • Be comfortable with using Texas state instructions when preparing franchise tax returns.
  • Understand due dates, extension, tax payment, and e-filing requirements.

Instructor bio

Skye Moench holds a masters degree in tax accounting from Brigham Young University and worked for Ernst & Young Tax in Salt Lake City, Utah for five years before leaving to pursue professional triathlon. Skye now provides tax consulting and compliance services independently while traveling the world training and competing at the top level in long-course triathlon.

When is the due date for filing a Texas franchise tax report? 

The annual franchise tax report is due May 15 of each year, though if that date falls on a weekend or holiday, the due date will be the next business day. 

Who is this course for? 

While there are no prerequisites to taking this course on how to prepare Texas franchise taxes, it’s best for people with a basic knowledge of tax preparation. This can include CPAs, non-CPA accountants, and other tax or finance professionals.

National Registry of CPE Sponsors

A Becker Professional Education is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website:

Becker Professional Education Sponsor I.D. Numbers NASBA: 107294, New York: 002087, New Jersey: 20CE00226700, Texas: 009580, Ohio: CPE.186, Illinois 158.002405, Pennsylvania: PX177823

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