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Texas: The Importance of a CPA for Small Business Tax Preparation

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Online CPA in Texas

Traditionally, a visit with a CPA required gathering your documents, receipts, statements, spreadsheets and lists, and schlepping them all to an in-person meeting at your CPA's office. Hours later, after you've gone through all of your information with her, she would prepare your tax documents for filing, charge you a hefty fee, then file your taxes. If you were lucky, her services would help you get a tax refund from the IRS that would be greater than the amount you paid for her services. But it doesn't have to be that way. As with so many services in this age of digital tools and online resources, it should come as no surprise that consulting with an expert tax CPA, or Certified Public Accountant, in states like Texas is now possible without ever leaving your home. FlyFin's Ask a CPA tool gives you unlimited access, at no cost, to a team of licensed tax professionals with a combined 100+ years of experience. Just enter your name and email address, and ask a CPA any question, from how to fill out a tax form, to how to find the hundreds of deductions available to you. FlyFin CPAs have deep knowledge of the tax system in Texas, including expertise in taxes for self-employed taxpayers such as nurses, delivery drivers and many more, as well as taxes for business structures such as LLCs, S-Corps, sole proprietorships and partnerships.

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What's included

Everything in Basic +

CPAs file 2022 taxes for the
Self Employed -federal & state

Tax Audit Insurance

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$41/mo

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Facts and figures about
taxes in Texas

57,224

CPAs across the state

texas
population

29,145,505

Residents as of 2022

population

1,964,110

People claiming self- employment tax deductions

population

663,210

S-Corps statewide

population

1,037,640

People taking itemized deductions

population

1,772,000

People claiming the QBI deduction

😵‍💫 1 CPA for every 300 people in Texas = high CPA charges

😓 19 million Americans missed the tax filing deadline last year

😨 30 million people miss tax deductions without expert help

😣 Almost 50% of Americans end up overpaying

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How to set up an LLC in Texas

Texas State Income Tax Rates & Brackets for 2023

The following tables represents Texas's income tax rates and tax brackets:

SINGLE FILER

Brackets

Rates

n.a

none

MARRIED FILING JOINTLY

Brackets

Rates

n.a

none

Filing Status

Standard Deduction Amt.

Single

n.a.

Couple

#VALUE!

Texas State Sales Tax Rates for 2023

County

Tax Rate

Anderson County

8.25%

Andrews County

8.25%

Angelina County

8.25%

Aransas County

8.25%

Archer County

8.25%

Armstrong County

8.25%

Atascosa County

8.25%

Austin County

8.25%

Bailey County

8.25%

Bandera County

8.25%

Bastrop County

8.25%

Baylor County

8.25%

Bee County

8.25%

Bell County

8.25%

Bexar County

8.25%

Blanco County

8.25%

Borden County

6.25%

Bosque County

8.25%

Bowie County

8.25%

Brazoria County

8.25%

Brazos County

8.25%

Brewster County

8.25%

Briscoe County

8.25%

Brooks County

8.25%

Brown County

8.25%

Burleson County

8.25%

Burnet County

8.25%

Caldwell County

8.25%

Calhoun County

8.25%

Callahan County

8.25%

Cameron County

8.25%

Camp County

8.25%

Carson County

8.25%

Cass County

8.25%

Castro County

8.25%

Chambers County

8.25%

Cherokee County

8.25%

Childress County

8.25%

Clay County

8.25%

Cochran County

7.75%

Coke County

8.25%

Coleman County

8.25%

Collin County

8.25%

Collingsworth County

8.25%

Colorado County

8.25%

Comal County

8.25%

Comanche County

8.25%

Concho County

8.25%

Cooke County

8.25%

Coryell County

8.25%

Cottle County

8.25%

Crane County

8.25%

Crockett County

6.75%

Crosby County

8.25%

Culberson County

8%

Dallam County

8.25%

Dallas County

8.25%

Dawson County

8.25%

De Witt County

8.25%

Deaf Smith County

8.25%

Delta County

8.25%

Denton County

8.25%

Dickens County

8.25%

Dimmit County

8.25%

Donley County

8.25%

Duval County

8.25%

Eastland County

8.25%

Ector County

8.25%

Edwards County

7.75%

El Paso County

8.25%

Ellis County

8.25%

Erath County

8.25%

Falls County

8.25%

Fannin County

8.25%

Fayette County

8.25%

Fisher County

8.25%

Floyd County

8%

Foard County

8%

Fort Bend County

8.25%

Franklin County

8.25%

Freestone County

8.25%

Frio County

8.25%

Gaines County

8.25%

Galveston County

8.25%

Garza County

8.25%

Gillespie County

8.25%

Glasscock County

6.75%

Goliad County

8.25%

Gonzales County

8.25%

Gray County

8.25%

Grayson County

8.25%

Gregg County

8.25%

Grimes County

8.25%

Guadalupe County

8.25%

Hale County

8.25%

Hall County

8.25%

Hamilton County

8.25%

Hansford County

8.25%

Hardeman County

8.25%

Hardin County

8.25%

Harris County

8.25%

Harrison County

8.25%

Hartley County

7.25%

Haskell County

8.25%

Hays County

8.25%

Hemphill County

8.25%

Henderson County

8.25%

Hidalgo County

8.25%

Hill County

8.25%

Hockley County

8.25%

Hood County

8.25%

Hopkins County

8.25%

Houston County

8.25%

Howard County

8.25%

Hudspeth County

7.25%

Hunt County

8.25%

Hutchinson County

8.25%

Irion County

7.25%

Jack County

8.25%

Jackson County

8.25%

Jasper County

8.25%

Jeff Davis County

8.25%

Jefferson County

8.25%

Jim Hogg County

8.25%

Jim Wells County

8.25%

Johnson County

8.25%

Jones County

8.25%

Karnes County

8.25%

Kaufman County

8.25%

Kendall County

8.25%

Kenedy County

6.25%

Kent County

7.25%

Kerr County

8.25%

Kimble County

8.25%

King County

6.25%

Kinney County

8.25%

Kleberg County

8.25%

Knox County

8.25%

La Salle County

8.25%

Lamar County

8.25%

Lamb County

8.25%

Lampasas County

8.25%

Lavaca County

8.25%

Lee County

8.25%

Leon County

8.25%

Liberty County

8.25%

Limestone County

8.25%

Lipscomb County

8.25%

Live Oak County

8.25%

Llano County

8.25%

Loving County

6.25%

Lubbock County

8.25%

Lynn County

8.25%

Madison County

8.25%

Marion County

8.25%

Martin County

8%

Mason County

8.25%

Matagorda County

8.25%

Maverick County

8.25%

Mcculloch County

8.25%

Mclennan County

8.25%

Mcmullen County

6.25%

Medina County

8.25%

Menard County

8.25%

Midland County

8.25%

Milam County

8.25%

Mills County

8.25%

Mitchell County

8.25%

Montague County

8.25%

Montgomery County

8.25%

Moore County

8.25%

Morris County

8.25%

Motley County

8.25%

Nacogdoches County

8.25%

Navarro County

8.25%

Newton County

8.25%

Nolan County

8.25%

Nueces County

8.25%

Ochiltree County

8.25%

Oldham County

8.25%

Orange County

8.25%

Palo Pinto County

8.25%

Panola County

8.25%

Parker County

8.25%

Parmer County

8.25%

Pecos County

8.25%

Polk County

8.25%

Potter County

8.25%

Presidio County

8.25%

Rains County

8.25%

Randall County

8.25%

Reagan County

8.25%

Real County

8.25%

Red River County

8.25%

Reeves County

8.25%

Refugio County

8.25%

Roberts County

8.25%

Robertson County

8.25%

Rockwall County

8.25%

Runnels County

8.25%

Rusk County

8.25%

Sabine County

8.25%

San Augustine County

8.25%

San Jacinto County

8.25%

San Patricio County

8.25%

San Saba County

8.25%

Schleicher County

8.25%

Scurry County

8.25%

Shackelford County

8.25%

Shelby County

8.25%

Sherman County

7.75%

Smith County

8.25%

Somervell County

8.25%

Starr County

8.25%

Stephens County

8.25%

Sterling County

8.25%

Stonewall County

8.25%

Sutton County

8.25%

Swisher County

8.25%

Tarrant County

8.25%

Taylor County

8.25%

Terrell County

7.75%

Terry County

8.25%

Throckmorton County

8.25%

Titus County

8.25%

Tom Green County

8.25%

Travis County

8.25%

Trinity County

8.25%

Tyler County

8.25%

Upshur County

8.25%

Upton County

7.75%

Uvalde County

8.25%

Val Verde County

8.25%

Van Zandt County

8.25%

Victoria County

8.25%

Walker County

8.25%

Waller County

8.25%

Ward County

8.25%

Washington County

8.25%

Webb County

8.25%

Wharton County

8.25%

Wheeler County

8%

Wichita County

8.25%

Wilbarger County

8.25%

Willacy County

8.25%

Williamson County

8.25%

Wilson County

8.25%

Winkler County

8.25%

Wise County

8.25%

Wood County

8.25%

Yoakum County

7.75%

Young County

8.25%

Zapata County

8.25%

Zavala County

8.25%

Texas State IRS Statistics of Income for 2020

Size of adjusted gross income

Item
(All amounts are in 1000s of dollars)

Number of returns

Number of single returns

Number of joint returns

Number of head of household returns

Number of individuals

Adjusted gross income (AGI)

Total income: Number

Amount

Salaries and wages in AGI: Number

Amount

Business or profession net income (less loss): Number

Amount

Partnership/S-corp net income (less loss): Number

Amount

Self-employed health insurance deduction: Number

Amount

Student loan interest deduction: Number

Amount

Charitable contributions if took standard deduction: Number

Amount

Total itemized deductions: Number

Amount

State and local income taxes: Number

Amount

State and local general sales taxes: Number

Amount

Qualified business income deduction: Number

Amount

Child and dependent care credit: Number

Amount

Child and other dependent tax credit: Number

Amount

Self-employment tax: Number

Amount

Earned income credit: Number

Amount

Refundable education credit: Number

Amount

Recovery rebate credit: Number

Amount

Total tax liability: Number

Amount

Total additional Medicare tax: Number

Amount

Net investment income tax: Number

Amount

Tax due at time of filing: Number

Amount

Total overpayments: Number

Amount

All returns

13,788,840

6,740,800

4,728,890

2,065,870

26,770,870

1,000,302,369

13,447,280

1,010,639,147

11,130,450

698,769,064

2,907,840

28,559,575

663,210

51,393,902

239,390

1,843,237

733,240

537,155

2,994,110

776,422

1,037,640

43,915,333

70,710

1,563,754

828,060

2,001,888

1,772,000

12,975,870

459,230

268,012

3,714,630

7,743,780

1,964,110

6,114,445

2,694,970

6,939,452

665,260

568,405

2,789,570

4,276,914

9,717,920

143,449,242

410,310

825,379

427,640

2,803,289

2,428,830

17,463,852

10,940,440

47,233,382

Under $1

508,140

382,880

90,450

21,990

679,910

0

166,800

0

54,230

2,633,090

91,620

0

40,520

0

8,760

58,548

7,030

6,808

61,480

15,756

0

0

0

0

0

0

10

459

0

0

390

431

21,370

66,839

27,080

45,874

13,250

11,971

286,780

454,628

28,170

98,854

2,170

3,954

0

0

12,400

33,764

368,040

1,395,244

$1 under $10,000

1,725,830

1,400,610

155,290

147,420

1,932,540

8,487,876

1,725,600

8,795,975

1,156,730

6,538,070

396,090

958,101

17,340

0

12,670

38,769

17,260

12,507

181,630

41,604

12,260

279,547

510

1,857

8,820

7,900

3,690

923

50

19

1,230

510

304,680

213,871

571,600

728,001

78,400

65,751

503,850

807,518

350,940

230,013

100

121

0

0

165,860

82,250

1,357,710

2,233,358

$10,000 under $25,000

2,814,530

1,748,850

376,020

647,710

4,754,040

48,829,879

2,814,530

49,742,162

2,180,160

35,642,088

733,970

4,445,693

32,810

0

23,820

74,332

56,050

38,373

375,310

91,661

34,160

823,959

1,360

3,429

25,840

33,997

203,570

136,119

21,930

7,028

355,540

128,902

552,380

973,933

1,126,790

3,851,850

168,440

140,644

651,170

1,056,431

1,644,100

1,688,468

280

393

20

232

241,820

292,916

2,511,770

8,269,394

$25,000 under $50,000

3,335,590

1,715,570

765,470

774,930

6,375,090

120,843,943

3,335,590

122,152,585

2,936,700

98,442,969

598,810

3,343,932

57,440

71,407

31,960

136,715

187,190

127,564

624,280

157,038

113,450

2,947,591

4,840

13,234

84,810

156,988

370,470

604,174

111,330

67,374

1,183,460

1,500,692

356,320

956,066

931,060

2,292,040

166,420

139,204

505,670

758,045

2,509,870

5,850,643

570

883

40

5

416,080

685,016

2,904,640

9,537,973

$50,000 under $75,000

1,837,270

799,600

713,140

275,590

3,786,230

112,402,323

1,837,270

113,469,654

1,628,420

91,058,368

313,270

2,406,271

58,610

357,389

25,740

141,152

185,750

139,999

476,850

124,367

146,140

3,981,336

6,980

23,172

110,970

217,525

244,380

626,057

68,710

39,744

663,180

1,608,602

189,130

601,636

38,440

21,687

81,770

71,506

285,820

405,008

1,660,250

7,913,427

600

792

30

8

349,170

793,912

1,483,800

4,729,999

$75,000 under $100,000

1,079,930

321,380

637,340

100,890

2,517,650

93,539,679

1,079,930

94,347,076

948,180

73,022,069

203,960

2,047,052

56,170

555,766

21,740

138,365

101,950

70,482

342,630

91,705

123,710

3,565,898

7,060

27,476

96,780

196,467

188,170

590,082

56,870

33,970

426,900

1,244,541

129,220

466,962

0

0

52,900

45,417

201,580

243,386

1,047,950

8,051,061

840

865

60

23

258,540

768,856

819,110

3,100,817

$100,000 under $200,000

1,729,590

292,040

1,336,710

79,860

4,560,120

236,613,059

1,729,590

238,756,270

1,549,440

184,209,761

370,100

5,857,346

162,370

3,292,961

50,840

408,874

178,010

141,422

670,460

182,343

294,950

9,634,708

19,430

119,380

239,580

555,292

414,320

1,927,406

137,390

83,319

791,780

2,384,120

243,210

1,138,226

0

0

104,080

93,912

346,770

548,125

1,719,250

27,436,877

19,570

6,257

5,390

2,050

589,670

2,725,088

1,136,180

5,566,944

$200,000 under $500,000

611,580

64,090

528,550

14,480

1,744,990

175,450,328

611,580

177,311,681

552,640

126,169,581

155,070

6,587,815

151,010

9,874,630

39,860

466,644

0

0

225,530

62,013

223,180

9,091,902

16,950

216,257

188,450

565,077

257,920

2,562,470

55,070

31,666

291,220

874,730

121,070

916,172

0

0

0

0

7,930

3,773

611,050

30,633,328

283,470

216,539

293,210

316,859

317,210

4,005,607

291,820

3,298,091

$500,000 under $1,000,000

96,990

9,940

84,140

2,020

282,180

65,345,022

96,990

66,221,015

83,670

37,093,363

28,960

2,677,535

50,420

10,385,206

13,940

212,136

0

0

26,400

7,314

55,430

3,428,144

6,410

182,554

46,540

154,055

55,050

1,146,709

6,260

3,781

930

1,252

28,580

353,959

0

0

0

0

0

0

96,960

15,874,814

69,430

219,394

83,590

398,098

55,270

2,665,605

41,070

1,779,261

$1,000,000 or more

49,420

5,850

41,780

980

138,110

168,659,926

49,420

169,475,675

40,290

43,959,705

16,000

2,843,114

36,520

38,467,795

10,050

167,702

0

0

9,530

2,621

34,370

10,162,248

7,180

976,395

26,280

114,587

34,420

5,381,471

1,630

1,111

0

0

18,150

426,781

0

0

0

0

0

0

49,400

45,671,757

33,280

376,181

45,300

2,086,014

22,820

5,410,838

26,310

7,322,301

Frequently Asked Questions

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