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Accounting and Bookkeeping Services in Arlington, Texas
Simplify your tax preparation and bookkeeping with 1-800Accountant's virtual services tailored for Arlington businesses, giving you more time to grow your company in the heart of Texas.
Our Accounting Services for Arlington Small Businesses
Business Tax Preparation: Navigate Arlington's business landscape with confidence using our expert tax preparation services. Our CPAs, averaging 17 years of experience, specialize in local industries and regulations. Their in-depth knowledge often results in thousands of dollars in annual savings for Arlington businesses.
Bookkeeping: Build a strong financial foundation with precise, error-free bookkeeping that saves time and provides crucial insights. Our meticulous process delivers easy-to-understand reports that empower you to make data-driven decisions. This detailed financial tracking enables your accountant to develop accurate financial models tailored to Arlington's business environment.
Tax Advisory: Get year-round guidance from a dedicated small business tax advisor who understands Texas tax laws. Our affordable advisory service helps you plan strategically, minimizing your tax liability while ensuring compliance with Arlington and state regulations. Stay ahead of tax considerations unique to Texas businesses, from franchise tax to local property assessments.
Payroll: Simplify your pay periods with comprehensive payroll services that handle everything from calculations to tax submissions. We ensure accuracy in dealing with Arlington-specific requirements, freeing you to focus on growing your business in the bustling Dallas-Fort Worth metroplex.
Business Formation: Start your Arlington business on the right foot with our complimentary incorporation services. We manage the paperwork while you cover any required Texas fees. This sets you up to hire employees, open a business bank account, and enjoy the benefits of an optimized structure for maximum tax savings in the Lone Star State.
Discussing your business taxes with 1-800Accountant is quick and easy:
- Set up a time for us to give you a call.
- Tell us what’s going on with your business.
- Get matched with an accountant who knows your industry & local regulations.
Level | Rate |
|---|---|
State Tax Rate | 6.25% |
County Tax Rate | 0.00% |
Municipal Tax Rate | 2.00% |
Combined Sales Tax Rate | 8.25% |
City-Specific Taxes |
|---|
| Texas has a Franchise Tax that businesses must consider. The rates vary from 0.331% to 0.75%, depending on the type of business and its revenue. Businesses with annual revenue below $2,470,000 are not required to file a franchise tax report for 2024, although they must submit an information report. Franchise tax reports and payments are due annually by May 15. |
Licenses and Permits |
|---|
| Arlington businesses must obtain a Business Registration Permit to legally operate within the city. |
A Certificate of Occupancy Application is required for businesses to ensure compliance with zoning and safety regulations. |
Businesses must secure a Fire Permit to meet fire safety standards and regulations in Arlington. |
Grants and Funding in Arlington | Grants and Funding Information |
|---|---|
| Texas Enterprise Fund | This state-level "deal-closing" program offers financial incentives to companies considering a new project in Texas. It is designed for projects that provide significant job creation and capital investment. |
| Strategic Solutions Fund | A grant program by the Arlington Economic Development Corporation in partnership with the Texas Manufacturing Assistance Center. It offers Arlington-based companies grants up to $10,000 (or $5,000 for very small firms) to implement productivity and growth solutions addressing operational challenges. |
What to Look for in Arlington, Texas Accounting and Bookkeeping Services
When choosing an accountant or bookkeeper for your Arlington small business, consider these key factors:
Certifications and State Compliance: When choosing an accounting professional, verify that they hold the correct titles and certifications. For instance, a CPA who is well-versed in Texas tax requirements can help your business manage its financial obligations correctly. Local expertise is essential, especially given Arlington’s thriving industries such as manufacturing, technology, and tourism.
Experience and Specialization: Seek an accountant or bookkeeper with a strong track record in your industry. Arlington’s diverse economic landscape—from the $23 million technology investment to the robust manufacturing and healthcare sectors—demands professionals who understand sector-specific financial practices.
Understanding of Local Economic Conditions: A good financial professional will be familiar with the local economic environment. Arlington’s economy benefits from its status as a regional hub in information technology, aerospace research, and entertainment. They should be knowledgeable about local trends such as the expansion in transportation technology through partnerships like that with Overair, which can influence strategic planning and financial forecasting.
Knowledge of State Tax Incentives: Texas offers tax credits for job creation, capital investments, and support for key industries. An accountant who understands these state incentives and ties them to local initiatives—like the investments in manufacturing facilities or research funding at the University of Texas at Arlington—can help you make informed decisions that reduce your business's tax burden.
Talk to a business tax expert today for all your tax needs in Arlington.
Additional Texas Accounting Resources:
Navigating Small Business Taxes in Texas
How to Start a Business in Texas: 10 Steps
How to Set Up an S Corp in Texas
*Based on a $12.2k average 2022 tax refund per client, which is 4x the cost of a full-service package. Source: first-party data.
*Includes average business tax preparation, form completion and submission, record keeping, and other misc admin time. Source.
*Historical first-party data.