Brownsville business owners trust 1-800Accountant's expert CPAs to handle their bookkeeping and tax needs, saving valuable time while maximizing deductions and maintaining compliance year-round.
Business Tax Preparation: Have your taxes prepared and filed by a CPA with expertise in your industry so you're always confident in your business tax situation. Our CPAs, with more than 17 years of experience on average, can save you thousands annually when you delegate complex Brownsville tax preparation to them!
Bookkeeping: Solidify your financial base and manage cash flow with precise, error-free bookkeeping done for you that saves time and provides crucial insights that empower you to make important data-backed business decisions. This meticulous process delivers essential tools for interpreting data with easy-to-understand reporting, enabling your accountant to develop vital financial modeling.
Tax Advisory: Business tax considerations don't end in April. Through our affordable tax advisory service, you can receive the guidance you need when you need it year-round from a dedicated small business tax advisor. Strategic planning helps minimize your business tax liability in Texas throughout the year while ensuring compliance.
Payroll: Save hours each pay period with comprehensive payroll services handled for you, with regular tax submissions to the city of Brownsville, ensuring accuracy and freeing you to focus on other vital aspects of your business.
Business Formation: Enjoy the advantages of officially establishing your business in Texas with our complimentary incorporation services. Simply cover any Brownsville fees, and we will manage the rest. This puts you on a path to hiring employees and creating a business bank account as you experience the benefits of an optimized business structure and maximum tax savings.
Level | Rate |
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State Tax Rate | 6.25% |
County Tax Rate | None |
Municipal Tax Rate | 2.00% |
Combined Sales Tax Rate | 8.25% |
City-Specific Taxes |
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Most businesses in Brownsville pay the state-level Texas Franchise Tax on their margin. The margin is the smallest of total revenue minus cost of goods sold, total revenue minus compensation, 70% of total revenue, or total revenue minus a $1 million deduction. The rate is 0.75% for most and 0.375% for qualified wholesalers and retailers. Businesses with under $1,230,000 in annual revenue owe no tax but must file a “No Tax Due” report. Reports and payments are due each year on May 15. |
Licenses and Permits |
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Businesses in Brownsville, Texas need to obtain these key permits and licenses before opening: Certificate of Occupancy required for all businesses before opening to the public, building permits needed for any construction, renovation, or structural changes, zoning permits to confirm your business location is properly zoned for your intended activity, and professional licenses from the Texas Department of Licensing & Regulation for regulated occupations (barbers, electricians, cosmetologists, HVAC contractors). |
Most city permits can be requested, tracked, and paid for through Brownsville's Online Permitting Services portal. |
Grants and Funding in Brownsville | Grants and Funding Information |
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BCIC Quality of Life Grant Program | The Brownsville Community Improvement Corporation's Quality of Life Grant Program supports local businesses in projects that contribute to economic and community development. Funding is available for initiatives that enhance public amenities, cultural assets, recreational infrastructure, and overall quality of life. Eligible businesses must have at least two years of activity in Brownsville, provide a 20% match of the total project cost, and present "shovel-ready" projects located within city limits. |
Cultural and Tourism Grants | The City of Brownsville offers Cultural and Tourism Grants to support businesses engaged in heritage tourism and cultural initiatives. These grants aim to enhance Brownsville's appeal as a destination and preserve its unique cultural assets while stimulating economic activity in the tourism sector. |
Neighborhood Plan Grants | These city-sponsored grants support businesses involved in neighborhood economic initiatives and community improvement projects. Funding is directed toward revitalization efforts that strengthen local business corridors and improve commercial districts within specific Brownsville neighborhoods. |
Small Business Development Funding | Various small business grants are available for for-profit, nonprofit, and sole proprietor businesses in Brownsville through city and state-level programs. Application support and guidance can be found through the Brownsville Economic Development Council, with opportunities updated throughout the year. |
When choosing an accountant or bookkeeper for your Brownsville small business, you should consider the following factors:
Certifications and Texas Compliance: Verify the accountant or bookkeeper holds proper credentials, such as CPA licensure or professional bookkeeping certifications. They should demonstrate thorough knowledge of Texas tax regulations, including the state's no income tax structure, and understand how local Brownsville tax ordinances affect your business operations.
Industry-Specific Experience: Select professionals with proven experience in your specific industry. An accountant familiar with Brownsville's growing aerospace sector will offer different insights than one specializing in tourism or retail businesses. This specialized knowledge becomes invaluable when managing industry-specific financial matters and developing strategic plans.
Understanding of Border Economy Dynamics: Choose a financial professional who understands Brownsville's unique position as a border city with Mexico. The right accountant will navigate international commerce considerations, customs regulations, and cross-border business opportunities that affect many local companies. This expertise helps optimize your financial position within this distinctive economic environment.
Knowledge of Regional Business Incentives: Brownsville and the Rio Grande Valley offer specific business incentives through programs like the Brownsville Economic Development Council and EB-5 Regional Center. A knowledgeable accountant can help you access tax advantages, development grants, and special economic zone benefits available to businesses in this region, particularly those in aerospace, manufacturing, and tourism sectors.
Bilingual Capabilities: Work with professionals who offer bilingual services in English and Spanish. In Brownsville's culturally diverse business environment, this capability often proves essential for clear communication with staff, vendors, and clients on both sides of the border, ensuring nothing gets lost in translation when discussing critical financial matters.
*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.