1-800Accountant, America's leading virtual accounting firm for small businesses, offers seamless end-to-end bookkeeping and accounting services handled by experts designed to give you peace of mind and the extra time you need to focus on building your business.
Business Tax Preparation: Have your taxes prepared and filed by an accountant 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 Fort Worth 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 Fort Worth, 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 Fort Worth 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 | 0% |
Municipal Tax Rate | 2% |
Combined Sales Tax Rate | 8.25% |
City-Specific Taxes |
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Fort Worth businesses must collect and remit local sales taxes, with a combined rate up to 8.25%. |
Licenses and Permits |
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Business Registration with the Texas Secretary of State and Tarrant County Clerk's Office are required for all businesses. |
Grants and Funding in Fort Worth | Grants and Funding Information |
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Accelerate Small Business Accessibility Grant | Supports small business owners in Tarrant County with up to $500 per submission (maximum $2,000 per year) for expenses like business training, certification, and licensing fees. |
Preserve the Fort Small Business Grant | Provides financial support to Fort Worth businesses, distributing $10 million with allocations for general support, minority-owned businesses, and businesses in low-to-moderate-income communities. |
When choosing an accountant or bookkeeper for your small business, you should consider the following factors:
Certifications and State Compliance: Ensure the accountant or bookkeeper has the right title and certifications, such as working as a CPA. They should also be fluent in Texas's specific tax regulations and compliance requirements.
Experience and Specialization: Search for professionals with experience in your specific industry. Specialized knowledge is crucial for managing industry-specific financial matters and for strategic long-term planning.
Understanding of Local Economic Conditions: Opt for a professional who understands the local economic environment in Fort Worth. This includes familiarity with the city's prominent industries, such as aerospace, energy, logistics, and healthcare, as this knowledge can impact financial decision-making and tax planning.
Knowledge of State Tax Incentives: Texas offers business-friendly tax incentives, including credits for job creation, research and development, and investments in certain industries. A knowledgeable financial professional can help navigate these incentives and make recommendations to minimize your tax burden.
*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.