1-800Accountant offers expert tax and bookkeeping services tailored for Frisco's small businesses, helping Texas entrepreneurs maximize deductions and stay compliant while focusing on growth.
Business Tax Preparation: Navigate Frisco's business tax landscape with confidence. Our CPAs average 17 years of experience in diverse industries, helping you comply with local regulations while identifying substantial savings opportunities. By entrusting your tax preparation to our experts, you can focus on growing your business in Frisco's thriving economy.
Bookkeeping: Build a solid financial foundation for your Frisco-based business with precise, error-free bookkeeping. Our service saves you time and provides crucial insights for data-driven decisions. We deliver easy-to-understand reports that empower your accountant to develop financial models tailored to Frisco's unique business environment.
Tax Advisory: Stay ahead of Texas tax considerations year-round with our affordable advisory service. A dedicated small business tax advisor offers guidance when you need it, helping you plan strategically to minimize your tax liability while ensuring compliance with both state and local Frisco regulations.
Payroll: Simplify your payroll process and reclaim valuable time each pay period. Our comprehensive service handles all aspects, including accurate tax submissions to Frisco authorities. This allows you to concentrate on other critical areas of your business, knowing your payroll obligations are managed professionally.
Business Formation: Take advantage of Texas's business-friendly climate by establishing your company officially. We offer complimentary incorporation services—you only cover the required Frisco and state fees. This sets you up to hire employees, open a business bank account, and benefit from an optimized structure that maximizes tax savings in accordance with Texas law.
Level | Rate |
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State Tax Rate | 6.25% |
County Tax Rate | 0.00% |
Municipal Tax Rate | 2.00% |
Combined Sales Tax Rate | 8.25% |
City-Specific Taxes |
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Frisco has a Business Tax Receipt that all businesses must obtain and renew annually, accompanied by a $100 annual license fee. |
Licenses and Permits |
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Businesses operating in commercial spaces in Frisco must obtain a Certificate of Occupancy before opening to the public. |
Companies planning to install business signage in Frisco are required to secure sign permits prior to installation. |
Contractors working on projects within Frisco city limits need to complete contractor registration before commencing work. |
Grants and Funding in Frisco | Grants and Funding Information |
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Frisco Rail District Investment Zone Pilot Program | Launched in May 2024, this program offers performance-based matching grants for eligible Type A tenants and commercial properties in the Frisco Rail District. Approved applicants may receive up to 50% reimbursement for approved development expenses over a three‑year period, supporting the revitalization and economic development of the district. |
When choosing an accountant or bookkeeper for your Frisco small business, consider these key factors:
Certifications and State Compliance: When choosing an accountant or bookkeeper for your Frisco small business, check that the professional holds the proper credentials, such as a CPA, and has a strong grasp of Texas tax rules and compliance requirements. This is especially important in a city where diverse sectors like technology, healthcare, and finance demand up-to-date financial knowledge.
Experience and Specialization: Look for a professional experienced in handling accounting for businesses in Frisco. With local industries ranging from tech firms like Oracle and T-Mobile to major healthcare providers such as Baylor Scott & White Health, specialized expertise can significantly improve support for your company's financial matters and long-term planning.
Understanding of Local Economic Conditions: Frisco boasts rapid growth in industries including corporate services, real estate, and sports entertainment. An accountant who understands these local market dynamics can provide tailored advice that fits the unique business landscape of the city, where distinctive attractions such as The Star and the National Videogame Museum highlight the vibrant economic mix.
Knowledge of State Tax Incentives: Texas presents opportunities with tax credits for job creation, capital investments, and other industry-related incentives. A bookkeeper well-versed in these benefits can help you take advantage of available resources while managing your tax obligations. This local understanding is particularly useful in a growing city like Frisco, where sectors such as finance and biotech continue to expand.
*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.