In my last blog, I explained and tried to offer general information and advice about the consequences that ensue if your Texas corporation, LLC or LLP misses the deadline for filing a report or making a payment to the Comptroller … Continue reading
Texas franchise tax delinquency may lead to having your Texas company (corporation, LLC, LP) involuntarily terminated by the Secretary of State and Comptroller (administrative termination, in contrast to judicial termination). A company may become delinquent because it failed to pay … Continue reading
Suggested by a true story: Suppose you are a limited partner in a properly formed Texas real estate investment limited partnership. You, along with a general partner and all of the other limited partners, signed and delivered a written agreement … Continue reading