Multistate
“I received a Form 05-226 Notice of Intent to Forfeit my right to transact business in Texas, how do I resolve this estimated franchise tax issue to save my company?”
A Form 05-226 notice in Texas often points to a franchise tax compliance issue that can affect a company’s authority to do business, but the exact resolution depends on what the notice says, whether returns were filed, whether the reports were marked estimated, and whether the entity is still active with the Secretary of State. The practical response usually turns on the entity type, prior filing history, and any missing public information report or franchise tax report. In many cases, the notice can be addressed by reconciling the account, filing any overdue forms, and confirming the Texas Comptroller’s records. A short conversation with a CPA can sort out what applies to your specific numbers.
In your 90-minute session, the KGOB advisor handling it will:
- Read your exact situation and tell you, in plain English, what’s actually going on.
- Lay out your options and the trade-offs — no jargon, no judgment.
- Give you a clear next step you can act on, whether that’s with us or on your own.
“I moved from Virginia to Arizona this year, how do I file taxes in both states?”
“I lived in Virginia and then Arizona this year, how do I do my taxes in both states?”
“As someone who moved from Virginia to Arizona, how do I file state taxes?”
“I paid for business supplies using my personal credit card on behalf of my Florida non-profit, can I still legally use the DR-14 exemption certificate for that purchase?”
This page is a prompt to start a conversation, not tax or legal advice, and states no tax-law specifics as fact. A consult session does not by itself create an ongoing engagement. We do not promise specific outcomes or savings. Kohari Gonzalez Oneyear & Brown PLLC — Charlotte, NC.
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