Bookkeeping, payroll and tax help for McKinney businesses
McKinney businesses pay no state income tax, but they collect 8.25% sales tax, render business property to the Collin Central Appraisal District by April 15 and file a Texas franchise tax report every May. We keep your books, run payroll and file your federal and Texas returns for one flat monthly fee.
Updated November 2026
What's different about running a business in McKinney?
McKinney mixes a historic downtown square full of independent shops and restaurants with fast-growing neighborhoods on every side. That brings two kinds of clients: retailers, cafes and service shops around the square, and the builders, remodelers, landscapers and home service companies keeping up with new construction.
Downtown retailers need clean sales tax, inventory and seasonal cash flow planning, since event weekends and holidays carry the year. Trades businesses need job costing, crew payroll and a clear line between taxable and non-taxable work. Texas doesn't tax labor on new construction or residential remodeling, but it does tax many repairs to commercial property and services like landscaping and janitorial work.
All of McKinney is in Collin County, so business personal property renditions go to the Collin Central Appraisal District by April 15.
What does a typical McKinney client need from us?
Monthly books with inventory for retailers, payroll for crews, and a sales tax setup that matches the work. We handle all of it, and file the federal return and the Texas franchise report. Opening a new storefront on or near the square? Register for a sales tax permit before your first sale, and keep receipts for the buildout, since some of those costs are deducted over time rather than all at once.
| Item | Detail |
|---|---|
| Sales tax rate | 8.25%: 6.25% state plus 2% for the city and its economic development corporations |
| County | Collin County |
| Appraisal district | Collin Central Appraisal District. Business personal property renditions are due April 15 |
| State income tax | None on wages or business profit |
| Franchise tax | Report due May 15. No tax due at or under $2,650,000 of revenue, but the information report is still required |
| Payroll | Federal withholding plus Texas unemployment tax (TWC) on the first $9,000 of wages |
Nearby areas we also serve
Sources
- Texas Comptroller: Sales and use tax
- Texas Comptroller: Franchise tax
- Texas Workforce Commission: Employers
- Texas Comptroller: Property tax rendition
General information, not tax advice for your situation.
Running a business in McKinney?
One accountant for your books, payroll, sales tax and both returns, on one monthly fee.
Book a callWhich McKinney businesses do we work with?
Owners who want one person on their numbers all year.
Downtown retail and cafes
Inventory, monthly sales tax and seasonal cash flow.
Builders and remodelers
Job costing, draws and taxable versus non-taxable labor.
Landscaping and home services
Taxable services, crew payroll and equipment write-offs.
Medical and therapy practices
Staff payroll and owner salary planning.
Event and wedding businesses
Deposits, seasonal income and contractor 1099s.
Real estate investors
Rental books and depreciation.
What can we take off your plate?
Every service works the same wherever you are. One job, or all of it every month.
Bookkeeping
from $250/mo
Monthly books in QuickBooks Online or Xero, plus catch-up work when you're behind.
See the servicePayroll
setup from $200
Gusto or ADP set up, run and filed for your whole team.
See the serviceSales tax
from $75/mo
Nexus checks, permits and returns in every state where you owe.
See the serviceBusiness tax returns
from $650
Form 1065, 1120-S or 1120 plus your state returns, prepared and e-filed.
See the servicePersonal tax returns
from $450
Form 1040 and your state return for owners, freelancers and families.
See the serviceTax planning and CFO
review from $350
Entity choice, owner salary, quarterly estimates and forecasts.
See the serviceLLC formation
from $299 + state fee
Your LLC in any state, the EIN and an S-Corp election if it fits.
See the serviceITIN and cross-border
from $300
ITINs, US expat returns, non-resident returns and Form 5472.
See the serviceWhat is the sales tax rate in McKinney?
It's 8.25%: 6.25% for the state and 2% for the city and its development corporations.
Is landscaping taxable in Texas?
Yes. Landscaping and lawn care are taxable real property services in Texas, so landscapers collect sales tax.
Which appraisal district covers McKinney?
The Collin Central Appraisal District. Renditions for business personal property are due April 15.
Tell us what's messy. We'll tell you what it takes.
Tell us what you need and get a fixed price before any work starts. No pressure and no contract.