Bookkeeping, payroll and tax help for Plano businesses
Plano 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 Plano?
Plano is home to big corporate campuses around Legacy West, and a lot of the small businesses here grew out of them. We work with IT and management consultants who left a corporate job to go independent, staffing firms, medical and dental practices, financial and insurance professionals, and the restaurants and shops that serve the office crowd.
Former corporate employees often start as a single-member LLC and get surprised by their first tax bill, because no one is withholding anymore. Quarterly estimates, a solo 401(k) and the S-Corp question usually come up in the first year. Contract work for a former employer also raises the contractor or employee question, which is worth getting right before the first invoice.
Plano is one of the DART member cities, so 1% of the 8.25% sales tax funds the transit system. Most of the city sits in Collin County and renders business personal property to the Collin Central Appraisal District, with a western strip in Denton County.
What does a typical Plano client need from us?
Usually quarterly planning and an entity check for a new consulting practice, or payroll for a growing practice with a handful of staff. We set up the books, run payroll, and file the federal return and the Texas franchise report.
| Item | Detail |
|---|---|
| Sales tax rate | 8.25%: 6.25% state, 1% city and 1% for DART, the regional transit authority |
| County | Collin County, with a western strip of the city in Denton County |
| Appraisal district | Collin Central Appraisal District, or Denton Central Appraisal District on the Denton County side. 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 Plano?
One accountant for your books, payroll, sales tax and both returns, on one monthly fee.
Book a callWhich Plano businesses do we work with?
Owners who want one person on their numbers all year.
Independent consultants
Quarterly estimates, a solo 401(k) and the S-Corp question in year one.
Staffing and IT firms
Payroll for W-2 staff, contractor 1099s and multi-state rules.
Medical and dental practices
Staff payroll and owner salary planning.
Financial and insurance professionals
Commission income and clean monthly books.
Restaurants and retail
Daily sales tax and shift payroll.
Real estate investors
Rental books, depreciation and entity setup.
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 Plano, Texas?
It's 8.25%: 6.25% for the state, 1% for the city and 1% for DART. You file and pay it to the Texas Comptroller.
Which appraisal district covers Plano?
Most of Plano files with the Collin Central Appraisal District. The western strip in Denton County files with the Denton Central Appraisal District.
I left a corporate job to consult. What should I set up first?
A business bank account, a bookkeeping system and quarterly estimated tax payments. Then look at an LLC and, once profit is steady, an S-Corp election.
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.