Tax Jobs in Texas

Market context

The tax profession in Texas encompasses a diverse range of specialisms focused on federal, state, and local tax compliance and strategy for individuals and businesses operating within or having nexus in the state. Given Texas's unique tax structure, state and local tax (SALT) expertise, especially in sales and use tax and property tax, is particularly prominent.

Texas is one of a few states without a state individual or corporate income tax. Its primary state business tax is the Texas Franchise Tax (also known as the Margin Tax), which is levied on corporations and pass-through entities. The state boasts a 6.25% state sales and use tax rate, with local jurisdictions able to add up to 2%, for a combined maximum rate of 8.25%. Property taxes are a significant local revenue source, assessed by counties, cities, and school districts, with rates varying widely; appraisal values are set by county appraisal districts. Key agencies include the Texas Comptroller of Public Accounts and county appraisal districts.

Regulatory timeline

• 2023-01-01Texas Comptroller Rule Amendments for Sales and Use Tax Permit Requirements (34 TAC 3.286)Implemented
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• 2021-09-01Texas Senate Bill 3 (2021) - Business Personal Property Tax ExemptionsImplemented
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• 2019-09-01Texas Property Tax Reform and Relief Act of 2019 (SB 2)Implemented
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Skills & tools