Thinking about relocating your business? Texas is calling and so is your bank account.
With no state income tax, business-friendly policies, and lower overhead costs, moving your business to Texas isn’t just a smart move, it’s a money-saving power play.
At Insogna CPA, one of the top CPA firms in Austin Texas, we help business owners like you make the transition seamlessly while maximizing tax savings. Ready to see why Texas is where your business should be? Let’s dive in.
1. No State Income Tax = More Money in Your Pocket
This one’s huge: Texas has NO state income tax.
- No personal state income tax, unlike California (13.3%) or New York (10.9%).
- More take-home pay for you AND your employees—making it easier to attract top talent.
- If you’re an S-Corp or LLC owner, your pass-through income isn’t taxed at the state level.
Think about what you could do with that extra cash: reinvest in your business, hire more people, or just enjoy keeping more of what you earn.
2. Lower Business Taxes = Higher Profits
Texas ditched the corporate income tax, replacing it with a low-rate franchise tax that’s way easier on businesses.
- No corporate income tax. Zero. Nada.
- Franchise tax is minimal as low as 0.375% for some businesses.
- Make under $2.47M in revenue? You owe NO franchise tax at all.
Moving to Texas could mean thousands (or even millions) in savings over time. An Austin tax accountant can help you structure your business right to maximize these benefits.
3. Business-Friendly Environment = Fewer Headaches
Let’s be real. Some states make running a business feel like an Olympic-level obstacle course. Not Texas.
- Lower LLC and incorporation fees than high-cost states like California and New York.
- Less government red tape = more time running your business, less time drowning in paperwork.
- Fast, hassle-free business formation so you can get up and running ASAP.
Want a state that actually supports your business? Texas makes it easy, and a small business CPA in Austin can help you navigate the setup.
4. Lower Cost of Living = Lower Business Overhead
Running a business is expensive but in Texas, your dollar goes further.
- Commercial real estate is WAY cheaper than in California, New York, or Illinois.
- Lower utility, insurance, and operating costs mean you spend less on the basics.
- Lower cost of living = lower salary demands, so you can hire great talent without crazy payroll costs.
If you’re overpaying for rent, salaries, or utilities elsewhere, Texas could be a game-changer for your budget.
5. A Thriving Business Ecosystem with Tax Perks
Texas isn’t just affordable, it’s one of the fastest-growing business hubs in the country.
- Tax incentives for tech, manufacturing, healthcare, and more.
- A deep talent pool, thanks to top universities and a booming workforce.
- Austin is the new Silicon Valley—tech startups, investors, and opportunities everywhere.
From Tesla and Oracle to fast-growing startups, companies are making the move and thriving. Texas is where businesses scale.
Thinking About Moving Your Business to Texas? Let’s Make It Easy.
Moving your business is a big deal, and the last thing you want is a tax or compliance nightmare when you get here.
At Insogna CPA, a top CPA firm in Austin, Texas, we help business owners relocate the right way: maximizing tax savings, keeping you compliant, and ensuring a smooth transition...
Schedule a consultation today, and let’s build a game plan for your Texas move!