Elev8 Tax & Accounting
Texas & New Mexico Filings

Texas franchise tax and New Mexico GRT — one calendar, live books.

El Paso and Las Cruces operators often file in both Texas and New Mexico — or they are about to. Texas entities remember franchise tax when the Comptroller notices. New Mexico sellers get location codes and deductions wrong.

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The full list of filings — deadline monitoring, registrations, notices, Colorado sales/use, BPP — lives on compliance services. This page is the Texas + New Mexico money query.
The filings

Never make you money, always cost you

Texas franchise tax (and the PIR)

Annual franchise tax reports and public information reports, with the right calculation method for your revenue. A report can still be due when tax is zero — we do not treat a $0 liability as a skipped form.

Franchise tax is not federal income tax. Federal returns are EA-prepared work on tax services.

New Mexico GRT

Gross receipts tax is not Texas sales tax. Location codes matter. Deductions most preparers miss matter. Las Cruces / Doña Ana work from an El Paso shop is the working example.

We don't quote GRT percentages here — rates change by location. Invented rates are worse than silence.

Sales & use across TX, NM, CO

Registration, calculation, filing — monthly, quarterly, or annual. Cross-border jobs are the messy case: nexus is invoices and job sites. See construction & trades.

Business personal property renditions

County appraisal district filings on equipment, tools, furniture — on the same deadline calendar as franchise and GRT, not a February surprise.

Sharper together

Why this sits on the books, not in an April folder

Same-firm ledger → fewer amended returns. When sales/use, GRT, and franchise start from reconciled numbers, you are not reconstructing January in October. CFO cash has to include estimated GRT and franchise outflows — otherwise the 13-week forecast is theater.

Tax Services → IRS Enrolled Agent → Fractional CFO →
How we engage

Deadline monitoring, included

Retainers are on service tiers — Essentials from $1,450/mo. Compliance is not priced as a standalone SKU on this page; we do not invent a per-return GRT fee. New permits, accounts, and state notices are in scope on the hub. Formal examination, appeals, or collections representation is scoped separately.

FAQ

Questions, answered

We're a Texas LLC working jobs in New Mexico. What do we file? +

At minimum, the New Mexico GRT regime for that activity plus Texas franchise (if you meet Texas filing requirements). Sales/use may also apply. Discovery maps the calendar; we don't guess on a contact form.

Is franchise tax the same as federal income tax? +

No. Texas franchise tax is a state account-level filing. Federal returns are separate EA-prepared work on tax services.

Can you handle Las Cruces GRT if our office is in El Paso? +

Yes. The firm serves Texas, New Mexico, and Colorado, remotely and on-site.

Do you file business personal property renditions? +

Yes. BPP renditions are prepared and filed with the county appraisal district as part of compliance.

Will you register new permits when we expand? +

Yes — new permits and accounts, and state notices, are in the compliance scope on compliance services.

What does this cost? +

Service tiers from $1,450/mo Essentials, plus a discovery call. There is no invented per-return GRT fee on this page.

Get the TX–NM calendar mapped

Book a discovery call and we'll map every filing your business owes across TX, NM & CO.

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