Franchise taxes aren't taxes on franchise businesses, as you may assume from the name. Instead, states require certain entities, such as corporations or limited liability companies, to pay a tax for ...

Accounting for initial franchise fees is a pivotal area in franchise accounting as it directly impacts the franchisor’s earnings and cash flows. The initial franchise fee is a major component of a ...

Charlotte Ebner, executive vice president in charge of tax and audits for architecture firm Page Southerland Page, recently attended a seminar on the state's franchise tax. But she still has plenty of ...

Unlike many states, Texas does not impose a traditional corporate income tax. Instead, it levies a franchise tax, which is a ...