Everything Your Texas Business
Needs, All in One Place.
The NFS Business Priority Membership gives your business registered agent coverage, annual compliance filings, and dedicated financial services — so nothing falls through the cracks.
What's Included
Your Business Priority Membership, Explained.
The BPM is NFS's annual membership designed to keep your Texas business protected, compliant, and financially optimized — year after year. Here's exactly what you get.
Registered Agent Services
NFS serves as your official registered agent in Texas — receiving all legal documents, lawsuits, and government notices on your behalf and keeping your personal address off the public record.
Franchise Tax Filing — Included
As part of your Registered Agent coverage, NFS prepares and files your annual Texas Franchise Tax Report. You're responsible for any tax amounts or state fees due — the filing service is on us.
10 Complimentary 1099-NEC Filings
Each membership year includes 10 Form 1099-NEC filings for your contractors. Additional filings beyond 10 are available at just .00 per form.
$100 Tax Preparation Discount
Members receive $100 off per business owner on standard business tax preparation services through NFS — putting more money back in your business.
Coverage for Up to 3 Entities
Own more than one business? One BPM membership covers up to three of your business entities — making it the most efficient way to keep everything protected.
The Foundation of BPM
What Is a Registered Agent — and Why Does It Matter?
A registered agent is the official legal contact for your business — required by Texas law for every LLC and corporation. It's the address where lawsuits, court documents, and state notices are delivered. NFS fills that role for you.
Texas law mandates that every LLC and corporation maintain a registered agent at all times. This ensures the state and courts always have a reliable way to reach your business. Operating without one — or with an unavailable agent — puts your business's good standing at serious risk.
Technically yes, but doing so makes your home address a permanent part of the public record. You'd also be required to be present at that address during all business hours, every business day. Using NFS as your registered agent keeps your address private and ensures nothing is ever missed.
Missing a lawsuit notice can result in a default judgment against your business — the court may rule against you simply because you didn't respond. Missing state compliance notices can lead to penalties, fees, and eventually the forfeiture of your business's right to operate in Texas.
NFS receives all legal documents and official government correspondence on your behalf, then promptly notifies you of anything received. We help you understand what action — if any — is required, so you're never caught off guard by something important.
Yes — Registered Agent Services are the cornerstone of the Business Priority Membership. Your annual membership keeps your registered agent coverage active and continuously renewed, so there is never a lapse in your legal protection or business good standing.
Service of Process
Receives lawsuits, subpoenas, and legal documents on behalf of your business — then notifies you immediately so you can respond before any deadlines pass.
Government Correspondence
Handles all official mail from the Texas Secretary of State and Texas Comptroller, including compliance notices, tax correspondence, and renewal reminders.
Address Privacy
NFS's address — not yours — appears on public state records as your business's legal contact point. Your home or office stays off the public register entirely.
Continuous Annual Coverage
Your BPM automatically renews on January 1st each year, ensuring your registered agent coverage never lapses and your business maintains good standing without interruption.
Why It Matters
Staying Compliant in Texas Isn't Optional — But It Doesn't Have to Be Stressful
Texas asks something of every active business, every single year. Miss a filing and the consequences add up quickly. The good news: with your Business Priority Membership, NFS tracks every deadline and handles the paperwork — so compliance simply happens in the background.
What's Really at Stake
Compliance Protects More Than Your Paperwork — It Protects You.
In Texas, a business that falls behind on its annual filings can lose its “good standing” with the state. Left unresolved, the Texas Comptroller can forfeit your business's right to operate entirely — and when that happens, the protections you formed your LLC or corporation to get can disappear right along with it.
That's why ongoing compliance matters. It keeps your liability shield intact, your contracts enforceable, and your business ready to grow, borrow, or sell without nasty surprises.
As a BPM member, you don't have to track any of this yourself. NFS monitors your obligations and keeps every entity you own in good standing, year after year.
Penalties & Interest
Late franchise tax reports start at a $50 penalty plus interest; unpaid tax adds 5%–10% on top, climbing the longer it goes unresolved.
Loss of Good Standing
Missed filings can forfeit your right to do business in Texas — freezing your ability to sign contracts, get loans, or operate legally.
Personal Liability Exposure
Operating a forfeited entity can pierce your liability shield, putting your personal assets at risk for business obligations.
Voided Contracts
Agreements entered while forfeited may be unenforceable — and reinstatement requires settling all back reports, taxes, and fees first.
The Texas Compliance Calendar, at a Glance
A single active business juggles several recurring deadlines across the year. Multiply that across multiple entities and it's easy to see why things slip. Here are the key dates NFS keeps on track for you.
1099-NEC & W-2 Filings
Forms to contractors, employees, the IRS, and SSA are due. For the 2025 tax year, the date lands on Feb 2, 2026 since Jan 31 is a Saturday.
Partnership & S-Corp Returns
Form 1065 (partnerships) and Form 1120-S (S-corporations) are due, or an extension must be filed to push the deadline to September.
Individual & C-Corp Returns
Form 1040 (individuals, with Schedule C for sole proprietors) and Form 1120 (C-corporations) are due, or extended to October.
Franchise Tax & PIR
The Texas Franchise Tax Report plus a Public Information Report are due for nearly every LLC, corporation, and partnership in the state.
Form 941 Payroll Taxes
Employers file quarterly federal payroll tax returns (Apr 30, Jul 31, Oct 31, Jan 31) reporting wages and withheld taxes.
TWC Wage Reports
Texas employers report each employee's wages to the Texas Workforce Commission every quarter for unemployment insurance.
Sales & Use Tax
If you sell taxable goods or services, sales tax is remitted to the Comptroller on a schedule set by your sales volume.
Amendments & Updates
Name, address, ownership, or registered-agent changes must be filed with the Secretary of State to keep records accurate.
Federal deadlines that fall on a weekend or holiday roll to the next business day. The Texas no-tax-due threshold is $2.65 million for 2026 reports — entities below it skip the tax but must still file a Public Information Report. NFS confirms the exact dates and requirements that apply to each of your entities.
The Filings, Explained in Plain Terms
A closer look at the specific forms, thresholds, and figures behind your Texas and federal obligations — and exactly how your BPM covers them.
Form 1099-NEC
Required when you pay $600 or more to a contractor or unincorporated vendor for services. Recipient and IRS copies are due by Jan 31 (Feb 2, 2026 for tax year 2025). Late or missing forms carry IRS penalties of $60–$340 each, up to $680 for intentional disregard.
Franchise Tax & PIR
An annual privilege tax on revenue margin, due May 15. For 2026 reports, entities at or below the $2.65 million no-tax-due threshold owe no tax — but every entity must still file a Public Information Report to stay in good standing.
Business Income Returns
Partnerships file Form 1065 and S-corporations file Form 1120-S by Mar 15. C-corporations (Form 1120) and individuals/sole proprietors (Form 1040 with Schedule C) file by Apr 15. Extensions push these to Sept/Oct.
Payroll & W-2s
Employers withhold and deposit payroll taxes, file Form 941 each quarter, and issue W-2s to employees by Jan 31. Small errors can trigger IRS penalties, so accurate, on-time filing matters.
Sales & Use Tax
If you sell taxable goods or services, you collect sales tax and remit it to the Comptroller monthly, quarterly, or annually based on volume. Use tax applies to untaxed out-of-state purchases used in your business.
TWC Wage Reports
Texas employers register with the Texas Workforce Commission and file quarterly wage reports funding unemployment insurance. Your contribution rate is based on your claims history.
Figures reflect 2026 federal and Texas requirements and may change each cycle. NFS confirms the exact forms, thresholds, and deadlines that apply to each of your entities.
Beyond Registration
Understanding Your Compliance Obligations
Forming a business is just the start. Texas has ongoing compliance requirements that every active business must meet. Select any service to understand what it is and why it matters.
Texas Franchise Tax Filing
Included in your BPM
Form 1099-NEC Filings
10 included per year with BPM
Sales & Use Tax Filings
Required if you sell taxable goods/services
Certificates of Amendment
When your business details change
Franchise Tax Reinstatement
Restoring forfeited business status
Full Service Payroll
Payroll processing & tax compliance
TWC Reporting
Texas Workforce Commission filings
Texas Franchise Tax Filing
The Texas Franchise Tax is an annual privilege tax imposed on most businesses operating in Texas — including LLCs, corporations, and limited partnerships. It's based on your business's revenue margin, not pure income, and a filing is required each year even if no tax is owed. For 2026 reports, entities with annualized revenue at or below $2.65 million owe no tax — but must still file a Public Information Report to stay in good standing.
As a BPM member, NFS prepares and files your Franchise Tax Report and Public Information Report on your behalf. You remain responsible for any tax amount or state fees due — but the preparation and submission is fully handled for you.
- Annual deadline: May 15 for most entities
- Applies to LLCs, corporations, and partnerships
- $2.65M no-tax-due threshold for 2026 reports
- Public Information Report still required below the threshold
- Late filing triggers a $50 penalty plus 5%–10% on unpaid tax
- Preparation & filing included in BPM at no extra cost
Get Protected Today
Join the Business Priority Membership
One annual membership. Registered agent coverage, annual filings, and financial services — all handled by NFS so you can focus on what matters.