My CPA handles my annual filings. Isn’t that enough to keep my Texas LLC compliant?

CPAs have historically filed the Texas franchise tax report alongside the Public Information Report (PIR), and many still do. But there are two important gaps to be aware of. 

First, as of 2024, the franchise tax filing threshold was raised to $2.65 million in gross revenue. This means many businesses no longer need to file a yearly franchise tax report, which may cause some CPAs to stop submitting the PIR as well, since the two were typically filed together. 

Second, CPAs don’t always have visibility into internal business changes such as ownership transfers or management updates. As a result, your state records can reflect former owners or managers as still having authority over your company, which creates real legal exposure. Keeping your records accurate requires active coordination that goes beyond what most CPA relationships provide.