Hub of the South Plains
Home to roughly 273,000 people by the Census Bureau's 2025 count, Lubbock serves a much larger region of farms and small towns across West Texas and eastern New Mexico. The Texas High Plains produces roughly 30 percent of U.S. cotton, and Lubbock is where much of that crop is financed, ginned, stored and sold. Texas Tech University enrolled a record 46,296 students in fall 2026, and the Health Sciences Center, Covenant Health and UMC make Lubbock the region's medical centre. BOMCAS works with Lubbock clients remotely.
The Texas overview covers the rules that apply statewide; this page is about Lubbock and the South Plains.
Taxes in Lubbock
Lubbock residents pay no state or city income tax. Local businesses answer instead to the franchise tax and an 8.25 percent sales tax, with 1.5 percent for the city and 0.5 percent for Lubbock County. Hotel stays carry 15 percent tax, including a 2 percent county venue tax. Property is valued by the Lubbock Central Appraisal District, and farmland can be valued on its agricultural use.
Our Lubbock Clients
We work with cotton farmers and family farm partnerships, gins and cooperatives, equipment dealers and ag suppliers, dairies, medical practices, restaurants and shops near campus, student rental investors, landowners with wind leases and royalties, and Texas Tech students, faculty and staff.
The Region
The Texas Tech campus and its surrounding neighbourhoods hold student housing and restaurants, with the Depot District just to the east. The medical district lies near the Health Sciences Center and UMC. South and southwest Lubbock hold newer neighbourhoods and shopping, and the Reese Technology Center occupies the former air force base to the west. Farms surround the city in every direction, with wind farms across much of the region.
Weather and Water
Hail, drought and wind shape the local economy. Hail claims are common for homes, cars and crops, and many farms depend on the Ogallala Aquifer for irrigation. Both affect costs, insurance and tax planning for farmers and businesses alike.
Where Lubbock Clients Usually Begin
A farm partnership whose lender wants a cleaner balance sheet before spring operating loans. A gin manager facing a new season with last year's cooperative allocations still open. A family that inherited mineral acres in Hockley County and received an IRS notice about royalties. A Texas Tech senior who has worked three part-time jobs and never filed. Each starts the same way: we collect two years of returns and records, then agree on the order of work.
A Farm-Year Calendar
- January 15: farmers who do not file by March 1 make a single estimated payment.
- March 1: farmers who file and pay in full by this date avoid estimated tax penalties.
- January 31: Lubbock County property tax bills must be paid.
- April 15: individual returns and Lubbock Central Appraisal District renditions.
- May 15: Texas franchise tax report, and the usual deadline for value protests.
Remote, Not Distant
BOMCAS has no office on the South Plains; farms and businesses send records through secure uploads, we talk by video or phone, and the books sit in cloud software the owner can open at any time. We handle returns, bookkeeping, payroll and projections, while legal work, land title questions and hearings remain with your attorney.
How BOMCAS Helps in Lubbock
On the South Plains the year is built around the crop. Bookkeeping follows planting, harvest and loan renewals; payroll handles Form 943 farm hands, H-2A crews and gin shifts; and sales tax keeps ag exemption numbers on file. After harvest come the farm and business returns and the families' personal returns, which feed planning for sale timing, equipment and handing the farm on. Anyone who fell behind in a drought or hail year can begin with late filing help, and Texas Tech's international students and faculty will find their rules under cross-border tax.
From the Panhandle to the coast, our Texas pages on business and farm returns, personal returns, sales tax, bookkeeping, payroll, planning, late filing and cross-border tax set out the statewide rules.
Lubbock Questions
Can a remote firm handle a Lubbock farm?
Yes. Farm records, CCC and insurance statements and lender reports all move well through secure uploads and cloud books.
Do you work with cotton gins?
Yes, both cooperative and privately owned gins, including patronage allocations.
Why is Lubbock's city sales tax share 1.5 percent?
Lubbock is not part of a transit authority, so the city levies a larger local share, with 0.5 percent going to the county.
Do you help Texas Tech students file?
Yes, from first-time domestic filers to international students who only need Form 8843.
Talk to BOMCAS About Your Lubbock Taxes
On the Gulf Coast, our Houston pages deal with energy companies and their contractors, the port and the ship channel, the Texas Medical Center, MUD and flood-zone property questions and Houston's 17 percent hotel tax.
In south-central Texas, our San Antonio pages cover Joint Base San Antonio households and contractors, River Walk hospitality, the Toyota supplier park, Eagle Ford royalties and family and business ties to Mexico.
In North Texas, our Dallas pages look at headquarters staff and executives, private companies and funds, a city spread over five counties, Love Field and DART-area sales tax and the restaurants of Deep Ellum and Bishop Arts.
West of Dallas, our Fort Worth pages cover aerospace and rail employers, the AllianceTexas logistics hub and its freeport inventory, Barnett Shale royalties on city lots, ranching families and the Stockyards hospitality trade.
In the capital, our Austin pages focus on tech employees with stock compensation, startups and founders, state employees, University of Texas faculty and students, licensed short-term rentals and the city's music and film freelancers.
At the far western tip of the state, our El Paso pages cover Fort Bliss families, maquiladora suppliers and customs brokers, export sales to shoppers from Juárez, jobs across the New Mexico line and the county's own half-cent sales tax.
Between Dallas and Fort Worth, our Arlington pages look at the GM assembly plant and its suppliers, the stadium district's ticket, parking and car rental taxes, UT Arlington and the hotels and restaurants that serve millions of visitors.
On the Coastal Bend, our Corpus Christi pages cover port and export terminal contractors, refinery and LNG work, the naval air station and Army depot, beach rentals on the island and windstorm-season records.
North of Dallas, our Plano pages focus on corporate headquarters staff and relocations around Legacy, executives with stock pay, internationally mobile families, Collin County homeowners and the suppliers that serve the big campuses.
Whether it is a section of irrigated cotton, a shop on 34th Street or a household near campus, a short description is enough for BOMCAS to suggest a starting point and list the records a quote would need. Reach us on the contact page or the form below, call 780-667-5250 or email info@bomcas.ca. Each Lubbock service is linked from the Texas overview. Nothing here is advice for a particular farm, business or family.