Accounting and Tax Services in Plano

Corporate Plano

Plano, north of Dallas, had about 293,000 residents in the Census Bureau's 2025 estimate. Over the past few decades it has become one of the country's leading headquarters cities. Toyota Motor North America, JCPenney, Frito-Lay and Pizza Hut are based here, the Legacy area holds large campuses for banks and technology firms, Samsung Electronics America is moving its U.S. headquarters to Plano by the end of 2026, and AT&T plans to start moving into a new headquarters on the former EDS campus in 2028. BOMCAS works with Plano clients remotely.

Statewide rules are covered in the Texas overview; here we turn to Plano.

Taxes in Plano

Plano has no state or city income tax. Businesses file the franchise tax report and collect 8.25 percent sales tax, of which 1 percent goes to DART. Hotel stays carry 13 percent tax. In November 2026 voters rejected Proposition A, which would have authorised venue taxes on hotels, car rentals, parking and admissions to help fund a proposed Dallas Stars arena. Property is valued by the Collin Central Appraisal District for most of the city and by the Denton Central Appraisal District for the west, and taxed by the city, the counties, Plano ISD and others.

Our Plano Clients

We work with IT consultancies and staffing firms, suppliers to headquarters campuses, restaurants and shops, medical and dental practices, franchise owners, startup founders, employees with stock compensation, families who relocated from other states and international families on work visas or with assets abroad.

Parts of the City

Legacy, in west Plano near the Dallas North Tollway, holds most of the corporate campuses, as well as Legacy West and the Shops at Legacy. The Telecom Corridor, which runs north from Richardson along Highway 75, holds more technology offices. Downtown Plano, on the DART line, has restaurants and small businesses, while Willow Bend and the older neighbourhoods of east Plano are largely residential.

Common Starting Points

New Plano clients often bring an RSU sale that was taxed twice, a move from another state that left questions about the old state's tax, Indian or Korean accounts that were never reported, or a consulting firm growing into new states. We start with the most recent returns and records and agree on what needs to be done.

Plano's Year

  • Early in the year: W-2s and supplemental stock statements from employers.
  • April 15: federal returns, FBARs (with automatic extension to October 15) and renditions.
  • May 15: franchise tax report and usual protest deadline.
  • Monthly: city hotel tax, 30 days after the end of each month.
  • January 31: property tax bills due.

Our Approach

We work online, with secure document uploads, video meetings and cloud accounting. Our services include returns, bookkeeping, payroll and projections. We are not a law firm, so legal advice and representation at hearings stay with attorneys.

How BOMCAS Helps in Plano

Plano businesses usually start with bookkeeping that tracks time and subcontractors, payroll for remote and visa staff and sales tax on software, data services and restaurant sales. Each year we prepare business returns and franchise tax reports and personal returns with stock and relocation issues, and use them for planning. Missed FBARs or state returns are handled under back taxes and late filing, and international families rely on cross-border tax.

The general Texas rules on business filings, personal filings, sales and use tax, books, payroll, planning ahead, catch-up filing and international tax are on our state pages.

Plano Questions

Is BOMCAS located in Plano?

No. We serve Plano clients remotely.

Did Plano voters approve the Stars arena taxes?

No. Proposition A was rejected in November 2026.

Can you help with stock compensation?

Yes, including RSUs, ESPPs and stock options.

Which county is Plano in?

Mostly Collin County, with a western portion in Denton County.

Talk to BOMCAS About Your Plano 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.

On the South Plains, our Lubbock pages deal with cotton farms and gins, dairies and agricultural lenders, Texas Tech students, staff and researchers, health care, hail season and the city's 1.5 percent local sales tax.

Let BOMCAS know about your Plano company or household and we will explain what we would review first and which records would help us quote. Use the contact page or the form below, call 780-667-5250 or email info@bomcas.ca. Every Plano service is listed on the Texas overview. This page is general information, not advice for your own case.