: Double-check that all mailing addresses are current to ensure you receive future tax correspondence.
To prepare a good report, you must provide clear details regarding your entity's ownership and control for the current reporting year. This form, officially known as the Public Information Report (PIR) , is mandatory for most legally formed entities in Texas. Key Requirements for a Complete Report
: Most reports are due by May 15th each year. Failure to file can result in a $50 penalty and loss of "Good Standing" status. Common Mistakes to Avoid
: You must list the names, titles, and mailing addresses for all current officers and directors.
: Ensure the report is signed by an authorized individual (officer, director, or agent).
: If you prefer physical mailing, ensure you download the current year's version of Form 05-102 from the official website.
For , you should list the managers or managing members.
: Report any entity in which your business owns a 10% or greater interest, or any entity that owns a 10% or greater interest in your business.