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Texas Comptroller’s Office Extends Franchise Tax Deadline

By 380news | Business

AUSTIN, TX — In response to the recent winter storm and power outages in the state, Texas Comptroller Glenn Hegar announced today that his agency is automatically extending the due date for 2021 franchise tax reports from May 15 to June 15. The extension aligns the agency with the Internal Revenue Service (IRS), which earlier this week extended the April 15 tax-filing and payment deadline to June 15 for all Texas residents and businesses. The due date extension applies to all franchise taxpayers. It is automatic, and taxpayers do not need to…Read More

Denton County OPEN–Phase II Grant Program June 22-July

By 380news | Business

Denton County OPEN–Phase II Grant Program June 22-July DENTON COUNTY, TX– Specific information about the Denton County OPEN grant program is available to read at https://dentoncounty.gov/open. Individuals with questions after reading the information can email questions to OPENgrants@dentoncounty.gov or call 940-349-4280 from 8 a.m. to 5 p.m. Monday through Friday. June 18, 2020 ­– Denton County Commissioners Court is launching the second phase of a small business grant program at noon on Monday, June 22, 2020, through noon on Monday, July 6, 2020, to provide up to $50,000 grants to Denton County businesses…Read More


By 380news | Business

At the Comptroller’s office, the health and well-being of our taxpayers, employees and communities is our top priority. We understand the concern and uncertainty you may be experiencing surrounding the coronavirus (COVID-19) and are committed to being responsive to the needs of our taxpayers as the situation evolves. We strongly encourage you to use our online tools, tutorials and other resources for tax services and establish 24/7 account access at comptroller.texas.gov/webfile.  You can access your webfile account anytime and submit your sales tax reports, make payments, change your on-file mailing…Read More

Small Business Association Economic Injury Disaster Loans

By 380news | Business

Small Business Association Economic Injury Disaster Loans Economic Injury Worksheet Available on City of Denton Website   DENTON, TX, March 17, 2020 – The Small Business Association (SBA) has designated COVID-19 as a qualifying event for the provision of Economic Injury Disaster Loans (EIDL) for businesses and private nonprofits in affected communities that have sustained substantial economic injury. Qualification for the loan is triggered when a business is unable to meet its obligations and to pay its ordinary and necessary operating expenses. EIDLs provide the necessary working capital to help small…Read More

Denton County Welcomes Gulfstream Aerospace Facility, Jobs

By Dawn Cobb | Business

Denton County welcomes Gulfstream Aerospace facility, jobs Denton County Judge Andy Eads, Precinct 3 Commissioner Bobbie Mitchell and Precinct 4 Commissioner Dianne Edmondson welcomed an announcement today by Gulfstream Aerospace Corp. to expand its operations to the Fort Worth Alliance Airport, where it plans to build a facility and bring new jobs to the thriving region. “It really is a partnership with our public sector, our private sector, federal officials, state officials, counties and cities working together,” Judge Eads said during the ceremony. “There is a common bond beyond public…Read More

Mountain View College in Partnership with Owens Corning-Irving Roofing and Asphalt LLC and Goodwill Industries Ft. Worth Awarded Grants Totaling $362,382

By 380news | Business

Mountain View College in Partnership with Owens Corning-Irving Roofing and Asphalt LLC and Goodwill Industries Ft. Worth Awarded Grants Totaling $362,382 WHAT: Two Check Presentations – Skills Development Fund Grant and Self Sufficiency Fund Grants (photo opportunity 2-foot by 4-foot check) WHO: TWC Commissioner Representing Employers Aaron Demerson WHEN: Ceremony 1: 11 a.m., Friday, Feb. 21, 2020 Ceremony 2: 2 p.m., Friday, Feb. 21, 2020 WHERE: Ceremony 1: Mountain View College 4849 West Illinois Avenue – B-Building (B149) Dallas TX 75211 Ceremony 2: Goodwill of Fort Worth Boardroom 4005 Campus Drive Fort Worth, Texas 76119 The Texas Workforce Commission (TWC) has awarded Owens Corning-Irving Roofing and Asphalt LLC in partnership with Mountain View College a $247,223 Skills Development Fund grant…Read More

Industrial Hemp Seminar

By Denton County Agriculture & Natural Resource Agent Zach Davis | Business

Industrial Hemp Seminar Jan 6, 2020, Denton, TX – Texas A&M AgriLife extension service is holding its first educational program on industrial hemp in Denton County. The emerging crop has peaked interest since the 2018 Farm bill passed allowing producers to grow the crop in the US. The seminar will be Jan 16, 2020 at the Joseph A Carroll building, 401 W. Hickory St. Suite 115 Denton, TX. It will begin with registration at 2:30 PM and welcome at 3 PM. Since the Farm Bill passed there have been a…Read More

Fiscal Notes: Highlights from the 86th Texas Legislature

By 380news | Business

Fiscal Notes: Highlights from the 86th Texas Legislature (AUSTIN) — In the September edition of Fiscal Notes, released today, the Comptroller’s office provides a biennial overview of the most important legislation passed during the 86th session of the Texas Legislature, which concluded May 27. The Legislature addressed several major issues, including meaningful reforms to public education and the state’s local property tax system. “My original Biennial Revenue Estimate (BRE) and a subsequent update that increased the amount available for spending allowed the Legislature to pass an all funds budget of approximately…Read More

Aubrey Invites Small Businesses to Get on the TRAIN to Success

By 380news | Business

Corinth, TX –Small business owners in the Aubrey area are invited to attend a free event to find out how to get the training and resources needed to stay competitive in their industries. North Central Texas College Adult and Continuing Education will make its next T.R.A.I.N. stop Wednesday, July 18th, from 10am to 3pm at the Aubrey Area Library, 226 Countryside Drive. T.R.A.I.N. stands for Training and Resources Advancing Industry Needs. “The programs that we oversee are designed to ensure that businesses remain competitive and grow jobs, that workers have the opportunities to obtain the skills that will help them become or remain self-sufficient and that our communities are economically resilient,” said Business Development Liaison and Eric Shanks. “Moreover, we…Read More

Tax Myths and Misunderstandings

By 380news | Business

Of all the things that I dislike in helping taxpayers with their taxes and IRS issues is dealing with the IRS. They are a bureaucratic abyss that is difficult to navigate even for those of us who understand tax law and the process. Taxpayers are held to certain deadlines for addressing IRS letters and audits, yet the IRS usually takes months and, many times, up to a year to resolve a taxpayer issue. As a result, the taxpayer may have to hire a professional like me to represent them and…Read More

Do College Students REALLY Need Life Insurance?

By 380news | Business

Many people make the assumption that life insurance is for married couples and those with kids. While it is true that not all single people need life insurance, there are a number of reasons when it can make (really) good sense. You have student loan debt. Many college students and graduates assume that your debt dies with you, but that’s not always the case. While the loans through the federal government are discharged (aka forgiven) if you were to die, personal loans that have a cosigner are generally not. That…Read More

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