Tax Preparation in Pecos, TX
A Pecos tax return often reaches past Reeves County. Crews cross into New Mexico, families hold mineral rights, and a small LLC still owes the state a franchise report. We prepare the business and personal returns from your actual books, so the numbers match and nothing is left off.
Pecos at a Glance
- County
- Reeves County
- From our office
- About 75 miles southwest of Odessa on I-20
- Sales tax
- 8.25% inside city limits
- Local economy
- Delaware Basin oil and gas, trucking, ranching and cantaloupes
Our team in the Odessa office, about 75 miles northeast of Pecos on I-20.
Returns for Work That Crosses the State Line
The Delaware Basin does not stop at the Texas border. Plenty of Pecos service companies work leases on both sides of the New Mexico line, and New Mexico, unlike Texas, has a state income tax. Income earned there may need to be reported on a New Mexico return, and the owners may need one too.
Add mineral and royalty income, which is common in families that have held land in Reeves County for generations, and a return that looks simple can turn into several schedules and two states. We sort out what is owed where before anything is filed.
New Mexico Income
Work done across the line reviewed so the right state gets the right share.
Mineral and Royalty Income
Royalty and lease bonus income reported correctly, with depletion where it applies.
Returns We Prepare for Pecos Owners
Business Returns
Sole proprietor, partnership, S corporation and C corporation returns built from reconciled books.
Owner and Family Returns
Personal returns that pick up pass-through income, wages and investment income in one place.
Multistate Filings
New Mexico returns prepared when your business or crew earned income there.
Franchise Tax Reports
Texas franchise tax and information reports filed by May 15, even when no tax is due.
Working With Us From Pecos
Documents
Statements, receipts and tax forms are shared securely online, so nobody has to drive paper anywhere.
Meetings
Calls and video meetings on your schedule, with check-ins through the year, not just a rush in April.
The Office
Prefer to sit down in person? Our Odessa office is about 75 miles northeast of Pecos on I-20, and you are welcome to stop by with an appointment.
Other Services in Pecos
Bookkeeping in Pecos
Monthly books for Pecos trucking, oilfield service and retail businesses.
Tax Planning in Pecos
Estimates, equipment timing and entity choices before the year closes.
Payroll in Pecos
Pay runs, overtime, tax deposits, TWC reports and year-end forms.
Tax Preparation in Nearby Towns
Frequently Asked Questions
Questions Pecos owners ask at tax time.
