Tax Preparation · Kermit, Texas

Tax Preparation in Kermit, TX

Tax returns for Kermit business owners, contractors and oilfield workers. Whether you have a W-2, a stack of 1099s or a small company of your own, we prepare the return from organized records and file it on time.

Get a Quote

Call (432) 249-3597

Kermit at a Glance

County: Winkler County
From our office: About 45 miles west of Odessa on TX-302
Sales tax: 8.25% inside city limits
Local economy: Oil and gas, frac sand mining and oilfield trucking

Our team in the Odessa office, about 45 miles east of Kermit on TX-302.

Why It Matters in Kermit

Returns for W-2s, 1099s and Everything in Between

A lot of people in Kermit work in or around the oilfield, and many of them switch between being an employee and working on their own. One year it is a W-2 from a service company, the next it is 1099s from three different operators and a new LLC.

Self-employment brings new tax rules, from self-employment tax to deductions for your truck and tools. We help you report it correctly and make sure you are not paying more than you owe.

Contractor Income

1099 income reported with the business deductions that go with it.

Small Company Returns

Returns for Kermit LLCs and corporations prepared alongside the owners’ personal returns.

What You Get

Tax Preparation for Kermit Clients

Personal Returns

Individual returns covering wages, contractor income and other income for you and your family.

Business Schedules

Self-employment income and expenses, including vehicles and tools used for work.

Entity Returns

Partnership and corporate returns for local businesses, with K-1s for owners.

Franchise Tax Filings

Texas franchise tax and information reports filed by May 15 each year.

See everything included in our tax preparation service →

Remote by Default

Working With Us From Kermit

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 45 miles east of Kermit on TX-302, and you are welcome to stop by with an appointment.

Across the Permian Basin

Tax Preparation in Nearby Towns

Odessa Midland Andrews Crane Monahans Stanton Big Spring Seminole Pecos Fort Stockton

Frequently Asked Questions

What Kermit clients ask at tax time.

I went from a W-2 job to contract work this year. What changes?

You now owe self-employment tax on your contract income, and no one is withholding for you. You can also deduct business expenses like your work truck, tools and phone. We sort out both sides on your return.

I got 1099s from several companies. Do I need all of them?

Yes, bring every one. The IRS gets a copy of each, and missing one can trigger a notice later. We match them against your own records to make sure the totals line up.

Does my small LLC have to file with the State of Texas?

Texas has no personal income tax, but LLCs are generally subject to the franchise tax. For 2026 and 2027, businesses with total revenue at or below $2.65 million owe no franchise tax, but they must still file a Public Information Report or Ownership Information Report by May 15. Confirm current thresholds with the Texas Comptroller.

Do I need to drive to Odessa to get my taxes done?

No. Kermit clients can work with us completely remotely, by phone, video and secure file upload. If you ever want to sit down in person, our Odessa office is about 45 miles east of Kermit on TX-302, and we meet clients there by appointment.

How much does tax preparation cost?

Pricing depends on your entity type, transaction volume, and which services you need. We'll give you a flat quote after a short call, so there are no surprise invoices. Most business owners find the tax savings cover the fee.