The State of Early-Stage Startups in Texas: Insights from Carta’s 2025 Report
Texas Startups: Carta’s 2025 Early-Stage Report Texas continues to climb the ranks as one of the top startup ecosystems in the United States. A new report from Carta and Clutch VC highlights how founders in the Lone Star State are raising capital, competing nationally, and shaping the future of early-stage investing. Texas by the […]
New Texas HOA Laws Effective September 1, 2025
Overview The 89th Texas Legislature adopted a suite of bills that impact Texas homeowners’ associations (“HOAs”). Effective September 1, 2025, these enactments expand owner protections, impose new transparency and filing mandates, cap certain fees, modernize meeting and voting rules, and tighten limits on fines. Boards, management companies, and developers should update governing documents, operational practices, […]
Big Tax Breaks for Texas Business Owners: QSBS Expansion makes C-Corps Even More Attractive
On July 4, 2025, President Trump signed the One Big Beautiful Bill Act into law, delivering major enhancements to the federal Qualified Small Business Stock (QSBS) regime under IRC §1202. These revisions expand the tax planning playbook for founders, early-stage investors, and pass-through businesses—especially in Texas, where the state’s no-income-tax advantage amplifies the impact of […]
That’s a Wrap: Key Amendments to the Texas Business Organization Code in the 89th Texas Legislature
Overview The 89th Texas Legislature has enacted significant amendments to the Texas Business Organizations Code (TBOC). These changes, effective in 2025, are designed to modernize entity governance, enhance protections for directors and officers, streamline business transactions, and clarify shareholder rights. Below is a summary of the most impactful changes and their implications for Texas businesses. […]
Canadian Issuers: Time to Check FPI Status (Again) – June 30, 2025 Deadline Looms
It’s that time of year again — and no, not tax season or cottage season. For Canadian public companies with U.S. reporting obligations, the end of Q2 means it’s time to test your Foreign Private Issuer (FPI) status under U.S. securities laws. This isn’t a “nice-to-have” compliance check. For Canadian companies listed in the U.S., […]
Texas Enacts New Requirements for Shareholder Proposals at Nationally Listed Corporations
On May 19, 2025, Texas enacted Senate Bill 1057, amending the Texas Business Organizations Code (TBOC) to establish new requirements for the submission and approval of shareholder proposals at certain nationally listed corporations. The legislation will take effect on September 1, 2025. KEY PROVISIONS OF SB 1057 Scope and Applicability The new law applies […]
Texas Streamlines Entity Governance with SB 29” What it Means for Privately Held Businesses
Texas continues to position itself as one of the most business-friendly jurisdictions in the country. With the recent passage and signing of Senate Bill 29 (SB 29), the Texas Business Organizations Code (TBOC) has undergone sweeping reforms aimed at providing greater predictability and legal protection for Texas-based entities — and their officers, directors, and equity […]
Know Your Worth: Why Knowing the Value of Your Business is Critical
As a business owner, how much do you think your business is worth? If you’re unsure, you’re not alone. In fact, some estimate that almost 98% of business owners don’t know the true value of their company. This is a critical issue because attaching an accurate valuation to your business is not just a nice-to-have […]
Score a Tax Win Like Rory: Leveraging the ‘Augusta Rule’ Under § 280A(g)
The 14-Day Hole-In-One Section 280A(g) of the Internal Revenue Code—affectionately dubbed the “Augusta Rule” because of the lucrative home rentals that bloom around the Masters Tournament—lets individual homeowners earn up to 14 days of short‑term rental income completely tax‑free. When structured correctly, neither the rental revenue nor related deductions appear on the homeowner’s return. It is one […]