Doing Business in Austin

Austin is the 4th largest city in Texas, with over 960,000 residents. Often referred to as Bat City, Austin’s Congress Bridge is home to North America’s largest urban bat colony.  Beyond this unique peculiarity, the city slogan, Keep Austin Weird, is designed to promote the area’s small businesses and start-ups. The city is home to the Texas Capitol, Blanton Museum of Art, McKinney Falls State Park, and LBJ Presidential Library. There are 41,653 companies located in the city employing over 873,400 workers.  Austin was named the 8th Best Large US City to Start a Business and #1 on the Best Places to Live in the US.

Texas Business Incentives

Several tax credits are available to those operating in, looking to expand, or relocating to the Austin area. Availability depends on several factors, including entity structure, industry focus, hiring practices, etc. The available incentives include the Research & Development Credit, renewable energy tax incentives, Capital Access Program, Skills Development Fund, Media Production Development Zone Act, and state sales and use tax exemptions.

Map of Austin (TX)

Austin Accounting Services

When an Austin company experiences a compliance challenge or financial reporting need, they contact Calvetti Ferguson to help. Whether a start-up or established business, our firm can help with routine compliance issues to more complicated “once in a lifetime” events. The combination of practical experience and technical expertise allows our team members to bring a fresh perspective to conventional challenges.

Interesting Facts About Austin

• Austin was initially called Waterloo.
• The city does not have a professional sports team.

Austin CPA Services

Below is a summary of the accounting, tax, consulting, and technology advisory services offered to Austin businesses, including:

• Tax Planning & Compliance
• Trust & Estate Planning
• State & Local Tax
• Financial Statement Audits
• Benefit Plan Audits
• SOC Reporting
• IT Risk Assessments
• M&A Transaction Advisory
• Quality of Earnings Reports

Contact our Austin CPAs

Calvetti Ferguson provides tax, accounting, and consulting services to businesses, organizations, and high-net-worth individuals in Austin and across Texas. If you have questions or need information on how we can help, complete the form below, and a team member will follow up shortly.