Franchise tax reports are due on May 15 each year. If May 15 falls on a Saturday, Sunday or legal holiday, the next business day becomes the due date.All other entities should report their executive board members and check the OTHER box. Office of Business Opportunity. Documents and Forms. A foreign entity is transacting business in Texas if it has an office or an employee in Texas or is otherwise pursuing one of its purposes in Texas. All officers and directors are also required to be disclosed with their full name and full address. Search for business topics like employer tax identification number (EIN) information, with the A-Z Index. Enter your filing status, income, deductions and credits and we will estimate your total taxes. Based on your projected tax withholding for the year,