CPA Georgetown AlternativeBoth duties in one month
A platform payout can land while the city hotel tax is still open. We keep the books, set up payroll on a provider you run, and prepare the return with Steven Palmieri, Tax CFO and the Entrepreneur's CFO, for owners in Georgetown.
Start the closeTell us about the open month
You will be talking to the Steven Palmieri practice.
Two duties, then one close
Every Texan knows the San Gabriel's north and middle forks stay apart until they meet, and a host month is those two streams, a payout and a city hotel tax, brought into one close.
Click to see the close ›Tap to see the close ›The return waits on the freeze
We freeze the books before the return reads the year. A month still arguing with itself is not ready.
Click to see the return ›Tap to see the return ›
The city tax outlives the payout
July and August in Georgetown sit at 100 degrees, with highs near 90 into October. Every Texan has planned around that heat, and we move the close to a morning so the 20th does not find the payout unmatched.
Click to see the city tax ›Tap to see the city tax ›School tax and the sales tax
Two cabins people think of as neighbors can sit in different school districts, and sales tax is a separate stack to see before a lender asks.
Click to see the rates ›Tap to see the rates ›The miles, and the same close day
The lake on the north fork opened on 5 October 1979, and every Texan who loves that water knows a season has a first day, so we close on a set day by video with the books shared.
Click to see the miles ›Tap to see the miles ›Questions we hear before the call
Did the platform pay the city, is the deposit income, and who files on the 20th. The short answers are on one page.
Click to read the questions ›Tap to read the questions ›Six dates a host in Georgetown actually meets
Open one date. The note is the filing we watch with owners in Georgetown, and who sends it.
1January
December hotel tax and the last sales tax month of the old year leave the owner's hands in January.
The owner files. We have December closed before that form is filled in.
2April
Rendition is due on 15 April with the Williamson Central Appraisal District. Missing that date can attach 10 percent of the tax the district imposes.
The owner signs the rendition. We build the asset list from books that have already closed.
3May
Franchise tax is due on 15 May, and a written rendition extension lands on that same morning.
We prepare the margin numbers. The owner sends the report.
4July
A June payout that was never matched shows up when afternoons in Georgetown are already at 100 degrees.
We close June before July asks anyone to remember which deposit was the rent.
5October
Highs still sit near 90, and the third quarter sales tax is already in motion.
We close September while each deposit still has a name.
6December
The year has to be closable before anyone opens the return.
We freeze the books. The return waits on that freeze.
Steven Palmieri, Tax CFO
The 1911 courthouse on the square is the building the town kept, and in 1997 the city was the first Texas Main Street city. You see the stone. We see the years left and what the books still carry.
On this card you meet Steven Palmieri, who holds the Tax CFO title and the Entrepreneur's CFO title, with the practice based in Dallas.
Who keeps this site. The drawing above is how these pages are signed.
The calendar that holds the close lives in Dallas. Owners in Georgetown join by video, the books stay shared, and the month finishes on one set day whether the cabin is by the lake or by the square.
Send the month you want closed
One sentence is enough. We read it before we offer a time.
You will be talking to the Steven Palmieri practice.
What both duties actually are
A host in Georgetown can watch a payout arrive and feel finished. The platform collected the stay, kept its fee, and sometimes sent the state's piece of the hotel tax. The city still wants its own 7 percent, and that report is due on or before the 20th. Those are two duties. They do not cancel each other.
We treat the payout as a deposit that has to be taken apart. One slice is income. Another slice is the fee the platform held back before the cash reached the bank. A further slice may be tax the platform already remitted. The city hotel tax is usually still the host's to file. A close that books the net deposit as if it were the whole story will not survive the return.
When a host pays a person, we help stand up payday on a provider the host already operates, and we leave the pay run there. We do not run payday. The close still needs the payroll entries, because a cleaner or a co-host who is on the books changes what the month says.
What a finished month feels like
A finished month is quiet. The bank matches the books. The payout report matches the stays. The city hotel tax is either filed or sitting in a named payable, not lost inside income. Sales tax, if the property collects it, is in its own line. You can hand the month to a lender without a speech.
Owners describe the feeling after a finished month as a quiet exhale, and that quiet is why the close exists. The worry they name is a notice about a quarter they remember as fine. The notice is usually a month that was never tied. We would rather close that month in the cool of a planned morning than reconstruct it in July.
Reconciliations, reports, and the statements that fall out of them are the work. A buyer or a bank that later wants a signed assurance report has to take that request somewhere a signature is allowed, and we name that boundary before any work starts.
Rates we will show you on a call
Sales tax at a downtown address in the city is state 6.25 percent plus city 2 percent under local code 2246031, total 8.25 percent. The Comptroller slice we read shows no transit district, no county sales tax, and no special purpose district there. Williamson County is not on the county sales tax table. Your address can differ, and we read the address you actually use.
Franchise tax for the reports covering 2026 and 2027 is due on 15 May. Revenue under 2,650,000 dollars can mean none is owed, and the report is still filed. Once tax is owed, a retail or wholesale trade is charged 0.375 percent of taxable margin, while a trade that is neither is charged 0.75 percent. Rendition is due 15 April at the Williamson Central Appraisal District, with a written extension to 15 May, and a missed rendition can attach 10 percent of the tax the district imposes.
None of those figures is a bill. They are the public dates and rates we keep beside the close so a host is not surprised in the spring.
How a first conversation goes
Start by naming the month in the form, or by choosing a slot on the calendar. We look at whether the payout and the city tax are both in the story. If they are, we say what a close would cover and what we would need from you. If the honest answer is that you do not need us yet, we say that too.
The 30 minutes are a conversation. Paid help begins only after you and we both sign a letter that lists the months, the entities, and what finished looks like. Until then the pages on this site are general reading for owners in Georgetown, and your file is not settled here.