Bookkeeping › Texas › Garland › Retail bookkeeping
Bookkeeping for retail stores in Garland, TX.
For shops, boutiques and stores with a till. Your books done the day you upload your statements, checked against your bank.
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Sales tax
Texas' sales tax is 6.25%, and cities and counties add their own, about 8.2% in all on average. If what you sell is taxable, you collect it and file returns with the state.
State income tax
Texas has no personal income tax on your business profit. LLCs and corporations file a yearly franchise tax report, and most small ones owe nothing.
Federal tax
Working for yourself, you pay 15.3% self-employment tax on most of your profit, plus federal income tax, usually in four estimated payments: April 15, June 15, September 15 and January 15.
Contractors
Paid a contractor $2,000 or more in 2026? Send them a 1099-NEC by January 31.
What every business in Garland (about 250,000 people) keeps track of in 2026. Rates change, so check with your accountant before you file.
Retail stores in Garland, by the numbers
Dallas County, home to Garland, has 7,783 stores with employees (Census Bureau, 2023).
That's 2% more than in 2018 (7,603).
Another 18,218 are run by one person with no employees, mostly self-employed owners.
Across Texas there are 84,361 with employees, so about 9% are in Dallas County.
Every one of them has books to keep: sales to match to the bank, costs to sort and tax to work out.
Why retail stores need different books
Stock bought before it sells, a point of sale with every sale on it, cash and cards and gift cards, sales tax on most of it, and counts that never quite match. A store's real profit depends on knowing what the stock cost.
What a bookkeeper for retail stores in Garland keeps track of
- Daily sales from your point of sale
- Stock bought, sold and counted
- Sales tax collected
- Cash counted against the till
- Card fees
Taxes for retail stores in Texas
Most goods in Texas are taxed at 6.25% plus local tax, about 8.2% in all on average.
- You collect sales tax on taxable goods and file returns with the state, monthly, quarterly or yearly.
- Stock counts at year end set your cost of goods sold.
- Card processors send a 1099-K for what they paid you.
What SumSwift does for shop owners
- Point of sale reports read and booked day by day
- Stock kept item by item with barcode scanning, counts and purchase orders
- Till counts with over or short
- Sales tax or GST/HST and PST worked out from the real sales
- Every statement checked against the balances your bank printed, to the cent, with personal spending kept off your profit
- Receipts snapped with your phone or forwarded by email are read and matched to the charge
Your accountant still files your tax return, with clean books and free access.
Questions.
How much does a bookkeeper for retail stores cost in Garland?
Published price guides put most small businesses at $300 to $1,500 a month for a bookkeeper, more when the books are busy, as they often are for retail stores. SumSwift does the same monthly work the day you upload your statements.
Does SumSwift track inventory?
Yes, item by item, first in first out or average cost, with counts, purchase orders and barcode scanning on your phone.
Can it read my point of sale?
It reads daily reports from Square, Shopify, Clover, Lightspeed, Toast and others.
Does SumSwift know Texas's tax rules?
Most goods in Texas are taxed at 6.25% plus local tax, about 8.2% in all on average. You collect sales tax on taxable goods and file returns with the state, monthly, quarterly or yearly.
Behind on my books. Can you catch me up?
Yes. Upload every month's statements at once and the books are done in minutes, checked against your bank to the cent.
Other businesses in Garland.
Clean books for your retail store in Garland.
Upload your statements and see your books in minutes.
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