Per IRS standards, all businesses must file income taxes. Taxes are due in April each year (with an option to extend). By February, businesses should send out and receive all 1099s and W-2s. At that time, you should have reconciled your books, compiled all tax forms and prepared your records for your CPA. All books, income, expenses, etc. must be up-to-date to file taxes for the year. More information can be found on the IRS website.
Have you registered your business with the state? While online, you can verify business names, choose your company partnership and order a certificate of filing. After filing, you will need to start recording all financial transactions your business makes. The secretary of state website has publications filled with information on how to run a Texas business. When in doubt, seek it out and make sure you are adhering to state guidelines.
The U.S. Small Business Administration has been around for decades providing businesses with tools to help succeed. If you need reference material or business details, their website has an organized system of information. The SBA has a learning center with pages of helpful tutorials on finances, marketing, and legal requirements. As you grow your business, it's important to keep the financials matching the company's goals.