What is a Buildingstars franchisee required to do regarding taxes related to the franchise agreement and business?

According to Buildingstars's 2025 Franchise Disclosure Document, franchisees are responsible for all tax-related obligations pertaining to the franchise agreement and the business. Specifically, Buildingstars franchisees must file all tax returns on time and pay all taxes when due. These taxes include any that are levied or assessed on, and related to, the franchise agreement itself and the operation of the Buildingstars business.

Buildingstars does not have any obligation to inform the franchisee about any federal, state, municipal, or local law, rule, regulation, ordinance, code, or tax. This places the onus on the franchisee to stay informed about all applicable tax laws and requirements. Franchisees should consult with a qualified tax professional to ensure they meet all their obligations.

This requirement is standard in franchising, as franchisees are typically considered independent business owners responsible for their own tax compliance. Failing to meet these obligations can result in penalties, interest, and legal issues for the franchisee. Therefore, it is crucial for prospective Buildingstars franchisees to understand and prepare for these responsibilities.