In some states, the Annual Report is due on the anniversary of your business filing date. But in others, there’s a set deadline. Miss this deadline and risk being noncompliant, and possibly incurring fees from your Secretary of State.
What is an Annual Report?
Once you’ve formed an LLC or incorporated your business, you immediately have more administrative duties than you did as a sole proprietor. While an LLC involves significantly less paperwork and formal administration than a corporation, both business entities generally need to file an Annual Report with the state. Here’s what you need to know about this important filing to keep your small business in corporate compliance: Continue reading “Is Your Annual Report Due Soon?” »