Required for all LLCs & corporations

Subject: Required for all LLCs & corporations. Headline: What every LLC & corporation must do now: key compliance steps for US business owners.

BOI / Corporate Transparency Act update: As of March 26, 2025, FinCEN’s interim final rule exempts entities created in the U.S. (formerly called domestic reporting companies) and their beneficial owners from the BOI filing requirement.

Only certain foreign-formed entities that register to do business in the U.S. remain subject to BOI reporting, and they face specific initial deadlines (e.g., April 25, 2025 for those registered before March 26, 2025).

Action for readers: If you thought you needed to file BOI for your U.S.-formed LLC/corp, you likely do not — but confirm your entity type and any foreign-formation exposure. Use FinCEN’s BOI page and the BOI E-Filing System for authoritative guidance.

Core compliance checklist: Subject: Required for all LLCs & corporations. Headline: What every LLC & corporation must do now: key compliance steps for US business owners.

BOI / Corporate Transparency Act update: As of March 26, 2025, FinCEN’s interim final rule exempts entities created in the U.S. (formerly called domestic reporting companies) and their beneficial owners from the BOI filing requirement.

Only certain foreign-formed entities that register to do business in the U.S. remain subject to BOI reporting, and they face specific initial deadlines (e.g., April 25, 2025 for those registered before March 26, 2025).

Action for readers: If you thought you needed to file BOI for your U.S.-formed LLC/corp, you likely do not — but confirm your entity type and any foreign-formation exposure. Use FinCEN’s BOI page and the BOI E-Filing System for authoritative guidance.

Core compliance checklist: Maintain a registered agent & updated registered office in every state where you’re formed or qualified. File required state annual or biennial reports on time — due dates and fees vary by state.

Missing filings can lead to loss of good standing, administrative dissolution, or revoked authority to sue in that state. Keep internal governance documents current LLC operating agreement or corporate bylaws, shareholder agreements, minutes of meetings, issuance of membership/shares.

Obtain/confirm your EIN with the IRS (required to open business bank accounts, hire employees, and file federal taxes). Register for state tax accounts as needed (income/franchise tax, sales & use tax, payroll withholding, unemployment insurance).

Confirm business licensing and industry-specific permits (local, state, federal). For multi-state activities, assess foreign qualification and sales-tax nexus; register and remit in states where you have taxable presence.

Maintain employer obligations payroll tax deposits (Form 941/940 or e-file schedules), workers’ compensation, and unemployment insurance. Keep robust records—ownership, capital contributions, meeting minutes, tax filings—for audit, sale, or financing.

Consider an annual compliance review with counsel or a compliance provider to catch missed filings and state-specific traps. State-specific guidance Annual/biennial report frequency, fee levels, and franchise tax rules vary substantially.

Some states (e.g., Nevada) require an annual list and business license fee; others (e.g., Texas) require public information reports and have a separate franchise tax calculation; Delaware has well-known franchise tax and annual reporting obligations for corporations; California has an $800 minimum franchise tax for LLCs/corporations doing business in CA (subject to rules/exemptions).

Use state SOS sites or a 50-state compliance tracker to confirm exact due dates and fees for your entity. Recommended spotlight states to cover in the newsletter with links and per-entity reminders: Delaware, California, New York, Texas, Florida, Nevada, Wyoming, Illinois — note that exact due dates and fees differ by formation date or anniversary month.

If you formed in [state], file by [anniversary or statutory deadline]; fee range: $X–$Y. Practical examples / mini checklists: Quick compliance audit (10 min): Confirm registered agent & address; check the next annual report due date on your state SOS entity record; verify federal EIN; confirm payroll tax accounts and next deposit date; check whether you’ve inadvertently created sales-tax nexus.

If you’re expanding to another state: confirm whether you must foreign-qualify there, register for state taxes, and maintain a registered agent in that state. Penalties & consequences: Failure to file state reports or pay franchise taxes typically results in loss of good standing, administrative dissolution or revocation, plus late fees and interest.

Foreign entities doing business without qualification may be subject to monetary penalties and be barred from bringing claims in that state’s courts until they qualify. FinCEN currently is not requiring BOI filings from U.S.-formed entities, which reduces one previously significant compliance burden — but states may still collect ownership data.

Resources & links: FinCEN BOI (official): https://www.fincen.gov/boi IRS small business tax center: https://www.irs.gov/businesses/small-businesses-self-employed SBA business guide: https://www.sba.gov/business-guide 50-state annual report & state filing tracker (example vendor): Harbor Compliance — Annual Reports (50-state): https://www.harborcompliance.com/llc-corporation-annual-report For legal context on state obligations and governance: Wolters Kluwer compliance & governance overview: https://www.wolterskluwer.com/en/expert-insights/compliance-and-governance-for-corporations-and-llcs-under-state-business-entity-laws Also include direct links to your most relevant state SOS pages.

Recommended CTAs: Need a compliance calendar? Check your good standing now.

Schedule a 15-minute compliance review. Subject: Required for all LLCs & corporations.

Headline: What every LLC & corporation must do now: key compliance steps for US business owners. BOI / Corporate Transparency Act update: As of March 26, 2025, FinCEN’s interim final rule exempts entities created in the U.S. (formerly called domestic reporting companies) and their beneficial owners from the BOI filing requirement.

Only certain foreign-formed entities that register to do business in the U.S. remain subject to BOI reporting, and they face specific initial deadlines (e.g., April 25, 2025 for those registered before March 26, 2025).

Action for readers: If you thought you needed to file BOI for your U.S.-formed LLC/corp, you likely do not — but confirm your entity type and any foreign-formation exposure. Use FinCEN’s BOI page and the BOI E-Filing System for authoritative guidance.

Core compliance checklist: Subject: Required for all LLCs & corporations. Headline: What every LLC & corporation must do now: key compliance steps for US business owners.

BOI / Corporate Transparency Act update: As of March 26, 2025, FinCEN’s interim final rule exempts entities created in the U.S. (formerly called domestic reporting companies) and their beneficial owners from the BOI filing requirement.

Only certain foreign-formed entities that register to do business in the U.S. remain subject to BOI reporting, and they face specific initial deadlines (e.g., April 25, 2025 for those registered before March 26, 2025).

Action for readers: If you thought you needed to file BOI for your U.S.-formed LLC/corp, you likely do not — but confirm your entity type and any foreign-formation exposure. Use FinCEN’s BOI page and the BOI E-Filing System for authoritative guidance.

Core compliance checklist: Maintain a registered agent & updated registered office in every state where you’re formed or qualified. File required state annual or biennial reports on time — due dates and fees vary by state.

Missing filings can lead to loss of good standing, administrative dissolution, or revoked authority to sue in that state. Keep internal governance documents current LLC operating agreement or corporate bylaws, shareholder agreements, minutes of meetings, issuance of membership/shares.

Obtain/confirm your EIN with the IRS (required to open business bank accounts, hire employees, and file federal taxes). Register for state tax accounts as needed (income/franchise tax, sales & use tax, payroll withholding, unemployment insurance).

Confirm business licensing and industry-specific permits (local, state, federal). For multi-state activities, assess foreign qualification and sales-tax nexus; register and remit in states where you have taxable presence.

Maintain employer obligations payroll tax deposits (Form 941/940 or e-file schedules), workers’ compensation, and unemployment insurance. Keep robust records—ownership, capital contributions, meeting minutes, tax filings—for audit, sale, or financing.

Consider an annual compliance review with counsel or a compliance provider to catch missed filings and state-specific traps. State-specific guidance Annual/biennial report frequency, fee levels, and franchise tax rules vary substantially.

Some states (e.g., Nevada) require an annual list and business license fee; others (e.g., Texas) require public information reports and have a separate franchise tax calculation; Delaware has well-known franchise tax and annual reporting obligations for corporations; California has an $800 minimum franchise tax for LLCs/corporations doing business in CA (subject to rules/exemptions).

Use state SOS sites or a 50-state compliance tracker to confirm exact due dates and fees for your entity. Recommended spotlight states to cover in the newsletter with links and per-entity reminders: Delaware, California, New York, Texas, Florida, Nevada, Wyoming, Illinois — note that exact due dates and fees differ by formation date or anniversary month.

If you formed in [state], file by [anniversary or statutory deadline]; fee range: $X–$Y. Practical examples / mini checklists: Quick compliance audit (10 min): Confirm registered agent & address; check the next annual report due date on your state SOS entity record; verify federal EIN; confirm payroll tax accounts and next deposit date; check whether you’ve inadvertently created sales-tax nexus.

If you’re expanding to another state: confirm whether you must foreign-qualify there, register for state taxes, and maintain a registered agent in that state. Penalties & consequences: Failure to file state reports or pay franchise taxes typically results in loss of good standing, administrative dissolution or revocation, plus late fees and interest.

Foreign entities doing business without qualification may be subject to monetary penalties and be barred from bringing claims in that state’s courts until they qualify. FinCEN currently is not requiring BOI filings from U.S.-formed entities, which reduces one previously significant compliance burden — but states may still collect ownership data.

Resources & links: FinCEN BOI (official): https://www.fincen.gov/boi IRS small business tax center: https://www.irs.gov/businesses/small-businesses-self-employed SBA business guide: https://www.sba.gov/business-guide 50-state annual report & state filing tracker (example vendor): Harbor Compliance — Annual Reports (50-state): https://www.harborcompliance.com/llc-corporation-annual-report For legal context on state obligations and governance: Wolters Kluwer compliance & governance overview: https://www.wolterskluwer.com/en/expert-insights/compliance-and-governance-for-corporations-and-llcs-under-state-business-entity-laws Also include direct links to your most relevant state SOS pages.

Recommended CTAs: Need a compliance calendar? Check your good standing now.

Schedule a 15-minute compliance review.

Subject: Required for all LLCs & corporations. Headline: What every LLC & corporation must do now: key compliance steps for US business owners.

BOI / Corporate Transparency Act update: As of March 26, 2025, FinCEN’s interim final rule exempts entities created in the U.S. (formerly called domestic reporting companies) and their beneficial owners from the BOI filing requirement.

Only certain foreign-formed entities that register to do business in the U.S. remain subject to BOI reporting, and they face specific initial deadlines (e.g., April 25, 2025 for those registered before March 26, 2025).

Action for readers: If you thought you needed to file BOI for your U.S.-formed LLC/corp, you likely do not — but confirm your entity type and any foreign-formation exposure. Use FinCEN’s BOI page and the BOI E-Filing System for authoritative guidance.

Core compliance checklist: Subject: Required for all LLCs & corporations. Headline: What every LLC & corporation must do now: key compliance steps for US business owners.

BOI / Corporate Transparency Act update: As of March 26, 2025, FinCEN’s interim final rule exempts entities created in the U.S. (formerly called domestic reporting companies) and their beneficial owners from the BOI filing requirement.

Only certain foreign-formed entities that register to do business in the U.S. remain subject to BOI reporting, and they face specific initial deadlines (e.g., April 25, 2025 for those registered before March 26, 2025).

Action for readers: If you thought you needed to file BOI for your U.S.-formed LLC/corp, you likely do not — but confirm your entity type and any foreign-formation exposure. Use FinCEN’s BOI page and the BOI E-Filing System for authoritative guidance.

Core compliance checklist: Maintain a registered agent & updated registered office in every state where you’re formed or qualified. File required state annual or biennial reports on time — due dates and fees vary by state.

Missing filings can lead to loss of good standing, administrative dissolution, or revoked authority to sue in that state. Keep internal governance documents current LLC operating agreement or corporate bylaws, shareholder agreements, minutes of meetings, issuance of membership/shares.

Obtain/confirm your EIN with the IRS (required to open business bank accounts, hire employees, and file federal taxes). Register for state tax accounts as needed (income/franchise tax, sales & use tax, payroll withholding, unemployment insurance).

Confirm business licensing and industry-specific permits (local, state, federal). For multi-state activities, assess foreign qualification and sales-tax nexus; register and remit in states where you have taxable presence.

Maintain employer obligations payroll tax deposits (Form 941/940 or e-file schedules), workers’ compensation, and unemployment insurance. Keep robust records—ownership, capital contributions, meeting minutes, tax filings—for audit, sale, or financing.

Consider an annual compliance review with counsel or a compliance provider to catch missed filings and state-specific traps. State-specific guidance Annual/biennial report frequency, fee levels, and franchise tax rules vary substantially.

Some states (e.g., Nevada) require an annual list and business license fee; others (e.g., Texas) require public information reports and have a separate franchise tax calculation; Delaware has well-known franchise tax and annual reporting obligations for corporations; California has an $800 minimum franchise tax for LLCs/corporations doing business in CA (subject to rules/exemptions).

Use state SOS sites or a 50-state compliance tracker to confirm exact due dates and fees for your entity. Recommended spotlight states to cover in the newsletter with links and per-entity reminders: Delaware, California, New York, Texas, Florida, Nevada, Wyoming, Illinois — note that exact due dates and fees differ by formation date or anniversary month.

If you formed in [state], file by [anniversary or statutory deadline]; fee range: $X–$Y. Practical examples / mini checklists: Quick compliance audit (10 min): Confirm registered agent & address; check the next annual report due date on your state SOS entity record; verify federal EIN; confirm payroll tax accounts and next deposit date; check whether you’ve inadvertently created sales-tax nexus.

If you’re expanding to another state: confirm whether you must foreign-qualify there, register for state taxes, and maintain a registered agent in that state. Penalties & consequences: Failure to file state reports or pay franchise taxes typically results in loss of good standing, administrative dissolution or revocation, plus late fees and interest.

Foreign entities doing business without qualification may be subject to monetary penalties and be barred from bringing claims in that state’s courts until they qualify. FinCEN currently is not requiring BOI filings from U.S.-formed entities, which reduces one previously significant compliance burden — but states may still collect ownership data.

Resources & links: FinCEN BOI (official): https://www.fincen.gov/boi IRS small business tax center: https://www.irs.gov/businesses/small-businesses-self-employed SBA business guide: https://www.sba.gov/business-guide 50-state annual report & state filing tracker (example vendor): Harbor Compliance — Annual Reports (50-state): https://www.harborcompliance.com/llc-corporation-annual-report For legal context on state obligations and governance: Wolters Kluwer compliance & governance overview: https://www.wolterskluwer.com/en/expert-insights/compliance-and-governance-for-corporations-and-llcs-under-state-business-entity-laws Also include direct links to your most relevant state SOS pages.

Recommended CTAs: Need a compliance calendar? Check your good standing now.

Schedule a 15-minute compliance review. Subject: Required for all LLCs & corporations.

Headline: What every LLC & corporation must do now: key compliance steps for US business owners. BOI / Corporate Transparency Act update: As of March 26, 2025, FinCEN’s interim final rule exempts entities created in the U.S. (formerly called domestic reporting companies) and their beneficial owners from the BOI filing requirement.

Only certain foreign-formed entities that register to do business in the U.S. remain subject to BOI reporting, and they face specific initial deadlines (e.g., April 25, 2025 for those registered before March 26, 2025).

Action for readers: If you thought you needed to file BOI for your U.S.-formed LLC/corp, you likely do not — but confirm your entity type and any foreign-formation exposure. Use FinCEN’s BOI page and the BOI E-Filing System for authoritative guidance.

Core compliance checklist: Subject: Required for all LLCs & corporations. Headline: What every LLC & corporation must do now: key compliance steps for US business owners.

BOI / Corporate Transparency Act update: As of March 26, 2025, FinCEN’s interim final rule exempts entities created in the U.S. (formerly called domestic reporting companies) and their beneficial owners from the BOI filing requirement.

Only certain foreign-formed entities that register to do business in the U.S. remain subject to BOI reporting, and they face specific initial deadlines (e.g., April 25, 2025 for those registered before March 26, 2025).

Action for readers: If you thought you needed to file BOI for your U.S.-formed LLC/corp, you likely do not — but confirm your entity type and any foreign-formation exposure. Use FinCEN’s BOI page and the BOI E-Filing System for authoritative guidance.

Core compliance checklist: Maintain a registered agent & updated registered office in every state where you’re formed or qualified. File required state annual or biennial reports on time — due dates and fees vary by state.

Missing filings can lead to loss of good standing, administrative dissolution, or revoked authority to sue in that state. Keep internal governance documents current LLC operating agreement or corporate bylaws, shareholder agreements, minutes of meetings, issuance of membership/shares.

Obtain/confirm your EIN with the IRS (required to open business bank accounts, hire employees, and file federal taxes). Register for state tax accounts as needed (income/franchise tax, sales & use tax, payroll withholding, unemployment insurance).

Confirm business licensing and industry-specific permits (local, state, federal). For multi-state activities, assess foreign qualification and sales-tax nexus; register and remit in states where you have taxable presence.

Maintain employer obligations payroll tax deposits (Form 941/940 or e-file schedules), workers’ compensation, and unemployment insurance. Keep robust records—ownership, capital contributions, meeting minutes, tax filings—for audit, sale, or financing.

Consider an annual compliance review with counsel or a compliance provider to catch missed filings and state-specific traps. State-specific guidance Annual/biennial report frequency, fee levels, and franchise tax rules vary substantially.

Some states (e.g., Nevada) require an annual list and business license fee; others (e.g., Texas) require public information reports and have a separate franchise tax calculation; Delaware has well-known franchise tax and annual reporting obligations for corporations; California has an $800 minimum franchise tax for LLCs/corporations doing business in CA (subject to rules/exemptions).

Use state SOS sites or a 50-state compliance tracker to confirm exact due dates and fees for your entity. Recommended spotlight states to cover in the newsletter with links and per-entity reminders: Delaware, California, New York, Texas, Florida, Nevada, Wyoming, Illinois — note that exact due dates and fees differ by formation date or anniversary month.

If you formed in [state], file by [anniversary or statutory deadline]; fee range: $X–$Y. Practical examples / mini checklists: Quick compliance audit (10 min): Confirm registered agent & address; check the next annual report due date on your state SOS entity record; verify federal EIN; confirm payroll tax accounts and next deposit date; check whether you’ve inadvertently created sales-tax nexus.

If you’re expanding to another state: confirm whether you must foreign-qualify there, register for state taxes, and maintain a registered agent in that state. Penalties & consequences: Failure to file state reports or pay franchise taxes typically results in loss of good standing, administrative dissolution or revocation, plus late fees and interest.

Foreign entities doing business without qualification may be subject to monetary penalties and be barred from bringing claims in that state’s courts until they qualify. FinCEN currently is not requiring BOI filings from U.S.-formed entities, which reduces one previously significant compliance burden — but states may still collect ownership data.

Resources & links: FinCEN BOI (official): https://www.fincen.gov/boi IRS small business tax center: https://www.irs.gov/businesses/small-businesses-self-employed SBA business guide: https://www.sba.gov/business-guide 50-state annual report & state filing tracker (example vendor): Harbor Compliance — Annual Reports (50-state): https://www.harborcompliance.com/llc-corporation-annual-report For legal context on state obligations and governance: Wolters Kluwer compliance & governance overview: https://www.wolterskluwer.com/en/expert-insights/compliance-and-governance-for-corporations-and-llcs-under-state-business-entity-laws Also include direct links to your most relevant state SOS pages.

Recommended CTAs: Need a compliance calendar? Check your good standing now.

Schedule a 15-minute compliance review.