
Here are some tips to keep your LLC in conformity with the law.
Here are some tips to keep your LLC in conformity with the law. An annual report is a filing that reveals the activities of a business over the past year. Annual reports are meant to give tax authorities of the state details about the owners as well as names of directors and other managing members of an LLC or corporation and its registered agent and business address. It should also include the amount of income or gains the LLC or the C entity generated during the preceding year, the assets that are that are owned or exempt from state taxation for the LLC or C entity, as well as information about the the activities of the LLC abroad. This information is required in order to be eligible to receive tax…