So, you opened a business. You went to the Secretary of State’s website, filled out the paperwork, and got your company registered. You got your Federal EIN from the IRS, maybe even opened a bank account.
Now here’s the part no one told you:
That was just the beginning.
Every Year, You’re Required to Do 2 Things
1. You must tell the state you’re still in business.
That’s called your Annual Report (or Annual Registration depending on the state). This is not optional. It’s not a nice-to-have. It’s the law.
If you don’t file it:
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Your business can be marked as inactive or administratively dissolved
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You could lose your business name
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You could get hit with late fees and penalties
Every state has a fee to file your Annual Report. This is the price you pay to legally operate in that state.
2. You must tell the IRS you’re still in business.
That means filing a business income tax return every year — even if:
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You didn’t make any money
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You didn’t use the business
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You’ve just been sitting on the EIN
If you have an LLC or a Corporation, the IRS expects you to file a return annually. It doesn’t matter if you feel like the business is “on hold.” If it’s not officially dissolved, it’s still active in their eyes — and you’re responsible.
“I Didn’t Know” Doesn’t Erase the Responsibility
Most people don’t learn this until it’s too late. But now you know — and knowing is the first step to getting right.
How We Can Help
Annual Report Filing Service – $99
We file your report for you and handle the paperwork — just cover your state fee.
Business & Personal Tax Filing
Whether you made $0 or $100,000, we’ll file your taxes properly with the IRS.
Wyoming Clients – Annual Compliance Bundle – $750
For MAC Enterprise clients with companies registered in Wyoming. Includes:
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3 Annual Reports (Holding Co, Parent Co, and REIT)
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3 Registered Agent Renewals
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1 Commercial Lease for your Holding Company
Everything you need to stay compliant at the state level, bundled together for one flat price.
Take This Seriously
If you’re serious about being in business, staying compliant isn’t optional — it’s part of the game. Don’t wait until your business gets shut down or hit with fees. Click here to purchase your compliance services now.
