Don’t Miss Your California LLC Statement of Information Deadline!

Don't Miss Your California LLC Statement of Information Deadline!

Keeping your California LLC in good standing is crucial for maintaining its legal status and protecting your personal assets. A key requirement is filing a Statement of Information (SOI), often called a Biennial Report. Let’s break down what you need to know.

What is a Statement of Information?

A Statement of Information is a document submitted to the California Secretary of State to update your LLC’s contact information and ensure it’s in good standing.

When is it Due?

  • First SOI: Due within 90 days of your LLC’s approval.
  • Subsequent SOIs: Every 2 years after your LLC’s formation date (anniversary).

Don’t rely on reminders! The Secretary of State sends postcards, but it’s your responsibility to meet the deadline.

Penalties for Late Filing

Missing the deadline can be costly. You’ll have a 60-day grace period to file with a $250 penalty. Continued neglect could lead to your LLC’s administrative dissolution.

How to File and Avoid Hassles

Filing your SOI online through BizFile is the easiest and quickest method. However, navigating the process can be time-consuming and confusing.

Let us handle it for you! Our tax filing service experts can ensure your SOI is filed accurately and on time, saving you time and potential penalties.

Why Choose Us?

  • Expertise: Our team is well-versed in California LLC regulations.
  • Efficiency: We streamline the filing process to save you time.
  • Peace of Mind: You can focus on running your business while we handle compliance.
  • Competitive Pricing: Our services are affordable and offer great value.

Don’t risk your LLC’s status. Contact us today for a quote and let us handle your California LLC Statement of Information.

Conclusion

 While this blog provides general information, it’s essential to consult with a tax professional for personalized advice regarding your specific situation.

To learn more about how you can reduce your taxes and save money, check out the helpful resources on our blog or contact us today to schedule a consultation.

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