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Discussion in 'Network: Central' started by tiedeman, Sep 4, 2003.
no i haven't. would u mind telling me a little about what it is and when it is ect.
Actually, the annual update is pretty easy. It's basically a sign the sheet and pay them $25 kind of thing. I just did that last week. That you don't really need a lawyer for. At least for an LLC.
A annual update is another fee imposed on businesses, a registration fee. You pay $25 every year if you pay late its $75 You do not need a attorney all you do is look over the address if you moved or changed you business type you fill it in. It's that simple.
No.... i am referring to a corp. You must keep corporate records updated. This explains how your business is doing, financially, if there are any business related concerns, and it gets filed in your companies corp records. A must to keep a corp valid in Michigan. This is a C corp, not a llc or s corp.
IT also has shareholder meetings minutes and so on. I dont believe in LLC... i prefer the C Corporation.
Corporate records update include LLC and S Corp's.
You probably have 75+ employees, or like double taxation, or have some large amount of passive income.
Is their some other reason in the landscape business you would want to be a C Corp.
yes, if you plan on outgrowing the capabilities of an LLC.. and you want to raise captial through stock.
Its all preference, and mine is C.
Everyone is different
scraper69 I just got your logo.
Do C Corp's have Tps report's?
Fivestar. Are you going to the profits unlimited seminar? I might, just trying to see who else will be there.
Didnt you get the memo....