Every Illinois LLC files an annual report with the Secretary of State before the first day of its anniversary month. The fee is $75, a $100 penalty applies after the grace month, and the state dissolves LLCs that stay delinquent.
The EIN confirmation letter is IRS notice CP 575, issued when the IRS assigns an EIN. The original cannot be duplicated. If it is lost, call the IRS Business and Specialty Tax Line at 800-829-4933 for Letter 147C, which banks and payment platforms accept. This guide covers what the CP 575 shows, how to get a 147C from inside or outside the US, and who can download the digital CP 575.
Learn how to apply for an EIN as a U.S. citizen or foreign applicant, including methods, requirements, and common challenges faced.
If you’re a non-US resident who owns a US LLC, you’re likely required to file IRS Form 5472, and yes, you can absolutely do it yourself without hiring an accountant. In this comprehensive guide, we’ll walk you through the process
Avoid penalties and dissolution. Five commonly missed compliance tasks: state filings, registered agent upkeep, BOI reports, multi-state updates, and S‑Corp elections.
An EIN is essential for businesses, affecting tax filing, banking, and employee management. Learn who needs one and how to apply.
