Tips To Follow Business Taxes and other required filing requirements!

If you are a sole proprietor or a partnership:

• You may need to file sales and use taxes if are engaged selling taxable product(s) or service(s).
• You may need to file Payroll Taxes if have employee(s).
• You may need to file local, state and federal estimated taxes based on your income.
• You are required to file business return(s) end of the year
• You may need to renew your license(s)
• You may need to renew your insurance(s)
• You may need to renew your permit(s)
• You may need to file excise tax
• Time to time during the year should prepare cash flow statements to control your receivables, payables and cash in hand. It is a very important element for any business to analyze the current cash flow position and see the strength of the company to run a successful business.

If you are incorporated: for instance; Corporation, LLC, LP, Professional Corporation, Professional LLC Etc.

• You may need to file sales and use taxes if are engaged selling taxable product(s) or service(s).
• You may need to file Payroll Taxes if applicable. Officer(s) and member(s) of the company may be exempted depends on the structure of the company.
• You may need to file local, state and federal estimated taxes based on your income.
• You are required to file business returns end of the year
• You are also required to file annual reports or other reports based on your state requirements to keep your company in good standing.
• You also may request to your state to provide a certificate of good standing or certificate of existence to see if your company is following state guidelines to file taxes.
• You may need to renew your license(s)
• You may need to renew your insurance(s)
• You may need to renew your permit(s)
• You may need to file excise tax
• You may need to distribute K-1 among your members or stockholders to file their personal income tax return(s)
• Time to time during the year should prepare cash flow statements to control your receivables, payables and cash in hand. It is a very important element for any business to analyze the current cash flow position and see the strength of the company to run a successful business.

To Read More : Tips To Follow Business Taxes and other required filing requirements!
Source : Business Documents Filing in 50 Stateshttp://www.infotaxsquare.com/sole-proprietorship.html

Due date to file Annual Report for state of Kentucky!

All business entities must submit the Annual Reports in the state of Kentucky between January 1, xxxx to June 30, xxxx. Business entities should receive their annual report postcard no later than March 1, xxxx. If you wish to file today, you can do so by filing online.

To read more! Due date to file Annual Report for state of Kentucky! Source: InfoTaxSquare Business Documents Filing In All Fifty States!

State of Delaware-Corporate Annual Report and Franchise Tax Payments

State of Delaware-Corporate Annual Report and Franchise Tax Payments

All domestic corporations formed in Delaware are required to file an Annual Report and to pay a franchise tax. Annual Report and franchise tax due date is on or before March 1st.

Annual Reports are a mandatory to file all domestic corporations formed in Delaware.

To read more! State of Delaware-Corporate Annual Report and Franchise Tax Payments Source: InfoTaxSquare Business Documents Filing In All Fifty States!

Michigan-Impending Dissolutions and Revocations for Profit Corporations!

- Michigan Profit Corporations - Pursuant to section 922 (1) of the Business Corporation Act, if a corporation refuses to file any annual report or pay any filing fee or a penalty fee added to the fee required by law for a period of 2 years from the date on which the annual report or filing fee was due, the corporation shall be automatically dissolved July 15, which is 60 days after the expiration date of May 15, of the 2-year period.

- Foreign Profit Corporations - Pursuant to section 922 (2) of the Business Corporation Act, If a foreign corporation neglects or refuses for 1 year to file the annual report or pay the annual filing fee for a penalty fee added to the fee required by law, its certificate of authority is subject to revocation on July 15, in accordance with section 1041, which is 60 days after the expiration date of May 15, of the 1-year period.

- Foreign Profit Corporations with total authorized shares less than previous attributable shares attributable to Michigan or 100% of the corporation's total authorized shares are attributable to Michigan may file on line.

To read more! Michigan-Impending Dissolutions and Revocations for Profit Corporations! Source: InfoTaxSquare Business Documents Filing In All Fifty States!