If you formed your LLC in Delaware, there’s one annual obligation you absolutely cannot ignore: the Delaware LLC annual tax. Miss the June 1 deadline, and the state will hit you with a $200 penalty plus 1.5% monthly interest — and if you continue to ignore it, Delaware will void your LLC’s certificate of formation … Read more
Texas LLC Franchise Tax: Everything You Need to Know in 2026 Your complete guide to the Texas franchise tax—who owes it, how to calculate it, key 2026 thresholds, and how to file on time so your LLC stays in good standing. Updated March 27, 2026 • LLC Compass Staff • 15-minute read Every year, thousands … Read more
If you own a Wyoming LLC, filing your annual report is one of the few compliance obligations the state requires of you. Miss it, and the Wyoming Secretary of State can dissolve your company in as little as 60 days. The good news? The process is straightforward, the fees are among the lowest in the … Read more
Every California LLC must file a Statement of Information with the California Secretary of State — first within 90 days of formation, then every two years after that. It’s a simple form that takes about ten minutes to complete online, but failing to file triggers a $250 penalty and can lead to your LLC being … Read more
Every Florida LLC must file an annual report with the Florida Department of State each year — even if nothing about the business has changed. The report itself takes about five minutes to complete online, but missing the deadline triggers a $400 penalty that the state will not waive for any reason. This guide covers … Read more