State LLC Annual Filing Requirements and Fees
With a Checkbook IRA LLC, it is necessary to maintain active standing for the LLC with the state of registration. Each state has its own process. Some states have no filings or fees. Others may have annual or bi-annual requirements.
A list of the LLC requirements for each state is included below.
Payment of Fees
Applicable annual report fees and taxes must be paid directly from the LLC and may not be paid personally or paid personally and reimbursed. Many states accept online filings. It can be beneficial to have a debit card associated with your LLC bank account so you can submit the filing online.
Penalties for Failure to File
Most states have penalties for failing to file or delinquent filings. After a period defined by state law, the state may administratively dissolve a delinquent LLC. This dissolution eliminates liability protections and may prevent your LLC from purchasing or selling investment assets.
States will typically send reminder notices by email and/or US mail, but you should not rely on such reminders. It is your obligation as the LLC manager to maintain all state filings whether you have been reminded or not.
Contact and LLC Agent Requirements
Your contact information must be kept up to date with the state business division. If you move or change your email address, be sure to update state records by filing an amendment or at the time of filing your Annual Report.
All LLC entities must maintain a current Registered Agent or Statutory Agent. This agent is an individual state resident or licensed business other than the business being represented that provides an in-state physical address where official notices may be delivered during normal business hours. If you are a state resident, you may act as the registered agent. If you are not a resident of the state, then a 3rd party individual or commercial agent servicing firm must act as agent. If your agent changes, you must notify the state with a specific amendment filing.
Foreign LLC Entities
The list below applies to domestic LLC entities. When a LLC formed in one state registers to do business in a second state, it is referred to as a foreign LLC or foreign entity. Renewal filing and reporting requirements are generally the same, but fees for foreign LLC’s may be different than those outlined below.
Please Note…
State laws and websites change, and this list may not always be 100% accurate as a result. Be sure to confirm the details with the appropriate state. Please email support@ira123.com if you find information that is out of date or a link that no longer works.
If you require assistance with annual report or tax filings for your LLC state, please consult with licensed local counsel. Safeguard Advisors cannot perform state tax filings on your behalf.
List of State Annual Report and Tax Filing Requirements
| State | Due Date | Requirement / Resources |
| Alabama | April 15th | Annual filing of a Business Privilege Tax return accompanied by LLC Annual Report on form AL-CAR is required.
Due date is April 15th. Cost is $100. |
| Alaska | January 2nd | Alaska has two filing requirements to maintain a LLC.
A Biennial Report is required. Due date is January 2nd. Submissions postmarked after February 1st are considered late and subject to penalty. Cost is $100. Alaska has a separate business license requirement. Licenses expire on December 31st and may be renewed starting in October for 1- or 2-year terms. The license cost is $50 |
| Arizona | N/A | Arizona does not have any annual filing requirements. |
| Arkansas | May 1st | An Annual Franchise Tax return is required.
Due date is May 1st. Cost is $150. |
| California | Anniversary Month & April 15th | California has two filing requirements to maintain a LLC.
A Statement of Information must be filed every two years by the last day of the anniversary month of LLC formation. A “No Change” filing is free. A $20 fee applies if there are changes to the reported information. CA Statement of Information Info A Franchise Tax return using CA form 568 must be filed. Due date is April 15th. The minimum tax due is $800. LLCs with gross income greater than $250,000 will have a higher tax amount. |
| Colorado | Anniversary Month plus 2 | An annual Periodic Report is required.
Due date is the last day of the 2nd month after the anniversary of LLC formation. Cost is $10. |
| Connecticut | Anniversary Month & April 15th | An Annual Report is required.
Due date is the end of the anniversary month of LLC filing. Cost is $20. Note that Connecticut used to have a Business Entity Tax, but it was terminated effective January 1st, 2019. |
| District of Columbia | April 1st | A Biennial Report on form BRA-25 is required.
The first report is due April 1st of the calendar year after LLC formation. Subsequent reports are due April 1st every 2nd year thereafter. Cost is $300. |
| Delaware | June 1st | An annual Business Entity Tax is required for LLC entities.
Due date is June 1st. Cost is $300. |
| Florida | May 1st | An Annual Report is required.
Due date is May 1st. Cost is $138.75. |
| Georgia | April 1st | An Annual Report is required.
Due date is April 1st. Cost is $50. |
| Hawaii | Anniversary Quarter-End | An Annual Report is required.
Due date is the end of the calendar quarter of the anniversary date of LLC formation. Cost is $15. |
| Idaho | Anniversary Month | An Annual Report is required.
Due date is the last day of the anniversary month of LLC formation. There is no cost if the report is filed by the deadline. |
| Illinois | Anniversary Month | An Annual Report is required.
Due date is the first day of the anniversary month of LLC formation. Cost is $75. |
| Indiana | Anniversary Month | A Biennial Report is required.
Due date is the last day of the anniversary month of LLC formation. Cost is $22.44 |
| Iowa | March 31st | A Biennial Report is required.
Due date is March 31st in odd numbered years. Cost is $30. |
| Kansas | April 15th | An Annual Report using form LC-50 is required.
Due date is April 15th. Cost is $50. |
| Kentucky | April 15th & June 30th | Kentucky has two filing requirements to maintain a LLC.
An Annual Report is required. Due date is June 30th Cost is $15. A Limited Liability Entity Tax (LLET) is assessed on all LLC entities. Due date is April 15th Cost is $175 |
| Louisiana | Anniversary Date | An Annual Report is required.
Due date is on or before the anniversary date of LLC formation. Cost is $30. |
| Maine | June 1st | An Annual Report is required.
Due date is June 1st. Cost is $85. |
| Maryland | April 15th | An Annual Personal Property Return and Report using Form 1 is required.
Due date is April 15th. Cost is $300. |
| Massachusetts | Anniversary Date | An Annual Report is required.
Due date is the anniversary date of LLC formation. Cost is $500. |
| Michigan | February 15th | An Annual Report is required.
Due date is February 15th. LLC’s filed after September 30th are not required to file until February of the 2nd year. Cost is 25. |
| Minnesota | December 31st | An Annual Report is required.
Due date is December 31st. There is no fee for on-time filings. |
| Mississippi | April 15th | An Annual Report is required
Due date is April 15th. There is no fee for on-time filings. |
| Missouri | N/A | Missouri does not have any annual filing requirements. |
| Montana | April 15th | An Annual Report is required.
Due date is April 15th. Cost is $15. |
| Nebraska | April 1st | A Biennial Report is required.
Due date is April 1st of odd-numbered years. Cost is $10 |
| Nevada | Anniversary Month | Nevada has two filing requirements to maintain a LLC.
An Annual List is required. Due date is the last day of the anniversary month of LLC formation. Cost is $125. Nevada has a separate Business License requirement. Due date is the last day of the anniversary month of LLC formation. Cost is $200. |
| New Hampshire | April 1st | An Annual Report is required.
Due date is April 1st. Cost is $100. |
| New Jersey | Anniversary Month | An Annual Report is required.
Due date is the last day of the anniversary month of LLC formation. Cost is $50. |
| New Mexico | N/A | New Mexico does not have any annual filing requirements. |
| New York | Anniversary Month & March 15th | New York has two filing requirements to maintain a LLC.
A Biennial Statement is required. Due date is the last day of the anniversary month of LLC formation, every second year. Cost is $9 An annual Limited Liability Company Tax return using form IT-204-LL-I is required. Due date is March 15th. Cost is $25. |
| North Carolina | April 15th | An annual report is required.
Due date is April 15th beginning in the first full year after LLC formation. Cost is $200. |
| North Dakota | November 15th | An Annual Report is required.
Due date is November 15th. Cost is $50 |
| Ohio | N/A | Ohio does not have any annual filing requirements. |
| Oklahoma | Anniversary Date | An Annual Certificate is required.
Due date is the anniversary date of LLC formation. Cost is $25. |
| Oregon | Anniversary Date | An Annual Report is required.
Due date is the anniversary date of LLC formation. Cost is $100. |
| Pennsylvania | N/A | Pennsylvania does not have any annual filing requirements. |
| Rhode Island | November 1st & April 15th | Rhode Island has two filing requirements to maintain a LLC.
An Annual Report is required. Due date is November 1st, starting in the calendar year after LLC formation. Cost is $50 An annual business tax return RI-1065 is required. Due date is April 15th. Cost is $400. |
| South Carolina | N/A | South Carolina does not have any annual filing requirements. |
| South Dakota | Anniversary Month plus 2 | An Annual Report is required.
Due date is the first day of the 2nd month following the anniversary date of LLC formation. Cost is $50. |
| Tennessee | April 1st | An Annual Report is required.
Due date is April 1st. Cost is $300. |
| Texas | May 15th | Texas does not have an Annual Report requirement.
Texas requires a Franchise Tax Return for all LLC entities. If the gross revenue of the LLC is less than the published annual threshold ($1,180,000 for 2020/21), a “No Tax Due” return is filed. Due date is May 15th. |
| Utah | Anniversary Date | An Annual Report (Renewal) is required.
Due date is the anniversary date of LLC formation. Cost is $15. |
| Vermont | March 15th | An Annual Report is required.
Due date is March 15th. Cost is $35. |
| Virginia | Anniversary Month | An Annual Registration is required.
Due date is the last day of the anniversary month of LLC formation. Cost is $50 |
| Washington | Anniversary Month | Washington has two filing requirements to maintain a LLC.
An Annual Report is required. Due date is the last day of the anniversary month of LLC formation. Cost is $60 Washington has a separate annual business license requirement that is administered at he city or county level. Fees vary by location. |
| West Virginia | June 30th | An Annual Report is required.
Due date is June 30th. Cost is $25. |
| Wisconsin | Anniversary Quarter-End | An Annual Report is required.
Due date is the last day of the quarter in which the anniversary date of LLC formation falls. Cost is $25. |
| Wyoming | Anniversary Month | An Annual Report is required.
Due date is the first day of the anniversary month of LLC formation. Cost is $50 |
