With the holidays behind us and a bright new year ahead of us, it is a great time to start a business. This month, we discuss the ways CorpNet’s Compliance Portal can help keep your company in compliance!
Q: What is CorpNet’s Compliance Portal?
A: Think of it as your business’ personal concierge service. Once you sign up, you’ll receive email reminders on tax and compliance alerts. You can also use it to store your business documents, and keep a personalized business profile that tracks important data about your company — such as formation date, Federal Tax ID number, business licenses and permits, and more.
Q: I didn’t use CorpNet to form my business, can I still use the Compliance Portal.?
A: Absolutely. Any Corporation, LLC, nonprofit, or professional company can use the Compliance Portal to stay on top of their yearly compliance requirements. It doesn’t matter if you formed your company through CorpNet or not.
Q: It states that the Compliance Portal is free. Is there a catch?
A: No. It is completely free, with no strings attached. We know how challenging it can be to run a small business – and sometimes all the tedious state filing and fees can fall through the cracks. Small business owners don’t always know when their annual report is due or why their business fell into bad standing with the state. We created the Compliance Portal to help small businesses keep track of all these filings, so they don’t have to pay an extra dime in fees or risk falling into bad standing just because they missed a deadline.
Q: What information do I need to create an account for free compliance monitoring?
A: You will need the following information: your business type (e.g. C Corporation or LLC), your filing state (where you filed your corporation/LLC paperwork), and your filing date (the registration date of your corporation/LLC with the state).
Q: Why do you need to know my filing date?
A: Each state has its own rules regarding when and how often corporations and LLCs are required to file their annual report. By knowing when you formed your LLC/corporation, we can send you an email alert before your annual report is due.
Q: What particular deadlines does the Compliance Portal track?
A: The portal will track and notify you of upcoming compliance deadlines with the state, such as your Annual Report (if required in your state). It will also alert you of upcoming tax deadlines based on your business type. In addition, if you provide information about your business licenses and permits, the portal will alert you when they’re coming up for renewal.
Q: Can I keep track of multiple businesses?
A: Yes, you can monitor multiple businesses from a single Compliance Portal dashboard. It’s ideal for attorneys and CPAs to keep track of their clients’ businesses.
Do you need help registering a business or have questions regarding the process? Call the CorpNet.com team today for a free business consultation at: 888.449.2638