In Illinois, you must file an Annual Report and pay a $75 fee every year. You need to file your Annual Report in order to keep your Illinois LLC in […]
An LLC can offer certain tax advantages over a corporation, including the availability of more deductions. Additionally, an LLC is not required to be a separate tax entity like a […]
Acts Triggering Dissolution Unless otherwise provided in the articles or a written operating agreement, a limited liability company is dissolved upon the happening of any one of the following events: […]
Annual Report Each LLC shall file a biennial report on or before the anniversary of its organization signed by a manager, member or agent that lists: The LLC name The […]
United Agent Services can also provide your business with registered agent services. Every Illinois LLC must have a registered agent — the person or office designated to receive official state […]
Articles of Organization To form an LLC in Illinois, articles of organization must be filed with the Business Services Department of the Secretary of State. State law requires that certain […]
Registering an LLC Name Choosing a business name is one of the first steps in the process of forming your Illinois LLC. The name that you choose: Must contain, as […]
Income Tax Rate: For information on the Illinois state income tax rate, visit: https://www2.illinois.gov/rev/research/taxrates/Pages/default.aspx Franchise Taxes and License Fees Illinois requires the payment of a franchise tax and license fee […]
Annual Report A report must be filed with the Illinois Secretary of State each year within the 60 day period prior to the month of incorporation or the extended filing […]