Sunday's & Business

Ensure Your LLCs Remains Compliant

BY
August 11, 2024
2
minute read

Happy Sunday! Welcome back to SUNDAYS & BUSINESS. This week features Elliott Teitelbaum, MBA  COO at NUCO Filings with three easy-to-implement tips to Ensure Your LLCs Remains Compliant.

Who is managing your compliance?

Ensure you know who is responsible for your LLC's compliance and confirm that it is being taken care of. Although the requirements are not overly burdensome, there is still some compliance work to be done. Don’t assume your accountant or someone else is handling it.

Use one Registered Agent.

The Registered Agent represents you in states where you don't have a physical presence. They accept Service of Process and assist with state compliance. Using a single agent registered nationwide can help you stay organized and save money.

CTA: New Federal Legislation.

In 2024 the federal government enacted a new filing requirement for ALL LLCs and Corporations to list their Beneficial Owners with FinCEN (Financial Crimes Enforcement Network). There may be significant penalties for non-filers. Again, make sure you're in full compliance.

We hope you found this week’s episode insightful and helpful.

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Have a successful week ahead!