Annual Requirements & Ongoing Compliance Checklist for _______________<Company Name_________________

(Please note, this list includes the most common ongoing requirements for corporations. It may not be all-inclusive for all business types, all industries, or for all states.)

Federal, state, and local requirements:
ITEM DEADLINE

____ File federal income tax return ____ File for a Federal Tax ID Number if deemed necessary for your business ____ If C corporation, pay necessary corporate income taxes ____ If S corporation, report profit/loss on Shareholders’ tax returns ____ File state income tax return (if applicable), pay taxes ____ Pay state franchise taxes (if applicable) ____ Complete annual statement and pay necessary fee ____ Comply with state sales and use tax obligations ____ Comply with payroll tax obligations ____ Comply with property tax obligations ____ Pay county or city taxes (if applicable) ____ Renew state, county, city, and/or municipality business licenses Ongoing compliance items:
ITEM

_________________ _________________ _________________ _________________ _________________ _________________ _________________ _________________ _________________ _________________ _________________ _________________

DEADLINE

____ Send proper notification of annual meeting _________________ of Directors ____ Hold annual meeting of Directors _________________ • Document all actions of the meeting • Keep minutes of the meeting with corporate records • Elect corporate positions/Officers ____ Send proper notification of annual meeting _________________ of Shareholders ____ Hold annual meeting of Shareholders _________________ • Elect Directors • Document all actions of the meeting • Keep minutes of the meeting with corporate records ___________________________________________________ ONGOING REQUIREMENTS: Keep these items with your corporate records ____ A copy of your Articles of Incorporation and any amendments ____ A copy of your Bylaws and any subsequent revisions and amended copies ____ A stock transfer ledger recording all transfers of your corporation’s stock ____ Copies of all meeting notice documents sent to Directors and Shareholders ____ Copies of all Directors and Shareholders resolutions ____ Minutes from all Directors and Shareholders meetings and copies of all documents approved during those meetings (such as contracts, leases, etc.)

____ Your corporate seal