Annual reports filed with the Secretary of State in Utah are official documents that provide a comprehensive overview of a business's financial performance, operations, and management throughout the previous year. These reports are required by law and serve as a means for businesses to maintain transparency and compliance with state regulations.
Follow the guide below to help you file your annual report with the
Secretary of State in Utah or use Mosey to do
it.
Use Mosey to automate annual reports in Utah.
Avoid the hassle of doing it yourself and use Mosey to automate foreign qualification, annual reports, and registered agent service.
Utah Annual Business Renewal for Professional Corporation, LLP, LLC, Corporation
You must file an annual report, known as a "business renewal," with the Division of Corporations & Commercial Code every year by the anniversary date of your registration. The Division of Corporations & Commercial Code will send a renewal postcard with a "Renewal ID" to your registered agent address 60 days before the due date. You will need the Renewal ID to file.
Locate Renewal ID
Locate the Renewal ID on the postcard from the Division of Corporations. If you don't have the Renewal ID, you can request for the Division of Corporations to send you an Access ID.
File Business Renewal Online
Log in to the Business Renewal portal with your Entity ID and Renewal or Access ID.
What else do I need to know?
There may be additional things you will need to do to maintain your
"good standing" in the state including having a registered agent and
other kinds of taxes.
Maintaining a Registered Agent
Most states require that you have a registered agent that can
receive important mail from the Secretary of State should they need
to contact you. There are many commercial options available or you
can use Mosey to be your registered agent and keep your information
private in Utah.
Other Taxes
In addition to maintaining a registered agent, maintaining your good
standing can include additional taxes. This can include franchise
tax, sales tax, or other state taxes. You can use Mosey to identify
these additional requirements to maintain good standing in
Utah.
You’ve likely heard the gender pay gap referenced in conversations about workplace equality. Numerous labor studies and statistical reviews have proven that women are often paid 83.7 percent of what their male counterparts are paid for performing substantially similar work under similar working conditions. This pay equity gap was even more significant in decades past.
Shifting perspectives, a greater call for civil rights, and legislation impacting the workplace have made significant strides in rectifying the gender pay gap. The Equal Pay Act is designed to address and enforce wage equality. Here’s how the act’s requirements may impact you as an employer.
Managing a nonprofit organization comes with specific obligations. Beyond furthering your mission, compliance is an important administrative duty supporting everything you do. Whether fulfilling state-specific registration requirements or filing documents with the IRS, nonprofit compliance guarantees your company keeps its tax-exempt status and runs legally.
Compliance is not a one-shot event. Nonprofits have to handle two sets of rules: federal and state. State-by-state, the criteria vary greatly and span anything from company licenses to charity soliciting registrations. For companies doing business beyond state boundaries, this may rapidly become a tangle of responsibilities.
In 2023, Arizona changed from the commonly utilized progressive tax structure to a simplified flat tax system. The state has been slowly modifying tax rules over the course of the past few years and will finally settle into its desired (and lowest) income tax rate.
The flat tax system changes tax liability and compliance rules for all taxpayers. If you own a business in Arizona, here’s what you need to know about how the change may impact your employees and the way you manage your taxes.
Alex Kehayias |Mar 2, 2024
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