You Opened a Business… Now What? The Truth About Staying Compliant Every Year
- Dewayne Williams
- Jul 10
- 2 min read
So, you opened a business. You went to the Secretary of State’s website, filled out the paperwork, and got your company registered. You got your Federal EIN from the IRS, maybe even opened a bank account.
Now here’s the part no one told you:
That was just the beginning.
Every Year, You’re Required to Do 2 Things
I want to make this as plain as possible, because too many business owners are confused or in trouble simply because no one explained this right.
✅ 1. You must tell the state you're still in business.
That’s called your Annual Report (or Annual Registration depending on the state).This is not optional. It’s not a nice-to-have. It’s the law.
If you don’t file it:
Your business can be marked as inactive or administratively dissolved
You could lose your business name
You could get hit with late fees and penalties
Every state has a fee to file your Annual Report. This is the price you pay to legally operate in that state.
✅ 2. You must tell the IRS you're still in business.
That means filing a business income tax return every year — even if:
You didn’t make any money
You didn’t use the business
You’ve just been sitting on the EIN
If you have an LLC or a Corporation, the IRS expects you to file a return annually. It doesn’t matter if you feel like the business is "on hold." If it’s not officially dissolved, it’s still active in their eyes — and you’re responsible.
"I Didn’t Know" Doesn’t Erase the Responsibility
Most people don’t learn this until it's too late. But now you know — and knowing is the first step to getting right.
At MAC Enterprise, we help our clients stay on track and avoid costly mistakes. Here’s what we offer:
🛠️ How We Can Help
💼 Annual Report Filing Service – $99
We file your report for you and handle the paperwork — just cover your state fee.
📄 Business & Personal Tax Filing
Whether you made $0 or $100,000, we’ll file your taxes properly with the IRS.
🧾 Wyoming Clients – Annual Compliance Bundle – $750
This package is for MAC Enterprise clients with companies registered in Wyoming. It includes:
✅ 3 Annual Reports (for your Holding Co, Parent Co, and REIT)
✅ 3 Registered Agent Renewals
✅ 1 Commercial Lease for your Holding Company
That’s everything you need to stay compliant at the state level, bundled together for one flat price.
Take This Seriously
If you’re serious about being in business, then staying compliant isn’t optional — it’s part of the game. Don’t wait until your business gets shut down or hit with fees.
We make it easy for you to stay in good standing.Let us handle it.
—Dewayne Williams
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