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As a business owner, managing marketing operations and business growth is critical, but filing your LLC’s annual report is essential. An annual report is a comprehensive account of your business activities from the previous year, required by most states on a specific date or the anniversary of your articles of organization. Some states have a biennial report, required every two years. Typically, only legal business entities need to file these reports, not sole proprietorships or partnerships. It's important to check with your state's secretary for specific requirements and deadlines. Key elements of an annual report generally include your business name and location, as well as the names and addresses of all LLC members and managers.