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As a business owner, dealing with marketing operations and ensuring business growth takes priority. However, filing your LLC's annual report is crucial. An annual report is a detailed account of your business's activities in the previous year and is required in most states. It is usually due on a set date or on the anniversary of when you filed your articles of organization. Some states require biennial reports every two years. Most states mandate annual reports for legal business entities, not sole proprietorships or partnerships. Check with your secretary of state for your state's requirements and deadlines. Annual reports typically include your business's name and location, as well as names and addresses of all LLC members and managers.
