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as a business owner you've got a lot on your plate dealing with marketing operations and ensuring your business grows takes most of your focus but there's one thing you can't ignore filing your llc's annual report if you're a new business owner you might be wondering what is an annual report we're here to tell you an annual report is a detailed account of what your business has done in the previous year it's required in most states usually on a set date or on an anniversary of when you filed your articles of organization some states only require these documents every two years called the biennial report most states only require them for legal business entities and not for sole proprietorships or partnerships check with your secretary of state to find out your state's requirements and filing deadlines so what goes in an annual report we're glad you asked most annual reports include the name and location of your business names and addresses for all the members and managers of your llc i...