Then sign your name and place the word “Member” on the title line. Franchise tax reports. Arkansas Secretary of State John Thurston announced today that late fees and interest charges on businesses’ annual franchise taxes will be waived until July 15th. We’ll walk you through how to file and pay this tax here: Arkansas LLC Annual Franchise Tax. Reply. Tax payments are due in the office of the Secretary of State each year by May 1st for corporations in existence during the prior year. Franchise Tax There is no Kansas franchise tax for tax year 2011 and after. Note: 26-54-105. Filing Fee: $50. Arkansas Secretary of State Announces Temporary Waiver of Franchise Tax Late Fees and Interest Charges. LITTLE ROCK, Ark. Typically, companies filing after the deadline are charged a $25 late fee plus 0.000274% interest per day the payment … Declare to the state of Arkansas that your business is still in operation by filing an annual report every calendar year before May 1st. Business owners accustomed to paying franchise taxes to the Arkansas Secretary of State will notice a change on January 1. (d)(1) Every corporation that dissolves shall be required to pay at the time of dissolution the franchise tax for the prior calendar year and pay at the time of dissolution the minimum franchise tax for the year in which dissolved or withdrawn. The $150 tax and the annual report together are known as the Annual LLC Franchise Tax Report. Hope that helps! Hi Jonathan, in most states, an LLC … Typically, companies filing after the deadline are charged a $25 late … – Arkansas Secretary of State John Thurston announced today that late fees and interest charges on businesses’ annual franchise taxes will be waived until July 15 th. Changes starting in 2021: LLC Annual Franchise Tax Reports used to be filed with the Arkansas Secretary of State. Limited Liability Company. Reply. LITTLE ROCK, Ark. $150. Insurance Corporation Legal Reserve Mutual, Assets Less Than $100 million. You can find more information on the Arkansas Annual Franchise Tax Report here. Hi Greg, the number to the Arkansas Secretary of State is 501-682-3409. Because of Act 819 of the 2019 session, the Arkansas Division of Finance and Administration (DFA) will settle for and course of franchise taxes. Each year, Arkansas corporations and LLCs are legally required to file an Arkansas Franchise Tax Report. In the state of Arkansas every Corporation is required by law to update its information EACH year. Checks should be payable to Arkansas Secretary of State. If you have not received a Franchise Tax Report by March 20th, please contact us via email at What is an Arkansas Corporation Annual Franchise Tax Report? FINAL FRANCHISE TAX REPORT To be submitted prior to Dissolution or Withdrawal Mark Martin Secretary of State Business and Commercial Services Division State Capitol Little Rock, Arkansas 72201-1094 (501) 682-3409 or (888) 233-0325 www.sos.arkansas.gov 1. Arkansas nonprofits, LPs, LLPs, and LLLPs don’t have to file a tax report; however, they do need to submit an annual report. Enterprise house owners accustomed to paying franchise taxes to the Arkansas Secretary of State will discover a change on January 1. These penalties will be … … Home Income Tax Franchise Tax Letters & Notices. (News Release)– Arkansas Secretary of State John Thurston has announced that late fees and interest charges on businesses’ annual franchise taxes will be waived until July 15 th.The filing deadline for annual franchise taxes is May 1 st.Typically, companies filing after the deadline are charged a $25 late fee plus 0.000274% interest per day the payment is … The form … Home / Secretary of State / Services / Franchise Tax Payments; Franchise Tax Payments Pay Franchise taxes individually or by batch filing. Enter your LLC’s name (exactly as entered on page 1), your name, address, phone, and email. Insurance Corporation Legal Reserve Mutual, Assets Greater Than $100 million. (LITTLE ROCK, ARK.) Franchise Tax Type Current Rate; Corporation/Bank with Stock. $400 Corporation/Bank without Stock. All LLCs operating in Arkansas must file an annual report and pay a flat-rate tax of $150 each year. Complete this report online at www.sos.arkansas.gov, or sign in black ink and mail to the … Jonathan C. June 6, 2017 . Shortly after your LLC is formed, you will receive a Welcome Letter from the DFA with instructions on how to pay Franchise Tax … Franchise Tax The Arkansas Secretary of State Office is responsible for the collection of the state’s mandatory franchise taxes. LITTLE ROCK, Ark. Tax year end Nov 30, 2004, and previous (Tax year beginning prior to January 1, 2004) •Pay tax and fee to Secretary of State •Tax amount is $2 per $1000 net worth Use the Franchise Tax Computation Worksheet •Fee amount is $55 for-profits $40 non-profits •Pay both tax and fee to SOS and submit with annual report form. “We appreciate the ongoing support and assistance from the Secretary of State’s Office throughout the transition of Franchise Tax to DFA,” DFA Secretary Larry Walther said in a statement. Accepted credit cards include Visa, Mastercard, Discover, and American Express. Letters & Notices. Franchise Tax Report Forms – 2009; Franchise Tax Report Form PDF; Miscellaneous Forms; Health Spa Consumer Protection Act PDF; Appointment of Agent for Service of Process by Foreign Bank or Trust Company PDF; Appointment of Agent to Receive Service of Process for Nonprofit Association PDF; Application for Verification Company PDF; Notary Public However, as of January 2021, this is no longer the case. (News release) – Arkansas Secretary of State John Thurston has announced that late fees and interest charges on businesses’ annual franchise taxes will be waived until July 15th. Regardless of business activity or income, all Arkansas limited liability companies (LLCs) must file reports and pay $150 annually. Only "amended" K-150 forms will be accepted. Accepted Forms of Payment: Check or … File My Annual Reports Let's Talk. … Mark Martin, Arkansas Secretary of State ANNUAL BANK FRANCHISE TAX REPORT 2017 For the year ending 12/31/2016 Reports and taxes are due on or before May 1, 2017. Arkansas.gov. … The Secretary of State posted an update on its website that the annual franchise tax deadline is Monday, May 2 since April 30 falls on a Saturday. The franchise tax and fee law requires businesses to pay a franchise tax to the Kansas Department of Revenue and a separate filing fee to the Secretary of State.Both are due the 15th day of the fourth month following the tax year end—e.g. Companies who conduct business in Arkansas are required to pay this annual tax, with the first $8 million placed into the state’s general fund and the remaining balance into the Education Adequacy Fund, which provides funding to public schools and … Arkansas business owners have an extra 75 days to pay their annual franchise taxes. June 7, 2017 . The Official Website of the State of Arkansas Arkansas.gov. Revoked entities continue to accrue franchise tax until the entity is dissolved or withdrawn from Arkansas. Annual Franchise Tax is a requirement in Arkansas and we will discuss this in a later lesson. Penalty and interest will be due for reports if the United States Postal Service’s postmark is after the deadline. The filing deadline for annual franchise taxes is May 1st. This information was provided by the Arkansas Secretary of State on March 26, 2020. $300. Typically, companies filing after the deadline are charged a $25 late fee plus 0.000274% interest per day the payment is delinquent. All LLCs need to pay a minimum of $150 tax to the Arkansas Secretary of State. Go to Franchise Tax Payments Arkansas.gov. Share this article . Matt Horwitz. Each year you need to submit a W-4 and W-2 Form that details your withheld taxes and paid wages. * .3% of the outstanding capital stock, minimum amounts noted in chart. Mail Your Articles of Organization to the Secretary of State. All franchise and annual reports must be filed with the Arkansas Secretary of State. Submit the original Arkansas corporation dissolution form, a Final Franchise Tax Report, and a check for fees to BCS. Arkansas Secretary of State John Thurston announced today that late fees and interest charges on businesses’ annual franchise taxes will be waived until July 15 th. The page numbers on instructions may not be consecutive. Search Search. Typically, companies filing after the deadline are charged a $25 late fee plus 0.000274% […] Phone: (501) 682-3409. 0.3% of the outstanding capital stock; $150 minimum. Nonprofit corporations are not subject to the state franchise tax. The filing deadline is typically May 1, and companies filing after then are charged a $25 late fee plus 0.000274% interest for every … Arkansas Annual Report & Franchise Tax. This site allows taxpayers to pay their franchise taxes online with a credit card or electronic check. The state of Arkansas franchise tax is an annual requirement for businesses that conduct business out of the state. The filing deadline for annual franchise taxes is May 1 st. You will also need to update the state with any structural changes that have occurred, even if your business is brand new. Franchise Tax Forms and Publications The Kansas Franchise Tax has expired for all tax years commencing after December 31, 2010 (K.S.A 79-5401). Welcome Letter –The Arkansas Department of Finance and Administration will mail a welcome letter to every organization that has current franchise tax activity with the Secretary of State. An electronic check is a method of debiting the funds from your checking account just as you would write a check. Speak to an Expert today about our annual report … What is an Arkansas Franchise Tax Report? Once an Arkansas Corporation is registered with the Arkansas Secretary of State, the AR Secretary of State requires that certain information about the Arkansas Corporation be updated on a periodic basis. Submit dissolution documents to: Arkansas Secretary of State Business and Commercial Services Welcome to the Arkansas Secretary of State Franchise Tax Filing System. Fees include the filing fee as well as the franchise tax for the current year. The Official Website of the State of Arkansas Arkansas.gov. (News release) – Arkansas Secretary of State John Thurston announced today that late fees and interest charges on businesses’ annual franchise taxes will be waived until July 15th. Annual Franchise Tax Reports The annual franchise tax report is due May 15. Secretary of State John Thurston on Tuesday said late fees and interest charges on businesses’ annual franchise taxes will be waived until July 15. Final Franchise Tax Reports Before getting a Certificate of Account Status to terminate, convert, merge or withdraw registration with the Texas Secretary of State: 2010: Franchise Tax Form and Instructions (K-150) - 2010; Franchise Tax Voucher (K-150V) - 2010; 2009: Franchise Tax … How the Franchise Tax Law Works. They are now filed with the Arkansas Department of Finance and Administration (DFA). I am starting a lawncare business and I am 16 years old . The filing deadline for annual franchise taxes is May 1st. Franchise tax; For more information on taxation, you should visit the Arkansas Department of Finance and Administration's Tax web page, where you can find answers to your specific questions. Previously, the Arkansas Secretary of State’s office oversaw franchise taxes. Franchise Tax franchisetax@dfa.arkansas.gov: Ragland Building 1900 W. 7th St, Rm 1130 Little Rock, AR 72201 Mailing Address: PO Box 8053 Little Rock , AR 72203 : P: 501-682-7920 F: 501-682-4974: Franchise Forms Request franchiseforms@dfa.arkansas.gov: Franchise Clearance Request franchiseclearance@dfa.arkansas.gov: Individual Income Tax individual.income@dfa.arkansas… You must … Home / Business & Commercial Services / Services / Corporate Franchise Tax; Corporate Franchise Tax. April 15, for entities with a Dec. 31 tax … “We look forward to serving Arkansas companies in this new capacity.” Every year, approximately 150,000 … Tax Deadline is May 1st; Late Fees and Interest Waived Until July 15th. All for-profit corporate filings are subject to Arkansas Corporate Franchise Taxes. Annual Franchise Tax. Letters & Notices. Can I get an llc in my own name ? $300. Search Search. If May 15 falls on a weekend or holiday, the due date will be the next business day. 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