What’s the difference between an annual report and a tax filing?

First, identify whether the notice is about an annual report , franchise tax , registered agent , or another state requirement. Then: (1) confirm your due date and entity status in the state portal, (2) check your dashboard for due dates and submission instructions, (3) file the required form(s) and pay fees, (4) save confirmation/receipts, and (5) update your address/agent info if it changed. Missing deadlines can lead to late fees or loss of good standing. If you share the notice text, you can map it to the exact action items. doola offers annual filing service. Upgrade to Tax and Compliance plan or Business in Box plan to get access . All companies registered in the US are required to file an Annual Report to the state they have formed in. Annual reports are filed based on state requirements and usually include company information, registered agent details, and in some states authorized shares. With the company's Premium Plan subscription, doola will not only inform businesses when the Annual Report is due but also file it for businesses! They’re not the same . Annual Report is a state compliance filing to keep the LLC active (updates company info + pays state fee). Annual Tax Filing is your IRS (federal) return (and sometimes state tax returns). Many LLCs must do both each year. Filing requirements for an annual report still apply even if your company made $0 in revenue. Skipping the annual report can lead to late fees, loss of good standing, or administrative dissolution . Skipping taxes can trigger IRS penalties , even if revenue is $0 (especially for foreign-owned LLCs). Federal taxes are paid to the IRS and apply nationwide; state taxes are paid to the state where your company is registered and rules vary by state.