Welcome! Here are the website rules, as well as some tips for using this forum.
Need to contact us? Visit https://heatinghelp.com/contact-us/.
Click here to Find a Contractor in your area.
Corporate Filings and do I really need a lawyer for this?
GW
Member Posts: 4,820
hello Mass business people, I have one C corp and two LLC's, and I'm getting weary of sending my lawyer hundreds of $$ every year just to file the paper, and I'm not talking about the 500 fee for LLC.
My CPA sets up the filing fee for the C Corp. But I pay my attorney to file the minutes. Do most of you file your own minutes? I get charged for that so i am wondering if a non-attorney person such as myself can handle this.
For my LLC's I pay the 500 fee (each), plus 200 per LLC for a fee.
I got my online filing ID and PIN, so is it as basic as going through the online page and clinking my way through it? I am guessing there's a polite 'pay $500" at the end, I can use my credit card it seems.
Thanks for any help. With the money I save i will promptly reinvest it into the economy. the only benefit I can see is that i currently get a reminder letter in the mail every year.
My CPA sets up the filing fee for the C Corp. But I pay my attorney to file the minutes. Do most of you file your own minutes? I get charged for that so i am wondering if a non-attorney person such as myself can handle this.
For my LLC's I pay the 500 fee (each), plus 200 per LLC for a fee.
I got my online filing ID and PIN, so is it as basic as going through the online page and clinking my way through it? I am guessing there's a polite 'pay $500" at the end, I can use my credit card it seems.
Thanks for any help. With the money I save i will promptly reinvest it into the economy. the only benefit I can see is that i currently get a reminder letter in the mail every year.
0
Comments
-
I am still a C Corp in MA
I cannot answer as to whether or not you can do it. I'd suggest a discussion with your attorney asking how you can work with him but reduce expense. Probably not much you can do with his time and clerical to beat $500, but you never know until you ask. My partner and I continue to let the atty take care of it for us, but we do not have multiple companies. I think my conversation would be how do I best combine the two LLC's and the C to arrive at a more manageable business model. I do know that it is not the easiest thing to convert a C to another format. Good luck. Keep us posted on your solutions!0
This discussion has been closed.
Categories
- All Categories
- 86.2K THE MAIN WALL
- 3.1K A-C, Heat Pumps & Refrigeration
- 53 Biomass
- 422 Carbon Monoxide Awareness
- 90 Chimneys & Flues
- 2K Domestic Hot Water
- 5.4K Gas Heating
- 99 Geothermal
- 156 Indoor-Air Quality
- 3.4K Oil Heating
- 63 Pipe Deterioration
- 915 Plumbing
- 6K Radiant Heating
- 381 Solar
- 14.8K Strictly Steam
- 3.3K Thermostats and Controls
- 53 Water Quality
- 41 Industry Classes
- 47 Job Opportunities
- 17 Recall Announcements