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Capstone kaplan riyadh do my menginap di copthorne hotel cameron highland key management service report the following information is provided for educational purposes only and in no way constitutes legal tax or financial advice for legal tax or financial advice specific to your business needs we encourage you to consult with a licensed attorney and/or a CPA in your state the following information is copyright protected no part of this lesson may be redistributed copied modified or adapted without prior written consent of the author as we mentioned earlier there are on Gumm requirements with the state of Colorado the first of these is called the periodic report which we will discuss in this lesson the second of these is filing your LLC's taxes we will discuss taxes in the next lesson each year you are required by law to keep the state of Colorado updated with your LLC's contact information you do this by filing what's called a periodic report along with filing your periodic report you must also pay the annual filing fee you will find the annual filing fee amount listed below this video the periodic report can be filed five months out of the year two months prior to the periodic report month the periodic report month itself and two months after your periodic report month is the month in which your LLC was formed for example if your LLC was formed on June 15th then your periodic report month is June therefore you'll need a file your periodic report between April and August of each year but no later than August 31st again that's two months prior to the periodic report month of June and two months after we recommend filing before the end of your periodic report month every year just to keep things simple if you're unsure what month your LLC was approved you can find its approval date in your articles of organization the state will send you an email reminder approximately one week your periodic report month begins even if you do not receive a reminder notice it is still your responsibility to file your periodic report on time each year for this reason we recommend putting a repeating reminder on your calendar if the periodic report is not filed on time your LLC will be marked as non-compliant and the state will charge you a late fee of $50 if you continue to ignore this requirement your LLC will be marked as delinquent which will prevent you from doing business in the state there's no option to file your periodic report by mail since Colorado does everything online you will need to review your LLC's contact information online then submit your periodic report electronically and pay the filing fee on the state's website the filing fee must be paid with a debit or credit card the state only accepts Visa Mastercard or American Express filing online is simple and only takes a few minutes we are now ready to show you how to file your periodic report the link below this video will take you to the state's website let's get started here we are at the state's website under the record identification or ID search to the right of the business name field you're going to enter the first few words of your LLC you do not need to include the designator LLC or L dot l dot c dot since we're just doing a search and also capitalization doesn't matter so it can be uppercase or lowercase or any variation I'm now going to paste in a sample company that's on record in Colorado and I'm gonna be using for demonstration purposes okay this company is called rotten apples LLC once I enter that name at the box I'm going to click the search button you'll see that the state searches the entire database for all businesses that include that name but the one I'm interested for this example is the one that's in good standing most likely if you search your LLC name you might just only see one record where you'll see a number just make sure you're selecting your actual LLC once you see your LLC in the list go ahead and click the ID number that's gonna take you to a confirmation page make sure the information in this box is yours then at the bottom where it says I confirm that I am authorized to make changes you're going to click confirm ok here we are at the periodic report this is going to look very similar to when you formed your LLC and you followed your articles of organization online this is where a lot of that information is pulled from so we're simply going to scroll through the periodic report and confirm that our information is up-to-date or if we need to make any changes to addresses or any other information we're going to do so and then pay the fee and submit it online all right let's scroll down and get started at the top you'll see the filing fee as well as the name of your LLC and the first section principal office address if your address has not changed you can leave everything as is or if your address has changed go ahead and make those changes there for this example let's say there are no changes I'm gonna then scroll down to the next section which is registered agent same thing here if you need to make changes to your registered agent you can do so if it's an individual person such as yourself a friend or a family member who's now the registered agent for the LLC you're gonna put in their last name and their first name or if your LLC is representing itself as its registered agent or you've hired a third party you would put that name in here then you're going to go ahead and fill in the street address information again you may not need to make any changes so if you don't leave everything as is or update it as necessary let's go down to the next section email notification if you've submitted your email address along with your initial filing then you can check off the first option which says my email address has already signed up for this record if not I recommend you check yes and put your email address in this box here what that's going to do is it's going to send you an email anytime there are any documents filed for your LLC in this case I'm going to check off the first one that states the email address is already on file scrolling down into the next section the names and address of individuals causing this document to be delivered for filing this is going to be yourself personally responsible for submitting a document you're going to go ahead and fill in last name first name and your address then down here where it says additional individuals causing this document to be delivered for filing you can just select no as only one person is required to file the document even if you're a multi-member LLC you can still select now I'm gonna go ahead and paste in some sample information and then we'll proceed okay I've pasted in the sample information once you have your information filled in here you're gonna scroll down and then click Submit on this next page the transaction preview wait a few seconds and a preview of the document is going to load in the window please scroll through make sure there are no typos or any errors at the bottom of this page if there are any errors or any corrections you need to make just click return to form and then make those if everything looks good go ahead and hit the accept button on the next page the online payment section if you scroll down what you're going to do is you're going to select your card type enter your card number the expiration date the name on the card and then the billing address that's associated with that credit card down here where it says pay using a prepaid account this does not apply so you can leave this section blank once you have all your credit card and billing information correct you're going to click the Pay Now button unfortunately I'm unable to take you past this step since this isn't my entity and I don't actually need to file a periodic report for rotten apples LLC it's just used for example purposes however once you click pay now on the next page you will get a confirmation message and then what you can do is you can print that page out for your records you don't need to but if you'd like to you can if you have any issues while filing your periodic report are you having other questions about it you can contact the state at the phone number below this video once you file your periodic report that completes this lesson but this is an ongoing requirement in the state of Colorado so make sure that you do this every year and that concludes this lesson software engineering capstone projects Law Center, Central Islip.