As of yesterday, there will be a big reduction in startup and annual filing fees for LLCs. This is welcome relief for the Illinois small business community. "The filing fee for new LLCs drops from $500 to $150 and annual report fees drop from $250 to $75." The new legislation also lowers the impact of other fees associated with LLCs.
If you're thinking about starting a new business, call our attorneys to set up a consultation today.
Full press release available at http://snip.ly/l9cjr
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Small Business and the New Tax Bill: What You Need to Know