Important Non-Income Tax Deadlines

Franchise Tax Deadlines

Texas

All entities except Sole Proprietorships | May 15 (or the following business day) | Calculated on "Margin". No tax is owed if revenue is under $2.47M (2025). Penalty: 5% plus interest per month | Texas Comptroller |

California

Corporations, LLCs, LPs | 15th day of the 4th month following the fiscal year-end
(e.g., April 15 for a December fiscal year-end) | Minimum tax of $800. LLC fee varies with income. Penalty: 5% + $X/month + interest | CA FTB |

Delaware

Corporations, LLCs, LPs | March 1 (Corporations)
June 1 (LLCs) | Calculated on authorized shares or assumed par value. Penalty: $200 plus interest per month | DE Division of Corporations |

New York

Corporations, LLCs | March 15 (Tax Year concludes Dec 31) | Determined by NY-source income. Penalty: 10% plus interest per month | NY Dept of Tax |

Nevada

Corporations, LLCs | Due alongside Annual Report (Refer Below) | No Franchise Tax, just an Annual Report fee.| NV SOS |

Annual Report Deadlines

Florida

North Carolina

Corporations. April 15 annually | $20 for online filing, $25 for paper filing | $200 penalty for submissions after May 15 | • Must file online through the NC Secretary of State portal • Late filings may result in administrative dissolution |

LLCs. April 15 each year | $200 fixed fee| $200 fine for late filing after May 15|

*South Carolina

Corporations | 15th day of the 3rd month following FYE (March 15 for December FYE) | $10 for online filing + $15 minimum tax | $25 late fee plus interest | • "Annual License Tax" calculated on capital. Submit through SC Business One Stop
LLCs | April 1 each year | $0 report fee ($15 minimum tax) | $25 late fee | • Report fee is waived but tax is mandatory. Initial report due 18 months post-formation |

Georgia

Illinois

Corporations. Final day of the anniversary month (e.g., May 31 for a May formation) | $75 plus franchise tax (minimum $25 tax) | $100 penalty plus interest | • Franchise tax calculated on paid-in capital
• Submit through the IL Secretary of State |

LLCs | Final day of the anniversary month | $75 fixed fee | $100 penalty | • No franchise tax for LLCs. Filing required even if inactive

Sales Tax Reporting Deadlines

Texas

Monthly | 20th of the subsequent month (e.g., January sales are due by February 20) | 5% penalty (minimum $1) plus interest | TX Comptroller ||

Quarterly| 20th of the month following the quarter's end (e.g., Q1 concludes Mar 31 → Due Apr 20) |

California

New York

Monthly | 20th of the subsequent month | Whichever is higher: $50 or 10% of the tax due, plus interest | NY DTF || | Quarterly | 20th of the month following the quarter's end

Florida

Monthly/Quarterly | 20th of the next month (Monthly) 20th following the quarter's end (Quarterly) | 10% penalty (minimum $50) plus interest | FL DOR |---

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Important Non-Income Tax Deadlines