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Want to see how we can save you thousands? Book a free demo with our team: https://taxelm.com/call/ Need ongoing help from tax experts? Check this out: https://taxelm.com/features/ Is Your Business Legal? Entity Compliance Explained (2024 Update) Starting a business is exciting, but staying compliant with the law? That part can be confusing. In this video, I sit down with Nellie Aculp from CorpNet to talk about the legal stuff every business owner needs to know. We break it all down in simple terms, what filings you need each year, the difference between LLCs and corporations, and how to avoid the most common mistakes. Nellie even shares a real story about how they missed a deadline... yes, even the pros can mess up! If you want to keep your business on track and out of legal trouble, this video is a must-watch. ✅ Topics we cover: Annual reports & state filings Common compliance mistakes LLC vs Corporation: What’s better for you? Should you form your business in Delaware or Nevada? What happens if you miss a deadline? 👉 Want help starting or managing your business the right way? Check out CorpNet here: https://www.corpnet.com/?PID=1071 🎯 Whether you're just getting started or already running a business, this video will help you stay compliant without the confusion. 💬 Drop your questions in the comments, we’ll answer them! #llc #smallbusinesstips #businesscompliance #corpnet