Biz Write-Offs LogoBiz Write-Offs

LLC annual report fee

$0-$800/yr

Can You Write Off LLC Annual Report Fee?

Short answer: Yes: state annual report and franchise tax fees for your LLC are deductible.

California's $800 minimum franchise tax is deductible as a business tax.

Records to keep: Keep receipts or invoices, proof of payment, and a short note of the business purpose.