All S-Corporations in Massachusetts must file their Annual Report before 03/15/2024 to ensure your business entities remain in good standing with the state office and avoid potential fees and state penalties. Failure to file an annual report may result in:
1. State-imposed fines and penalties.
2. Possible suspension or involuntary dissolution of your businesses.
3. Liens against the PERSONAL Assets of shareholders.
A brief call or email to your Bookkeeper or CPA from you today can make sure your business is healthy and in Good Standing. We’re always here to handle all your paperwork so you can focus on what you do best – growing your business.
Patricia de Oliveira
Maple Bookkeeping Services
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