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INT 2 1 Bank Franchise Tax Schedule BF  Form

INT 2 1 Bank Franchise Tax Schedule BF Form

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hey what's up everybody this is attorney Dan Nguyen and today I want to talk about when is your annual franchise tax due for your California LLC and this is updated for 2023. now uh at the start of the pandemic uh the governor did signed in a law that gives the first year franchise tax for llc's uh they are waived so uh on this side on this page here you'll see straight from the franchise tax board for llc's llps uh and LPS that register organize or file with the secretary on or after January 1st 2021 and before January 1st 2024 so the deadline is December 31st 2023 or before if you filed between January 1st 2021 and December 31st 2023 your annual franchise uh tax for the first taxable year is free so if you filed on say January 1st 2022 your 2022 is your first taxable year so you would have to pay for 2023 and Beyond okay so when do you have to pay the second one okay so I'm gonna this page here says uh the annual tax every uh LLC that does business in California Miss paying Attucks 8

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