Small Business Resources

For S-corp owners, LLCs, and sole proprietors — plain-English steps, real deadlines, and links to file. No jargon, no guesswork.

What's Covered Here

Jump to the topic that applies to you. Each section tells you what it is, who needs it, when it's due, and the gotchas a government website won't mention.

1

Statement of Information

2

Estimated Tax Payments

3

$800 Franchise Tax

4

EIN Application

5

Seller's Permit

6

1099-NEC Filing

Statement of Information (CA SOS)

California LLCs must file an initial Statement of Information within 90 days of registration, then every two years. It covers your addresses, managers/members, and agent for service. File online at bizfileOnline.sos.ca.gov — fee is $20.

How to File on bizfileOnline — Step by Step

01

Create Your Account

Set up access at bizfileOnline.sos.ca.gov using the Account Setup Guide. First-time filers must do this before filing anything.

02

Find Your LLC

Use Business Search with your LLC name or 12-character entity ID. Click into your entity's detail page.

03

Choose the Right Form

Use Statement of Information (LLC-12) for addresses/members/agent changes. Use LLC-2 only if changing your LLC name or management structure.

04

Submit & Save

Review the summary carefully, pay the $20 fee, then download your confirmation for your records.

Estimated Tax Payments & the $800 Franchise Tax

Quarterly Estimated Taxes

Both federal (IRS) and California (FTB) require quarterly payments if you expect to owe $500+ (CA) or $1,000+ (federal). Missing these means underpayment penalties — even if you pay in full at year-end.

CA Annual $800 Franchise Tax

Nearly every CA LLC and S-corp owes this — regardless of income. Due by the 15th day of the 4th month of your tax year. New LLCs: first payment is due within 3.5 months of formation.

EIN & Seller's Permit — Get These First

EIN (Federal Tax ID)

Apply free at IRS.gov — takes about 10 minutes online. You need this before opening a business bank account, hiring employees, or filing most business returns.

Seller's Permit (CDTFA)

Required if you sell taxable goods or certain services in California. Register free at cdtfa.ca.gov. Don't collect sales tax without one — and don't forget to file returns once registered.

S-Corp Election & 1099-NEC Filing

S-Corp Election (Form 2553)

File with the IRS to be taxed as an S-corp. Timing is critical — must be filed within 2 months and 15 days of the start of the tax year you want it to apply. Late elections can sometimes be fixed, but it's a headache.

1099-NEC for Contractors

Paid a contractor $600 or more during the year? You must file a 1099-NEC by January 31. Collect a W-9 before you pay — chasing it down in January is no fun.

Which Deadlines Apply to Me?

Find your entity type and see what's on your plate.

About Claudio — Your Glendale CPA

This resource hub is built by a licensed California CPA who works with S-corp owners, real estate investors, and small business owners. The "common mistakes" notes throughout this site? Those come from real client situations.

CA Licensed CPA

S-Corp Specialist

Glendale-Based

Want a Second Set of Eyes?

Filing this yourself is totally fine — that's why this page exists. But if you'd rather have someone check your work or just talk through your situation, book a free 15-minute consult. No pressure, no pitch.