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Pro tip: that $99 online LLC filing service cost me $1,400 in fees later
I used one of those cheap online services to set up my LLC two years back because I didn't want to pay a lawyer $800. Filled out the form, paid the $99 plus the state fee, got my papers, felt great. Then a year later I got a letter from the state saying my business wasn't in good standing because the registered agent address they listed was wrong. Turns out the service put their own address in the filing and never told me, so I never got the annual report notice. I had to hire an actual business lawyer in Austin to fix it, and by the time she filed the paperwork and got the state to reinstate me, I was out $1,400 between her fee and the penalties. She told me this happens all the time with those cheap filing companies because they cut corners on the stuff that actually matters. Anyone else get burned by a quick online setup, and did you end up needing a real lawyer to clean it up?
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nina_hall4820d ago
My cousin did the same thing with one of those cheap services and they never told her about the annual report either. She ended up getting a notice two years later saying her LLC was dissolved and it cost her way more to fix than if she had just paid someone upfront. The worst part is the state doesn't care whose fault it was, they just want their money.
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