An EIN may be required for a business entity to open a bank account, establish vendor accounts, hire employees or for other reasons. It acts much like a social security number for the business.

Change your business information on file with the state for any reason, whether that information has changed, or it was originally filed incorrectly.

Most states require an update of critical information annually. This is generally not a financial report.

Also known as an Periodic Report, Statement of Information or Annual Registration Fee. Periodically, the state requires the a report be filed for a business to ensure updated information on file and so the state knows the business is still in operation. Many states allow changes to address, registered agent information, directors or officers information at no extra charge when filing this report. Most states do not require any financial information during these reports.