There are mailers going around to businesses from a company called C.F.S. (Connecticut LLCs) with the title “2021 Annual Report Instruction Form.” This letter states that they will help CT businesses file their Annual Report for a fee of $120. The letter also indicates that it “is not a government agency and does not have a contract with a government agency to provide this service.” There is no reason to pay the fee to this company to do it for you; it is an attempt to con small businesses into paying for a service that is significantly lower than what they are charging.
Businesses do need to file an Annual Report with the Secretary of State on the CONCORD website. It costs $80 (previously $20) and is done online by either you, the business owner, or by us if we are engaged by you to do it as part of our bookkeeping services. It is very simple and certainly does not require a service charge.
If you have received this letter from CFS, do not send them money. You can check on CONCORD to make sure your Annual Report filing is up to date, and if not, you can “file” the report, which is simply paying the $80 fee after ensuring all the information is accurate.
Stay vigilant and reach out to us if you ever have ANY doubt about what you get in the mail. We are, as always, here to help.