Revamped Reporting: Kansas Businesses Shift from ‘Annual Reports’ to Biennial 'Information Reports' in 2024
ARTICLE | January 16, 2024
Authored by BT&Co.
Kansas Secretary of State Scott Schwab is reminding Kansas businesses to embrace a positive change starting in 2024. Previously, Kansas businesses were required to file annual reports with the Secretary of State’s office each year. Now, instead of filing an “Annual Report,” businesses will submit the same information every two years on an “Information Report.” This change stems from a 2021 legislative change Schwab anticipates will “reduce paperwork for Kansas business owners, allowing them to focus more on their business and less time with the government.”
- New businesses formed in an even year will file their first information report in the next even year and subsequent reports in even years thereafter.
- New businesses formed in an odd year will file their first information report in the next odd year and subsequent reports in odd years thereafter.
- Existing businesses will file based on the year their formation documents were first filed with the Kansas Secretary of State.
It’s important to note this modification does not impact the month and day the report is due, only the year. To read more on the update from the Secretary of State’s office, click here, or to perform a Business Entity Search and your entity’s formation date, click here.
Let's Talk!
Call us at (785) 234-3427 or fill out the form below and we'll contact you to discuss your specific situation.
From our founding in 1913 as a branch of Washington, Henry & Co., Federal Tax Consultants to officially becoming BT&Co. in 1989, a lot has changed – in our firm, our community, and in our profession. At the same time, many things at BT&Co. have stayed the same – our commitment to our community and our passion for helping our clients achieve success in their professional and personal lives.
If you need an accountant for your annual audit, that darn tax return, or to help grow your business, we are here. Let’s simplify your life and have a little fun along the way.
For more information on how BT&Co., P.A. can assist you, please call (785) 234-3427.
Let’s Talk!
Call us at (785) 234-3427 or fill out the form below and we’ll contact you to discuss your specific situation.