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Next year, it's certified snail mail...

By Fred Cederholm  Posted by Roy S. Carson (about the submitter)       (Page 2 of 3 pages) Become a premium member to see this article and all articles as one long page. (View How Many People Read This)   1 comment
Author 16948
Message Roy S. Carson

Fees are charges made by agencies of the state to fluff their cash flow. New ones spring up like fungi in the night. A couple of years ago, my FWC17 car license plates became "personal plates" and I got dinged for a premium fee. It wasn't as bad as the fees levied on vanity plates (like QTPIE1), but they were an increase in revenues to the state and increase in expense for me. Fees are politically correct, or at the very least political. A few bucks here, a few bucks there, and soon you are talking real money.

Every year those businesses incorporated in a state must update their information in the domiciles which granted their incorporation. Was there a change in President? Was there a change in Secretary? Was their a change in the directorship? Was there a change in address? Were there any changes in outstanding shares of stock?

Roughly what are the gross assets and revenues of the corporation and how much occurs in Illinois?

My Questions, Inc. is a small corporation -- so I pay the minimum. The Franchise Tax is now a minimum of $25.00 and the filing fee is a flat $75.00. A decade ago these combined charges were $50.00. I learned a long time ago that when I sent anything to the state, I need to mail it by certified mail with a return request green postal card. This will prove that: "yes I sent it," and "yes, they got it. Such precautions cost money, but are worth it. I learned this the hard way years back.

A few years ago, I could do the filing on-line. At first there were no extra charges for this service, AND you got an emailed receipt! Last year I was dinged with a "processing charge" of $3.50, which was still cheaper than certified mail. This year I learned that the "processing charge" was $5.00 and there was a new "super expedite" charge of another $50.00.

Nothing had really changed except that I NOW had to pay $155.00 for what should have been a $100.00 filing!

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Roy S. Carson is veteran foreign correspondent (45+ years in the business) currently editor & publisher of VHeadline Venezuela reporting on news & views from and about Venezuela in South America -- available for interviews -- call Houston (more...)
 
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