c4bd17ed37
- Holdings OA: redrafted as single-member, removed trust/estate provisions, expanded IP authority, removed logo - REMINDERS.md: Indiana LLC compliance/maintenance schedule - Hospitality Group OA: full multi-member agreement reflecting negotiated terms — tiered buyback (100/75/50/0), ROFR, forfeiture for cause, grant finder fee, proportional investment equity, outcome-based metrics, mutual consent on major decisions, Operations Director role, shared escalation responsibility - Hospitality Group Overview: matching HTML summary document - T-00 (Daily Pour): directory structure, README, materials.csv with equipment/pricing/links, branding assets, mockups, floorplan - README: updated 5-year growth plan, equity terms, roles
141 lines
5.6 KiB
Markdown
141 lines
5.6 KiB
Markdown
# SnS Network Solutions Holdings LLC — Compliance & Maintenance Reminders
|
||
|
||
**Entity:** SnS Network Solutions Holdings LLC
|
||
**State:** Indiana (St. Joseph County)
|
||
**EIN:** 42-4099038
|
||
**Formation date:** July 27, 2026
|
||
**Registered agent:** Samuel S. James, 759 Boxwood Drive, South Bend, IN 46641
|
||
**Admin domain:** snsnetworksolutions.net
|
||
**Tools:** Google Workspace (Drive, Docs, Sheets, Calendar)
|
||
|
||
---
|
||
|
||
## Annual / Recurring Obligations
|
||
|
||
### 1. Business Entity Report (every 2 years)
|
||
|
||
| Field | Detail |
|
||
|-------|--------|
|
||
| **What** | Indiana Business Entity Report |
|
||
| **Due** | Every 2 years, in your formation anniversary month (**July**) |
|
||
| **First due** | **July 2028** |
|
||
| **Cost** | $32 online |
|
||
| **Where** | [INBiz](https://inbiz.in.gov) → My Filings → File a Report |
|
||
| **Consequence of missing** | Administrative dissolution — the LLC ceases to exist in the eyes of the state |
|
||
|
||
**How to file:**
|
||
1. Log into INBiz (your account is already set up — see `inbiz-account-setup.md`)
|
||
2. Navigate to your entity: SnS Network Solutions Holdings LLC
|
||
3. Click "File a Report"
|
||
4. Confirm: registered agent name/address, principal office, member name
|
||
5. Pay $32 (card)
|
||
6. Save the confirmation receipt to Google Drive → `Holdings/Compliance/`
|
||
|
||
**Calendar reminder:** Set for June 1 of every even year (2028, 2030, 2032…) — gives you a full month buffer before the July deadline.
|
||
|
||
---
|
||
|
||
### 2. Registered Agent Obligation (ongoing)
|
||
|
||
You are your own registered agent. This means:
|
||
|
||
- You must be **available at 759 Boxwood Drive during normal business hours** to accept service of process (legal papers, state correspondence)
|
||
- If you move, travel extended periods, or can't reliably be there — **appoint a commercial registered agent** ($100–300/yr) and update INBiz within 30 days of the change
|
||
|
||
**If your address changes:**
|
||
1. INBiz → entity → "Change of Registered Agent/Office"
|
||
2. Update this document
|
||
3. Update the Operating Agreement (§2)
|
||
|
||
---
|
||
|
||
### 3. Tax Filing (annual)
|
||
|
||
| Field | Detail |
|
||
|-------|--------|
|
||
| **Federal** | As a single-member LLC, the entity is **disregarded** — report on your personal 1040 (Schedule C or Schedule E depending on activity) |
|
||
| **Indiana state** | Indiana does not have a separate LLC annual tax/franchise tax. Your LLC income flows to your personal Indiana IT-40. |
|
||
| **Due** | April 15 (same as personal return) — or extension deadline (October 15) |
|
||
|
||
**When this changes:**
|
||
- If you elect S-corp treatment → Form 1120-S due March 15 + K-1 to yourself
|
||
- If you add members → partnership return (Form 1065) due March 15
|
||
|
||
**For now:** Nothing extra to file. Your CPA handles it with your personal return. Just keep Holdings income/expenses tracked separately (even if $0).
|
||
|
||
---
|
||
|
||
### 4. Bookkeeping (ongoing — even if $0)
|
||
|
||
Maintain a separate ledger for Holdings, even if nothing flows through it yet. This proves the entity is real and separate from you personally.
|
||
|
||
**Minimum:**
|
||
- Dedicated bank account (no personal transactions through it)
|
||
- Track: any capital contributions, any distributions, any expenses (filing fees, LegalShield, domain renewal)
|
||
- Year-end: produce a simple P&L and balance sheet (even if it's $32 filing fee and $0 revenue)
|
||
|
||
**Tool:** Google Sheets → `Holdings/Financials/` — one sheet per year is fine until there's real volume.
|
||
|
||
---
|
||
|
||
### 5. Domain Renewal
|
||
|
||
| Domain | Registrar | Renews | Cost |
|
||
|--------|-----------|--------|------|
|
||
| snsnetworksolutions.net | TBD — confirm | TBD — confirm | ~$12–15/yr |
|
||
|
||
**Action:** Confirm the registrar and renewal date. Set a calendar reminder 30 days before expiry. Consider enabling auto-renew.
|
||
|
||
---
|
||
|
||
## One-Time Items (do once, then done)
|
||
|
||
| Item | Status | Notes |
|
||
|------|--------|-------|
|
||
| Sign the Operating Agreement | **TODO** | Print, sign, date, scan to Drive `Holdings/Legal/` |
|
||
| Open Holdings bank account | **TODO** | Bring: EIN letter (CP 575 G) + signed OA + certificate of organization |
|
||
| Store formation docs in Drive | **TODO** | Certificate of org, EIN letter, signed OA, INBiz receipt → `Holdings/Legal/` |
|
||
| Set calendar reminders | **TODO** | BER (June 1, 2028), domain renewal, LegalShield renewal |
|
||
|
||
---
|
||
|
||
## Subsidiary Formation Checklist (repeat per sub)
|
||
|
||
When you form a new subsidiary under Holdings:
|
||
|
||
1. Confirm name on INBiz
|
||
2. File Articles of Organization ($95) — list Holdings LLC as sole member
|
||
3. Get EIN for the sub (IRS online, free)
|
||
4. Draft subsidiary operating agreement — Holdings as sole member
|
||
5. Open subsidiary bank account (separate from Holdings and personal)
|
||
6. Record the subsidiary in Holdings' decision log
|
||
7. Set the sub's own BER reminder (2 years from its formation month)
|
||
|
||
---
|
||
|
||
## Key Dates Summary
|
||
|
||
| Date | Event | Action |
|
||
|------|-------|--------|
|
||
| July 27, 2026 | Formation | Done ✅ |
|
||
| **June 1, 2028** | BER reminder fires | File report on INBiz ($32) before end of July 2028 |
|
||
| **July 2028** | BER deadline | Must be filed or entity faces admin dissolution |
|
||
| Every 2 years after | BER | Repeat |
|
||
| April 15 annually | Tax (personal return includes Holdings) | CPA handles — just provide the separate Holdings ledger |
|
||
|
||
---
|
||
|
||
## Where Things Live
|
||
|
||
| What | Where |
|
||
|------|-------|
|
||
| Legal docs (signed OA, cert of org, EIN) | Google Drive → `Holdings/Legal/` |
|
||
| Compliance receipts (BER confirmations) | Google Drive → `Holdings/Compliance/` |
|
||
| Financials (ledger, P&L) | Google Sheets → `Holdings/Financials/` |
|
||
| This repo (working docs, drafts, branding) | `sns-network-solutions/businesses/00-holdings/` |
|
||
| Passwords/secrets | Bitwarden |
|
||
|
||
---
|
||
|
||
*This is a maintenance checklist, not legal advice. Confirm deadlines with your CPA and attorney.*
|