Any body know when 910 Baron Rouge flipped from sports to spanish?
The FCC doesn't care a licensee's state filing status. As long as they follow the FCC rules and pay their fees, that's all the FCC cares aboutThis station's owners failed to file last year and are not in good standing:
https://opencorporates.com/companies/us_la/43318076K
The FCC doesn't care a licensee's state filing status. As long as they follow the FCC rules and pay their fees, that's all the FCC cares about
In Texas, LLCs are required to file annual franchise tax reports. If they miss several in a row, that can lead to deactivation of the LLC. Trying to get caught up, cost $75/yr fee and filing of all IRS paperwork for the missing years....Elaborating a little bit, filing status doesn't mean much for most businesses. If it's an LLC, it's probably taxed as a sole-prop or partnership anyway. When the charter is administratively dissolved, the business just goes back to being a sole-prop or partnership. It's entirely possible that the operator(s) of the station wanted that for some reason and just didn't file the report to go ahead and move in that direction. They might eventually need to file a form 316 with the FCC if that's the case, though. The main benefit being an LLC provides is that it can be taxed flexibly (as a sole-prop/partnership or as a corporation) from year-to-year.
I will say, however, that most states don't require LLC's to file annual reports. Corporations have to do that, but LLC's are almost perpetual in most states.