Cumberland works out your Tennessee LLC's franchise tax on net worth and excise tax on net earnings past the $50,000 deduction, keeps the FAE-170 and the separate annual report on their dates, and will not let either go in short.
Opens in this browser with an invented performer's LLC already in it. No account, no email address, nothing installed. Never holds a Social Security number, a tax account login or a bank account.
The problem
Tennessee charges an LLC franchise tax of 0.25% of net worth - never under $100, active or not - and 6.5% excise on net earnings past $50,000, on the FAE-170 by April 15. The annual report to the Secretary of State is separate, $300 at least.
Not a reminder. The FAE-170 is refused before the year ends, twice, without net worth or net earnings, or short of both taxes and any late penalty. The annual report is refused twice, without the members, or short of its fee. Nothing is deleted.
How it works
Net worth to franchise, net earnings to excise.
Both taxes, by April 15.
$50 a member, at least $300, by April 1.
What it will never do
Cumberland holds returns and reports, nothing more.
Pricing
For one LLC.
The FAE-170 and the annual report.
Monthly. Your bank statement says Cumberland Software. Your licence key is on your screen as soon as the payment confirms.
Pay by card through Square, on Square’s own checkout page — we never see or store your card number. Or pay with bitcoin through our own bitcoin server. Either way you come back here, type your business name, and your licence key is on the screen — no email, no waiting on us.
Questions
It still owes the $100 minimum franchise tax, and the annual report.
Then franchise and excise tax do not reach you - Cumberland is for the LLC.
Excise tax is 6.5% of net earnings past the first $50,000.
No. It is the arithmetic and the record.
The demo on this page is the whole program, running on invented records. Paying gets you a licence key — one line of text, on your screen as soon as the payment confirms: the checkout brings you back to our thank-you page, you type your business name and the key appears. Paste it into the program and from then on it keeps your own records. Until then, nothing you type into it is kept.
The key is checked inside the page, on your own machine. It never calls us, so there is still no account and nothing about your business goes anywhere. If you ever stop paying, your records stay exactly where they are, read-only, and Export still hands you every one of them.
An invented Nashville performer's LLC has two years filed - last year is waiting.