Who Must File RCT 101?

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A corporate tax return must be filed as long as an organization remains a registered corporation, even if no business was conducted. In such a case, RCT-101-I, Inactive PA Corporate Tax Report, must be filed. A corporation with any activity, real property, other assets or income is not considered inactive.
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Businesses in Pennsylvania that are obligated to collect sales tax or use tax must submit an RCT 101 tax return. The amount of sales tax collected and use tax owing to the state is reported on this return. Depending on the amount of tax payable, the RCT 101 must be submitted on a monthly, quarterly, or annual basis.

Retailers, wholesalers, manufacturers, and any other firm that sells tangible physical property or taxable services are examples of businesses that must submit the RCT 101. You must gather and send sales tax on all taxable transactions if your company has a physical presence in Pennsylvania. Additionally, you must additionally collect and submit sales tax if your company sells to customers outside of Pennsylvania but delivers the goods inside the state.

In Pennsylvania, a limited professional company (RPC) is a particular kind of corporate entity created with the intention of offering professional services like legal or accounting services. RPCs may be obliged to file the RCT 101 if they collect sales tax or use tax as they are subject to the same tax rules as other businesses.

It’s simple to check the status of your LLC in Pennsylvania. To locate your LLC, go to the website of the Pennsylvania Department of State and use their business entity search tool. The status of your LLC, including whether it is active or not, will be revealed by this tool.

Depending on the Department of State’s workload, Pennsylvania’s approval process for LLCs can take a while. If you file an LLC online, it typically takes 7 to 10 business days for it to be accepted. The approval of your LLC could take up to 15 business days if you file by mail.

The Department of State’s business entity search tool can be used to check up an LLC in Pennsylvania. You can use this tool to look up LLCs by name, ID, or registered agent. Once you’ve located the LLC you’re looking for, you can examine its status as well as details like its registered address and formation date.

In conclusion, companies in Pennsylvania that must collect sales tax or use tax must submit the RCT 101 tax return. Retailers, wholesalers, producers, RPCs, and any other company that sells tangible personal goods or taxable services are included in this. The Department of State’s website makes it simple to look up an LLC in Pennsylvania and check its status. If submitted online, the approval process for an LLC in Pennsylvania might take anywhere from 7 to 10 business days.

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