If you’ve missed the June 30, 2025 deadline to file your Wyoming Annual Report and pay the License Tax, you’re not alone. Many founders assume that silence means compliance—but in Wyoming, failure to file leads to administrative dissolution and the potential loss of your company’s legal standing. Let’s walk through what this means, what it costs, and how to fix it fast.
Relevant IRC Codes & Definitions
Although Wyoming’s reinstatement process is regulated by state law, here are the applicable federal references to know:
- IRC §162 – Reinstatement fees and state taxes may be deductible as ordinary business expenses if directly tied to the business.
- IRC §6012 & §6031 – These sections govern federal return filing for corporations (1120, 1120-S) and partnerships (1065), which remain required even if your Wyoming entity is inactive or dissolved.
You may still need to file federal returns, even if your state entity was suspended.
IRS & State Form References
IRS Forms (still required depending on structure):
- Form 1065 (Partnerships/LLCs with multiple members)
- Form 1120 or 1120-S (Corporations and S Corporations)
State Forms:
- Annual Report + License Tax (delinquent filing)
- Reinstatement Application (if entity was dissolved)
Key Dates:
- Missed Deadline: June 30, 2025
- Administrative Dissolution: Typically occurs 60–90 days after missed deadline
- Reinstatement Allowed: Within two years of dissolution
Real-World Example
Imagine NextPhase Systems LLC, a Wyoming software company, forgot to file its 2025 Annual Report. On September 10, the company was administratively dissolved.
Consequences:
- Public status marked “Inactive – Administratively Dissolved”
- Business bank account flagged
- Contracts delayed due to lack of good standing
- Required to file a Reinstatement Form, pay back taxes, and a $60 reinstatement fee
Total Cost:
- $60 (minimum license tax)
- $25 (late penalty)
- $60 (reinstatement fee)
= $145 minimum to reinstate, not including interest
Step-by-Step Guide for Reinstatement
- Check Entity Status on the Wyoming state business portal
- Download and complete the Reinstatement Application
- File all past-due Annual Reports (for each year missed)
- Pay back license taxes, late penalties, and $60 reinstatement fee
- Submit documents and payment to the Wyoming Secretary of State
- Receive confirmation of reinstatement and resume legal operations
Conclusion
Missing the Wyoming Annual Report deadline isn’t the end of your business—but it is a risk. The longer you wait, the more you’ll pay. If caught early, reinstatement is straightforward and affordable. If ignored, it could permanently damage your company’s credibility.
Call to Action
If you’ve missed the 2025 Wyoming Annual Report deadline, act now to protect your business.
Anshul Goyal, CPA EA FCA, is a licensed Certified Public Accountant in the United States, admitted to practice before the IRS as an Enrolled Agent. He provides tax litigation representation and supports cross-border compliance for American founders and Indian entrepreneurs operating in the U.S.
👉 Book a meeting today with Anshul Goyal, CPA, and let us handle your reinstatement and compliance with zero hassle.
Disclaimer: This blog is provided for informational and educational purposes only. It is not intended as a substitute for personalized legal, tax, or financial advice. The content herein does not establish a client-accountant relationship and should not be relied upon to make business, tax, or legal decisions without consulting a qualified professional.
FAQs (Top 5 High-Searched)
Q1. What is the penalty for missing the Wyoming Annual Report deadline?
A1. A $25 late fee, plus interest, and risk of administrative dissolution.
Q2. Can I reinstate my Wyoming LLC after dissolution?
A2. Yes, within two years by filing a reinstatement form and paying all back fees.
Q3. What happens if I don’t reinstate?
A3. You lose the right to operate under that LLC name and may face IRS implications for unreported income.
Q4. Is the reinstatement fee tax-deductible?
A4. Generally yes, under IRC §162 as an ordinary business expense.
Q5. Do I still need to file federal returns if the LLC was dissolved?
A5. Yes. Federal reporting requirements are separate and still apply if business activity occurred.
About Our CPA
Anshul Goyal, CPA EA FCA is a U.S.-licensed CPA, IRS Enrolled Agent, and Chartered Accountant from India. With 15+ years of experience, Anshul has helped thousands of clients reinstate businesses, resolve IRS issues, and save over $200M in taxes. He leads a cross-border tax practice supporting U.S. founders and Indian entrepreneurs across compliance, litigation, and strategy.