Discern

Two questions: 1. Does anyone recognize the pattern in this photo? 2. Does anyone know what a ""Business Entity File Number" is? You'll need one if you want to file a Delaware annual tax for your LLC(s). Here's your annual reminder: if you have any Delaware LLCs or LPs, you have to file your annual tax by the end of this week. If you still like using secretary of state websites, you can file here:(https://lnkd.in/eZfzCECJ). Like I said, you'll need your entity file number, which you can grab from here if you haven't memorized it: (https://lnkd.in/eH9-mfd9). If you don't want to do that, or you have a lot of these, you can file them directly from Discern. You'll never have to look up your entity number, remember this is due (or whether you filed it already), or visit one of those websites again. On the pattern: over the weekend my 4 year old started handing me markers and asked me to squiggle lines, and we accidentally reinvented the pattern on every disposable cup from the 90's. WHAT ARE THE ODDS

It’s time for another edition of #OrumOdes — shouting out the amazing partners, vendors, and products that we at ⚡ Orum.io ⚡use and love. Today our ode is dedicated to Discern a “compliance operating system.” 🎉 Discern brings huge innovation to an area that SORELY needed it: all the paperwork, annual filings, tax thresholds, and dozens of other gremlins 👹 that pop up in the various jurisdictions where a company does business. 🇺🇸 The rules and the timeframes for all this can vary widely across states. 📏 Historically, businesses have used what’s called a Registered Agent to track all this…and frankly, it’s just not a good experience. 😡 There’s no technology. 📮 There IS a lot of snail mail. 🐌 They’re just plain inefficient. 🐢 As Discern points out, the two largest U.S. Registered Agent companies are both more than 100 years old. 🧓 Discern completely revamped this space, rebuilding the Registered Agent function through a technologist’s lens. 💻 It’s the first digital-first Registered Agent service in 50 states: You get any notices via email, clear invoices with one billing cycle for simple reconciliation, and an at-a-glance dashboard. ✨ Discern automates all this monitoring and filing — including annual reports, franchise tax, filing of registrations in other states, and more. Now, I know this might not sound super exciting to some, 😏 but I can tell you as a founder: It IS. When you’re trying to focus on your people and your product and your culture, it is BEYOND frustrating to keep getting sidelined by tasks like audited financials and out-of-state tax filings. 😤 In fact, if you don’t have a good system in place, it’s a one-way ticket to feeling overworked and overwhelmed. 🎟️ Discern is that great system. 🥳 It streamlines workflows, clarifies these financial line items, and ensures no one has to visit a Secretary of State website to see if we’ve crossed the number-of-customers threshold for paying a certain tax in Texas. ☺️ Discern gives us back time, energy, and peace of mind ✌️ so Team Orum can focus on our core mission: building a better financial system for all. 🏗️ #finance #startups #orumodes

This is a PSA I don’t think my teenage self would have ever dreamed of delivering: if you’ve got a Corporation that’s domestically registered in North Dakota (or for some reason you’re interested in the riveting world of secretary of state filings), just a heads up, your Annual Report is due on August 1st. Interestingly, if you forget to file for a year, ND will just dissolve your Corporation. I bring this up because it’s a common consequence of not filing your annual reports. And if you read this and said: “I don’t have a Corporation domestically registered in ND. I can safely go back to not thinking about state filings this time of year ever again” Not so fast, you may not be off the hook: The vast majority of annual report filings are due on a date calculated using your fiscal year, or some other esoteric calculation, like “last day of the month of registration” or “before the first day of the month of your initial filing”, or maybe even “4/1 unless you registered between December 1 and April 1". If you have no idea when your legal entity’s reports are due, or you don’t have any idea what I’m talking about but manage legal entities - send me a note, we’re (Raj Patel, Simon Moschou) happy to help. Our software at Discern automates keeping track of and filing this stuff.