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What is the difference between the Renewal Account and the Daily Account?

April 26, 2017account difference renewal

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What is the difference between the Renewal Account and the Daily Account?

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The Renewal Account is the account your firm will use to pay the annual renewal of state registration and Notice Filing statuses. This account is only used during the renewal period, from November through December each year. The Daily Account is used to fund all other filing and registration fees.