Question 1

Why do I see a recurring charge from Formations on my card?

Accepted Answer

Formations uses a subscription model with annual commitments billed monthly or quarterly for services like LLC Management and S‑Corp Management. If you recently enrolled in one of their plans, the recurring charge you see is likely your regular subscription payment for ongoing bookkeeping, compliance, and tax management services.

Question 2

What are typical monthly costs for Formations services?

Accepted Answer

Public pricing from Formations shows tiers such as LLC Management around the low‑$200 per month range and S‑Corp Management starting higher, with exact amounts depending on the plan and whether you pay monthly or annually. Your specific charge should match the plan and billing cadence you selected in your Formations account or in your service agreement.

Question 3

How do I cancel or change my Formations subscription so future charges stop?

Accepted Answer

Formations plans generally require a 12‑month commitment because they handle your full year of bookkeeping and tax filings. To cancel or downgrade, you need to contact Formations support or your customer success representative through your online dashboard or their support email. They can walk you through end‑of‑term options, downgrades, or changes to your billing schedule so future charges are adjusted correctly.

Question 4

Can I get a refund for a Formations charge I wasn’t expecting?

Accepted Answer

Refunds are handled on a case‑by‑case basis and depend on your contract terms, how far you are into your annual commitment, and whether services (like bookkeeping cleanup or tax prep) have already been performed. Reach out to Formations support with your account email, the date and amount of the charge, and any relevant invoices; they can explain what the charge covers and whether a partial credit, adjustment, or change in plan is possible.

Question 5

Why did Formations charge me even though I thought I only set up an LLC?

Accepted Answer

Formations offers one‑time formation options like “Business‑in‑a‑Box” as well as ongoing subscription plans. In some cases, signing up for formation can be bundled with ongoing LLC Management or S‑Corp Management, which then renews on a subscription basis. Check your original signup flow or agreement in your Formations portal to see whether you opted into continuing services beyond formation.

Question 6

Does Formations place small authorization holds on my card?

Accepted Answer

Like many subscription and SaaS providers, Formations or their payment processor may place a small temporary authorization on your card when you first add or update a payment method. These authorizations are usually for a small amount and should fall off automatically within a few business days, leaving only your actual subscription or service charges.

Question 7

How can I verify that a Formations charge is legitimate and tied to my account?

Accepted Answer

Log in to your Formations account using the email you used to sign up and go to your billing or subscription section to compare the transaction date and amount against the invoices listed there. If you manage multiple businesses or entities through Formations, check each profile. If you still can’t match the charge, contact Formations support with the last four digits of the card, the transaction date, and the exact amount so they can trace it in their billing system.

Question 8

How do I contact Formations about a billing or account question?

Accepted Answer

You can reach Formations by visiting formationscorp.com and using their “Speak to an Expert” or support/contact options to schedule a call or submit a request. They also list a support email and phone number on their site and in onboarding emails. Provide your full name, business name, account email, and details of the charge so they can quickly locate your account and help resolve the issue.

Formations

About Formations

Bank Statement Variations

Frequently Asked Questions