I can not express how much this video has helped me straight to the point no crazy advertising no weird rambling exactly what I was looking for. Thank you so much for providing this video.
Extremely informative. Step by step walk-through. I subscribed, had to. I'm 37, and looking to reach my children what I wasn't. May you, your family, the viewers, and theirs, stay blessed and manifest mightiness. Thank you Mr. G, the G is for Go get it👍👍
Hi Hector, just as an fyi, they've changed the documents in 2022. Not by much, you can complete the forms by watching this video and reviewing the instructions for the forms. Thanks for doing this, you have taken away the fear of filing/registering a business - saved me some money not going thru a service.
Very good topic! if I want my new bird LLC is owned by another Sky LLC. both of these are in Florida. how can I set a connection between these two LLCs when I filing electronically? Thank you!
Appreciate It! I just filed for my LLC and very excited to begin a new chapter of my life. Appreciate the step by step tutorial, saved me a small fee to someone who charges to do something this simple.
thank you! i have a question..do i fill corporate stock share? BC i already didn't will that be an issue in the long run? i left it empty. another thing is i am a single person LLC would i need to fill both 8832 and 2553 and send both? what other things should i be on the look out for? thank you sir your doing an awesome job!
Thank you so much… from now on I am subscribed to your channel, I have a question… I submitted the payment but didn’t click finish !!! 😟wonder is got summited or not …
Hi Hector, thanks for the video. question: you've mentioned that if I state "NO" in a section "Should we expect W2 forms from you" , I can set it up later. Could you tell me how? Do I need to send an additional form to IRS?
Hello, I followed the process step by step. I filled my form 2553 two months ago now and still don't have any IRS confirmation about my S-Corp, There is any way i can check online the status of the S-Corp process ? Thank you so much and very helpful your video
excellent tutorial Mr. Hector, I have a question, if I live in Virginia, but I would like to open a company in Florida but I do not have an official address in Florida, can I open a company with the Virginia address?
i have a question, I really be so grateful if you can answer please, I filled out my LLC already but when I did the EIN, I read that don't put LLC in the name so I didn't. now at the end of the name of my LLc it doesn't have LLC, Do you think that is going to be any problem when I do taxes.
@@HectorGarciaCPA while waiting for the letter from IRS, can I open up my bank business acct and start working/getting income? Or should I wait until I get response from IRS? Thanks
@@HectorGarciaCPA also, when I got an email with my EIN it was said that I have to fill 3 more forms: f940, f944 and f1120. Should I do it or my Accountant has to do it? (Due dates are 01/31/2023; 01/31/2023 and 04/15/2023. Thanks again
Hi great video!!! Question when registering my LLC on Article of organization. If I were to pick manager managed and in title I would like to put myself a CEO would that be ok?
Hi Hector, thanks for the video. I filed for a new company on 28th Jan. Processing time today is 02/08. I still didn't get any response. No one picks the call and they don't respond to email. Do you know what can I do to get company registered or get status.
Hi Hector,I also received a letter to pay a certificate of authentication letter to pay 125 I wanted to know are these letters you receive after you formed a business I did all the steps you did to form the business?
@HectorGarciaCPA yes Hector I received 2 letters saying labor law compliance but I was researching and they say it's a scam I was going to call sunbiz and see if it's true
@@HectorGarciaCPA ok, question what you recommend for me I want start mobile mechanic service but for now only Part time until I have all my customers, what do you recommend LLC or S corporation company ?
Can you help me please with my document in sunbiz . I’am shareholder of 50% of restaurant in amedment in sunbiz but they said this does not prove any thing
i did my my ein number first and then the llc and now the names are different but share the same ein number is that a problem or should the names match?
@@HectorGarciaCPA Once I tried to add my ITIN number ( TO GET AN EIN ) it said: "We apologize for the inconvenience, but based on the information provided we are unable to provide you with an EIN through this online assistant. Please call #..." :(
Hi Hector, thank you so much for this video. Its will be my first time I open up my business. I will send you a email, maybe you can help me. thank you for this great/super video.
Fantastic video. No fluff, no excessive promotion, just clear, concise information. I appreciate this so much, thank you!
:)
I can not express how much this video has helped me straight to the point no crazy advertising no weird rambling exactly what I was looking for. Thank you so much for providing this video.
Glad is useful
Extremely informative. Step by step walk-through. I subscribed, had to. I'm 37, and looking to reach my children what I wasn't. May you, your family, the viewers, and theirs, stay blessed and manifest mightiness. Thank you Mr. G, the G is for Go get it👍👍
:)
Hello from 2023!!! This was so helpful, thank you!!!
Thanks for the step by step you are awesome. Submitted my S Corp on Saturday and i did my EIN today . Thanks
Great
@@HectorGarciaCPA it’s been 10 days since i did the application and no word yet should i call or just be patient?
Hi Hector, just as an fyi, they've changed the documents in 2022. Not by much, you can complete the forms by watching this video and reviewing the instructions for the forms. Thanks for doing this, you have taken away the fear of filing/registering a business - saved me some money not going thru a service.
Awesome
This will be the first time I open up my own corporation. Thanks hector
Thank you Hector for your guide and assistance in setting up a company!! Fantastic, clear instructions, very informative. 👏👍👍
Great :)
question on IRS portion. If I created LLC on sunbiz but want to be taxed as scorp after two forms, should I pick LLC on IRS website when creating EIN?
Very good topic! if I want my new bird LLC is owned by another Sky LLC. both of these are in Florida. how can I set a connection between
these two LLCs when I filing electronically? Thank you!
Humble and Genuine content . TYSM for sharing
You are very welcome!
Thank you Hector this video was awosme. I was able to do everything that I wanted. Thank you and God bless.
:)
Appreciate It! I just filed for my LLC and very excited to begin a new chapter of my life. Appreciate the step by step tutorial, saved me a small fee to someone who charges to do something this simple.
That was the point:)
Step by step walk-through is extremely informative. . I appreciate your time👍Thank you.👍
:)
If I don't have a business email set up yet, should I use my personal email? Or should I create a business email first?
Personal is fine
Straight to the point and super clear! Great video
:)
Fantastic explanation! Right on point and everything step by step 👍🏻
:)
the best walkthrough explanation
:)
I went ahead and made a ipostal account, where do I update the address to? Primary my house or both under the virtual address?
Thanks so much for all your info, Hector.
Great share and breakdown, and appreciate it the info, starting my S CORP today!
you don't need to file both forms of you have an LLC
you either file 2553 to be treated an S Corp, or 8852 to treated a C corp
I always do both back to back
YOU ARE THE BEST, THANK YOU FOR ALL YOUR HELP WITH ALL YOUR VIDEOS. GRACIAS
:)
An excellent video, Hector. Gracias, senor!
:)
It's recommended that you get someone else to be a registered agent other than yourself and also use a different address from your home address
Yes
thank you! i have a question..do i fill corporate stock share? BC i already didn't will that be an issue in the long run? i left it empty.
another thing is i am a single person LLC would i need to fill both 8832 and 2553 and send both? what other things should i be on the look out for?
thank you sir your doing an awesome job!
Thank you so much… from now on I am subscribed to your channel, I have a question… I submitted the payment but didn’t click finish !!! 😟wonder is got summited or not …
Impossible for me to answer that
@@HectorGarciaCPA Thanks 🙏 o call and they said yes 👍
Thks a million bro! Extremely helpful 🙏🏻
You welcome
Hi Hector, thanks for the video. question: you've mentioned that if I state "NO" in a section "Should we expect W2 forms from you" , I can set it up later. Could you tell me how? Do I need to send an additional form to IRS?
Just by sending the first 941 form is enough to start payroll with the IRS
@@HectorGarciaCPA thank you for the reply. The payroll companies do that right? like Gusto?
With this video's great help, I registered C Corp with FL. Now how do I register a DBA for this new C corp?
If i followed your instructions do i have to wait for my S Corp to be confirmed or can i open a business checking account already with my EIN number?
You can open the account
The best!!!!! Thank Hector
Thank you very mucho for all the info.
just oe question: how I know what corporation I need to open?
Could you recommend a serious registered agent in Florida ?
Thank you for the information, can you share with me the video shows how to exchange from S-corporation to C-corporation?
I dont have a video like that
If you do the s corp, would you be considered an employee, and should click the box?
If you run payroll, then yes
Hi. Hector. I just create my single member LLC in FL and got the EIN. I want the LLC tax as S - corp. should I file 2553 or 8832 ? thanks in advance.
@@untilco thank you for your help. Camilo. Have a wonderful weekend
Hi Hector, is your office still the same as this video? I would like to have you as my tax advisor and business tax
Hello, I followed the process step by step. I filled my form 2553 two months ago now and still don't have any IRS confirmation about my S-Corp, There is any way i can check online the status of the S-Corp process ? Thank you so much and very helpful your video
No.. you need to call them
Thank you @@HectorGarciaCPA
excellent tutorial Mr. Hector, I have a question, if I live in Virginia, but I would like to open a company in Florida but I do not have an official address in Florida, can I open a company with the Virginia address?
I think yes...
i have a question, I really be so grateful if you can answer please, I filled out my LLC already but when I did the EIN, I read that don't put LLC in the name so I didn't. now at the end of the name of my LLc it doesn't have LLC, Do you think that is going to be any problem when I do taxes.
Should be OK. And you are request a name change with the IRS on the first filling
Great video thank you so much question can I put my name on registered agent ? Or do I have to get someone for that
Awesome! Thank you so much.
:)
Am I able to apply for EIN right away or do I have to wait until the company is approved by the department of state
I would wait for the approval, in case the name is not accepted
Thank you
after we fax f2553, should we expect to get any letter back to confirm? O should we check it somehow that IRS got it? thanks
Get a letter back like in 4 weeks
@@HectorGarciaCPA while waiting for the letter from IRS, can I open up my bank business acct and start working/getting income? Or should I wait until I get response from IRS? Thanks
@@staigmenelex yes, if you have an EIN, you can start operating
@@HectorGarciaCPA also, when I got an email with my EIN it was said that I have to fill 3 more forms: f940, f944 and f1120. Should I do it or my Accountant has to do it? (Due dates are 01/31/2023; 01/31/2023 and 04/15/2023. Thanks again
@@staigmenelex thats only when you start payroll
thanks man, i needed this. Make more
:)
Thanks hector
How long did it take for your SunBiz to get approved?
2 weeks
Hello do you have to register your Fictitious name? Or do you suggest I do?
Depends on your needs
Hi great video!!! Question when registering my LLC on Article of organization. If I were to pick manager managed and in title I would like to put myself a CEO would that be ok?
Please let me know the process to file the 2553, thanks!
@@Pepemachetin fill it out and mail it. All the instructions are in the IRS website
Hi what if you filed as new business before may 1 do you still have to pay for the 150 annual fee??
In 2024, no.. if you created it prior to 2024 yes
Thanks for replying Hector yes I called sunbiz they said no
If I'm trying to make my family trust the owner of my corporation where do I put the name? Would it be under registered agent?
Owwnership is not based on what sunbiz has
@@HectorGarciaCPA I'm not understanding
@@Migueltoldyouso whatever you put in Sunbiz is not proof of ownership
It didn’t work for me to file a ein ( perhaps my ITIN is not active anymore ) :( so I need a professional to file a form W7 n get the ITIN ?
Yes
Hi Hector I got a labor law poster letter thru the mail after I formed the scorp is this a scam letter or legit?
You might need to work with a lawyer on these things
Hi Hector, thanks for the video. I filed for a new company on 28th Jan. Processing time today is 02/08. I still didn't get any response. No one picks the call and they don't respond to email. Do you know what can I do to get company registered or get status.
They are taking like 2 weeks
Great video!
Glad you enjoyed it
Hi Hector,I also received a letter to pay a certificate of authentication letter to pay 125 I wanted to know are these letters you receive after you formed a business I did all the steps you did to form the business?
Why do you need that letter?
@HectorGarciaCPA yes Hector I received 2 letters saying labor law compliance but I was researching and they say it's a scam I was going to call sunbiz and see if it's true
@@HectorGarciaCPA the fee is$ 94
@HectorGarciaCPA I was just wondering did you get these letters when you filed for a new business
@@HectorGarciaCPA I also received a certificate of status request form
Thank you.
This is an amazing video thank you!!!
You are welcome
Hi thanks, I need to open company in New Jersey you have the link how start?
I dont know NJ
@@HectorGarciaCPA ok, question what you recommend for me I want start mobile mechanic service but for now only Part time until I have all my customers, what do you recommend LLC or S corporation company ?
Can you help me please with my document in sunbiz . I’am shareholder of 50% of restaurant in amedment in sunbiz but they said this does not prove any thing
I don’t provide legal advice. Ownership structure is not within the domain of work that accountants do.
Thank you very much
;)
i did my my ein number first and then the llc and now the names are different but share the same ein number is that a problem or should the names match?
They should match
@@HectorGarciaCPA thank you for reply :)
Hello, how much do you charge to file the documents for an Llc?
$500 to $1000
Hi
How do I fill this out as a real estate agent with a brokerage
I would do Scorp
Hi! Do they refund the money in case they reject it? Thnxxx
No, you would need to change the name
@@HectorGarciaCPA thank u so much :D
@@HectorGarciaCPA Once I tried to add my ITIN number ( TO GET AN EIN ) it said: "We apologize for the inconvenience, but based on the information provided we are unable to provide you with an EIN through this online
assistant. Please call #..." :(
Why Florida state refused the virtual adress i provided from anymail adress after i filled my LLC!!!
Needs to be a real address
Hi, question why you want to use virtual address?
What is the person already has a EIN number
The “person” or the business? If you setup a new company/business, it needs a new EIN number
It is telling me that my EIN number is $300.
Ein is free
Hi Hector, thank you so much for this video. Its will be my first time I open up my business. I will send you a email, maybe you can help me. thank you for this great/super video.