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Setup a new FLORIDA Corporation or LLC - Step by Step 

Hector Garcia CPA
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4 окт 2024

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Комментарии : 146   
@tomaitoe
@tomaitoe Год назад
Fantastic video. No fluff, no excessive promotion, just clear, concise information. I appreciate this so much, thank you!
@HectorGarciaCPA
@HectorGarciaCPA Год назад
:)
@mhazley71
@mhazley71 2 года назад
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👍👍
@HectorGarciaCPA
@HectorGarciaCPA 2 года назад
:)
@the_mastermind_project
@the_mastermind_project 7 месяцев назад
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.
@HectorGarciaCPA
@HectorGarciaCPA 7 месяцев назад
Glad is useful
@ochetura03
@ochetura03 2 года назад
Thanks for the step by step you are awesome. Submitted my S Corp on Saturday and i did my EIN today . Thanks
@HectorGarciaCPA
@HectorGarciaCPA 2 года назад
Great
@ochetura03
@ochetura03 2 года назад
@@HectorGarciaCPA it’s been 10 days since i did the application and no word yet should i call or just be patient?
@michaeldettmer9734
@michaeldettmer9734 5 месяцев назад
Thank you Hector for your guide and assistance in setting up a company!! Fantastic, clear instructions, very informative. 👏👍👍
@HectorGarciaCPA
@HectorGarciaCPA 5 месяцев назад
Great :)
@brittreacts
@brittreacts Год назад
Hello from 2023!!! This was so helpful, thank you!!!
@jessicae3281
@jessicae3281 2 года назад
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.
@HectorGarciaCPA
@HectorGarciaCPA 2 года назад
Awesome
@KOBLMP
@KOBLMP 3 года назад
This will be the first time I open up my own corporation. Thanks hector
@gabrieltheshark856
@gabrieltheshark856 2 года назад
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.
@HectorGarciaCPA
@HectorGarciaCPA 2 года назад
That was the point:)
@Browmacist
@Browmacist Год назад
Humble and Genuine content . TYSM for sharing
@HectorGarciaCPA
@HectorGarciaCPA 7 месяцев назад
You are very welcome!
@plomo508
@plomo508 2 года назад
Thank you Hector this video was awosme. I was able to do everything that I wanted. Thank you and God bless.
@HectorGarciaCPA
@HectorGarciaCPA 2 года назад
:)
@smiler0616
@smiler0616 8 месяцев назад
An excellent video, Hector. Gracias, senor!
@HectorGarciaCPA
@HectorGarciaCPA 8 месяцев назад
:)
@monikasingh-pq9vk
@monikasingh-pq9vk Год назад
Step by step walk-through is extremely informative. . I appreciate your time👍Thank you.👍
@HectorGarciaCPA
@HectorGarciaCPA Год назад
:)
@yesenia-romero
@yesenia-romero 2 года назад
Fantastic explanation! Right on point and everything step by step 👍🏻
@HectorGarciaCPA
@HectorGarciaCPA 2 года назад
:)
@NoMad_Production
@NoMad_Production 2 месяца назад
the best walkthrough explanation
@HectorGarciaCPA
@HectorGarciaCPA 2 месяца назад
:)
@ronnies6811
@ronnies6811 3 года назад
Thanks so much for all your info, Hector.
@garaudyjoseph8646
@garaudyjoseph8646 3 года назад
Great share and breakdown, and appreciate it the info, starting my S CORP today!
@jcsto
@jcsto 8 месяцев назад
Straight to the point and super clear! Great video
@HectorGarciaCPA
@HectorGarciaCPA 8 месяцев назад
:)
@jajabanks5713
@jajabanks5713 Год назад
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?
@reynaponce1069
@reynaponce1069 2 года назад
YOU ARE THE BEST, THANK YOU FOR ALL YOUR HELP WITH ALL YOUR VIDEOS. GRACIAS
@HectorGarciaCPA
@HectorGarciaCPA 2 года назад
:)
@marcialabrahantes3369
@marcialabrahantes3369 Год назад
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
@HectorGarciaCPA
@HectorGarciaCPA Год назад
I always do both back to back
@nellycastillo340
@nellycastillo340 5 месяцев назад
Awesome! Thank you so much.
@HectorGarciaCPA
@HectorGarciaCPA 5 месяцев назад
:)
@x-frce0074
@x-frce0074 2 года назад
Thks a million bro! Extremely helpful 🙏🏻
@HectorGarciaCPA
@HectorGarciaCPA 2 года назад
You welcome
3 года назад
The best!!!!! Thank Hector
@vijay9f
@vijay9f Год назад
thanks man, i needed this. Make more
@HectorGarciaCPA
@HectorGarciaCPA Год назад
:)
@MrAllenca1
@MrAllenca1 2 года назад
Thanks hector
@creativevoice730
@creativevoice730 2 года назад
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
@HectorGarciaCPA
@HectorGarciaCPA 2 года назад
Yes
@joewoerly7767
@joewoerly7767 6 месяцев назад
Great video!
@HectorGarciaCPA
@HectorGarciaCPA 6 месяцев назад
Glad you enjoyed it
@benjaminchen1131
@benjaminchen1131 Год назад
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!
@Zulfiqar110
@Zulfiqar110 Год назад
With this video's great help, I registered C Corp with FL. Now how do I register a DBA for this new C corp?
@SergeyTrifilin
@SergeyTrifilin 2 года назад
Thank you.
@minimwamini7391
@minimwamini7391 Год назад
Thank you for the information, can you share with me the video shows how to exchange from S-corporation to C-corporation?
@HectorGarciaCPA
@HectorGarciaCPA Год назад
I dont have a video like that
@tarekdemiati9991
@tarekdemiati9991 3 года назад
Could you recommend a serious registered agent in Florida ?
@Feymorales
@Feymorales 2 года назад
This is an amazing video thank you!!!
@HectorGarciaCPA
@HectorGarciaCPA 2 года назад
You are welcome
@visalros6232
@visalros6232 Год назад
Hi Hector, is your office still the same as this video? I would like to have you as my tax advisor and business tax
@ingoodhealthyoutubechannel
@ingoodhealthyoutubechannel 2 года назад
Thank you very much
@HectorGarciaCPA
@HectorGarciaCPA 2 года назад
;)
@mayisaume9094
@mayisaume9094 3 года назад
Thank you very mucho for all the info. just oe question: how I know what corporation I need to open?
@josuelopez1385
@josuelopez1385 2 года назад
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?
@monikasingh-pq9vk
@monikasingh-pq9vk Год назад
I think yes...
@VictorVargas_
@VictorVargas_ Год назад
I went ahead and made a ipostal account, where do I update the address to? Primary my house or both under the virtual address?
@tertius2666
@tertius2666 2 года назад
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!
@ernestillo2022
@ernestillo2022 2 месяца назад
Please let me know the process to file the 2553, thanks!
@HectorGarciaCPA
@HectorGarciaCPA 2 месяца назад
@@ernestillo2022 fill it out and mail it. All the instructions are in the IRS website
@lazararodriguez7116
@lazararodriguez7116 3 месяца назад
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 …
@HectorGarciaCPA
@HectorGarciaCPA 3 месяца назад
Impossible for me to answer that
@lazararodriguez7116
@lazararodriguez7116 3 месяца назад
@@HectorGarciaCPA Thanks 🙏 o call and they said yes 👍
@yanrojas509
@yanrojas509 3 года назад
Great video thank you so much question can I put my name on registered agent ? Or do I have to get someone for that
@williamledesma1101
@williamledesma1101 2 года назад
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?
@AlexanderBeenGreat
@AlexanderBeenGreat 2 года назад
It is telling me that my EIN number is $300.
@HectorGarciaCPA
@HectorGarciaCPA 2 года назад
Ein is free
@armandogorgoyromero6162
@armandogorgoyromero6162 8 месяцев назад
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
@HectorGarciaCPA
@HectorGarciaCPA 8 месяцев назад
No.. you need to call them
@armandogorgoyromero6162
@armandogorgoyromero6162 8 месяцев назад
Thank you @@HectorGarciaCPA
@marcpadilla2804
@marcpadilla2804 3 года назад
How long did it take for your SunBiz to get approved?
@HectorGarciaCPA
@HectorGarciaCPA 3 года назад
2 weeks
@Englishkseniyali
@Englishkseniyali 2 года назад
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?
@HectorGarciaCPA
@HectorGarciaCPA 2 года назад
Just by sending the first 941 form is enough to start payroll with the IRS
@Englishkseniyali
@Englishkseniyali 2 года назад
@@HectorGarciaCPA thank you for the reply. The payroll companies do that right? like Gusto?
@Migueltoldyouso
@Migueltoldyouso Год назад
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?
@HectorGarciaCPA
@HectorGarciaCPA Год назад
Owwnership is not based on what sunbiz has
@Migueltoldyouso
@Migueltoldyouso Год назад
@@HectorGarciaCPA I'm not understanding
@HectorGarciaCPA
@HectorGarciaCPA Год назад
@@Migueltoldyouso whatever you put in Sunbiz is not proof of ownership
@and6sdf
@and6sdf Год назад
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.
@and6sdf
@and6sdf Год назад
@@untilco thank you for your help. Camilo. Have a wonderful weekend
@lelexyyy
@lelexyyy 2 года назад
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?
@HectorGarciaCPA
@HectorGarciaCPA 2 года назад
You can open the account
@reynaponce1069
@reynaponce1069 2 года назад
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
@HectorGarciaCPA 2 года назад
Should be OK. And you are request a name change with the IRS on the first filling
@jasonb886
@jasonb886 2 года назад
If you do the s corp, would you be considered an employee, and should click the box?
@HectorGarciaCPA
@HectorGarciaCPA 2 года назад
If you run payroll, then yes
@ceasarmorillo3691
@ceasarmorillo3691 6 месяцев назад
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
@HectorGarciaCPA
@HectorGarciaCPA 6 месяцев назад
I would wait for the approval, in case the name is not accepted
@ceasarmorillo3691
@ceasarmorillo3691 6 месяцев назад
Thank you
@lemonpepperwings698
@lemonpepperwings698 5 месяцев назад
Hi Hector I got a labor law poster letter thru the mail after I formed the scorp is this a scam letter or legit?
@HectorGarciaCPA
@HectorGarciaCPA 5 месяцев назад
You might need to work with a lawyer on these things
@maddysworld2882
@maddysworld2882 2 года назад
Hello do you have to register your Fictitious name? Or do you suggest I do?
@HectorGarciaCPA
@HectorGarciaCPA 2 года назад
Depends on your needs
@harik13
@harik13 2 года назад
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.
@HectorGarciaCPA
@HectorGarciaCPA 2 года назад
They are taking like 2 weeks
@hayderjawad2963
@hayderjawad2963 3 года назад
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
@HectorGarciaCPA
@HectorGarciaCPA 3 года назад
I don’t provide legal advice. Ownership structure is not within the domain of work that accountants do.
@gabgarcia7
@gabgarcia7 2 года назад
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 ?
@HectorGarciaCPA
@HectorGarciaCPA 2 года назад
Yes
@lemonpepperwings698
@lemonpepperwings698 5 месяцев назад
Hi what if you filed as new business before may 1 do you still have to pay for the 150 annual fee??
@HectorGarciaCPA
@HectorGarciaCPA 5 месяцев назад
In 2024, no.. if you created it prior to 2024 yes
@lemonpepperwings698
@lemonpepperwings698 5 месяцев назад
Thanks for replying Hector yes I called sunbiz they said no
@staigmenelex
@staigmenelex 2 года назад
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
@HectorGarciaCPA
@HectorGarciaCPA 2 года назад
Get a letter back like in 4 weeks
@staigmenelex
@staigmenelex 2 года назад
@@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
@HectorGarciaCPA 2 года назад
@@staigmenelex yes, if you have an EIN, you can start operating
@staigmenelex
@staigmenelex 2 года назад
@@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
@HectorGarciaCPA
@HectorGarciaCPA 2 года назад
@@staigmenelex thats only when you start payroll
@panseycain7086
@panseycain7086 3 года назад
Hi How do I fill this out as a real estate agent with a brokerage
@HectorGarciaCPA
@HectorGarciaCPA 3 года назад
I would do Scorp
@badgorilla3038
@badgorilla3038 2 года назад
Why Florida state refused the virtual adress i provided from anymail adress after i filled my LLC!!!
@HectorGarciaCPA
@HectorGarciaCPA 2 года назад
Needs to be a real address
@heavyduty1936
@heavyduty1936 2 года назад
Hi, question why you want to use virtual address?
@lemonpepperwings698
@lemonpepperwings698 5 месяцев назад
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
@HectorGarciaCPA 5 месяцев назад
Why do you need that letter?
@lemonpepperwings698
@lemonpepperwings698 5 месяцев назад
@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
@lemonpepperwings698
@lemonpepperwings698 5 месяцев назад
@@HectorGarciaCPA the fee is$ 94
@lemonpepperwings698
@lemonpepperwings698 5 месяцев назад
@HectorGarciaCPA I was just wondering did you get these letters when you filed for a new business
@lemonpepperwings698
@lemonpepperwings698 5 месяцев назад
@@HectorGarciaCPA I also received a certificate of status request form
@heavyduty1936
@heavyduty1936 2 года назад
Hi thanks, I need to open company in New Jersey you have the link how start?
@HectorGarciaCPA
@HectorGarciaCPA 2 года назад
I dont know NJ
@heavyduty1936
@heavyduty1936 2 года назад
@@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 ?
@stephlegros9757
@stephlegros9757 2 года назад
Hello, how much do you charge to file the documents for an Llc?
@HectorGarciaCPA
@HectorGarciaCPA 2 года назад
$500 to $1000
@earth2joe719
@earth2joe719 2 года назад
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
@HectorGarciaCPA 2 года назад
They should match
@earth2joe719
@earth2joe719 2 года назад
@@HectorGarciaCPA thank you for reply :)
@melr0s983
@melr0s983 2 года назад
What is the person already has a EIN number
@HectorGarciaCPA
@HectorGarciaCPA 2 года назад
The “person” or the business? If you setup a new company/business, it needs a new EIN number
@gabgarcia7
@gabgarcia7 2 года назад
Hi! Do they refund the money in case they reject it? Thnxxx
@HectorGarciaCPA
@HectorGarciaCPA 2 года назад
No, you would need to change the name
@gabgarcia7
@gabgarcia7 2 года назад
@@HectorGarciaCPA thank u so much :D
@gabgarcia7
@gabgarcia7 2 года назад
@@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 #..." :(
@MrAcacio
@MrAcacio 3 года назад
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.
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