Відео

Hi, Nina. It's so easy, you don't need a CPA to file it. In fact, if your franchise tax return was due this year 2024, the new law says you only have to file the Public Information Report if you made less than $2.47 million dollars. Hope this helps you 🙏🏼. Sign up for more free business tips at www.LomaRisper.com✨️

@@Loma.Risper Thanks so much for helpful information 😍

@@Loma.Risper registered agent service for my LLC was just recently expired. Should I continue to sign up for the service? Thanks much

It depends on a few things. Email me at loma@lomarisper.com so I can explain your options. I'll also add you to my free weekly business tips list.

Hi 👋. Email me at loma@lomarisper.com so I can explain your options for your situation. I'll also add you to my free weekly business tips list.

Check out this video: ua-cam.com/video/LNN4Uga2yBo/v-deo.htmlsi=Gv6GsFQjUZcU4G_x

You can register for an online eSystems account online and file online. It's way easier than the paper method. Hope this helps you. 😊

Thank you so much for supporting me 🙏🏼

Here you go, Brandi! ✨️ Just remember, these instructions only apply to franchise taxes that were DUE May 15, 2023, or a prior year. As of 2024, you only have to file the (2024) Public Information Report if you made less than $2.47 million in 2023. Hope that helps 🙏🏼 ua-cam.com/video/48jCVvxlAcg/v-deo.html

thanks for this! I was thinking I was doing something wrong. So we don't file anything at all for 2024?

@@christinacordero9343 only public information. You can call the comptroller to verify

Awesome 😊

Here you go: ua-cam.com/video/LNN4Uga2yBo/v-deo.htmlsi=sGhx-JAMEyDhdg4d

You would provide the address you receive business mail for Principle Office. You would list yourself as a Director and your address (or the business address).

Thank you 😊

For free weekly business tips, sign up at www.LomaRisper.com 👍

Hi, Steve. Depends on if you set up your LLC as a manager managed LLC (you would be the manager) or a member managed LLC (you could be listed as a director) when you registered with the Secretary of State. Hope that helps you 🙏🏼 😊 Sign up for free weekly business tips at www.LomaRisper.com

Thx for supporting me 😃

Thank you for your support 😃

Hi, Mayra. If you're filing for a past due Franchise Tax Return, you will need the accurate number that would end up on your tax return. If you're not sure, I wouldn't advise guessing. If your bookkeeper has the exact number you know for sure that will go on your final tax return, then you can use that. If you're filing a Franchise Tax Return that is due this year (2024), you only need that information if you reached the $2.47 million threshold. If you made less than that, you'll just file the public information report. If this was helpful and you want more free business tips, sign up at www.LomaRisper.com 👍

You're welcome, Mark 😊. Check out my weekly business tips at www.LomaRisper.com for more ✨️

Hi, Rhianna.✨️ The registered agent is the person or company you chose to receive your important mail like if you were ever served court documents. Look at your original documents you filed to set up your LLC with the Texas Secretary of State. It would be there. Just a note, if you need to put a different registered agent than what you put on the original document, you'll need to file a change of registered agent with the TX SOS. If this was helpful, sign up for my free weekly business tips at www.LomaRisper.com 😊

Awesome 👌

Great questions! 1 - You're not permanently tied to the original NAICS code you chose, so just look up the next closet code that matches your business. 2 - You can use any address where you can reliably receive mail. You can even use the business address (even virtual). 3 - If you found my videos and this reply helpful😊, sign up for my free weekly business tips at www.LomaRisper.com 👌

You do have to file by May 15th every year. There were changes to the law this year. Incfile is only trying to offer you a service to file it for you. It's easy to file yourself. If you didn't make any money, you won't have to pay a tax, but you do have to file the report. I will be posting a new video on the changes and how to file for free soon. You can sign up for my free weekly business tips to get notified at www.LomaRisper.com

I completely understand, Celeste. I'm so glad you reached out. Email me at loma@lomarisper.com if you want to get caught up AND save thousands of dollars 💸 . I know exactly how to help you get back on track ☺️

Way to go, Claude!!! ✨️ So glad it was helpful ☺️ For more business tips, sign up at www.LomaRisper.com 👍

😍 Your support means the world to me! Yes, glad you've were able to get the update info. I have a video on the changes and filing soon. If you'd like weekly business tips, sign up at www.LomaRisper.com 👍

Hi, Christopher 😃 In the case of Texas Franchise Tax, a passive entity is a partnership or trust that earns at least 90% of its income from certain passive sources. Passive entities are exempt from paying Texas franchise tax Here's more info on it and when an LLC qualifies to be a passive entity: comptroller.texas.gov/taxes/franchise/faq/passive-entities.php#:~:text=To%20qualify%20as%20a%20passive,which%20the%20tax%20is%20based. Hope this helps. Sign up for more FREE weekly business tips at www.LomaRisper.com 👍

Thank you, Nathalie ☺️ If you made less than $2.47 million, you only have to file the Public Information Report! I will be posting a video on the changes and how to file soon. You can sign up for my weekly business tips to get notified at www.LomaRisper.com

If you made less than $2.47 million, you only have to file the Public Information Report! I will be posting a video on the changes and how to file soon. You can sign up for my weekly business tips to get notified at www.LomaRisper.com

@@Loma.Risper Thanks so much! I'll sign up.

@@Loma.Risper This will be my first time to file the Report, so I want to make sure I do it correctly! 😁

💖

What year are you trying to file, Fatima? What year do you see is next due? What exactly does the late message say?

I have an updated video coming soon.👍 Sign up for my Free weekly business tips to get notified when I post it: www.LomaRisper.com

@@Loma.Risper That is perfect. Do I need to do it through "Assign Taxes/Fees", and then "Sale and Use tax"?

If this is your first time filing, after you set up your Webfile account, go to Assign Taxes/Fees. Choose Sales and Use Tax. Enter your Sales Tax Permit # and the Webfile # the Comptroller mailed to you after you signed up for a permit. You only have to do this once. This will allow you to file your sales tax return according to the filing frequency your account was assigned. I hope this was helpful. 😊

@@Loma.Risper ​ It was really helpful. I could not find those couple sentences on the whole internet. Thank you so much.

Cool! For more Free tips, sign up at www.LomaRisper.com 😊

I have some videos coming out soon explaining the new Texas Franchise Tax filing requirements and how to file. Sign up for my weekly business tips to get notified when it’s posted.👍

Did you file on time (April 15th)? Did you pay on time (April 15th)? If yes, you shouldn't owe any penalties or interest. If you answered no to either question, you will owe penalties and interest. The IRS will mail you a bill. Hope this answers your question. 😊

Yes, that's correct!👍 I will be posting a video on this soon. Sign up for my weekly business tips to get notified at www.LomaRisper.com 😊

@@Loma.Risper Thank you!!!

You're so sweet 😊. Thank you.

Thank you so much 💓 I will be posting the video soon, hopefully this week. Make sure you sign up for my weekly business tips to get notified at www.LomaRisper.com 😊

You are so sweet, thank you, Alma! Were you filing for a return that was due May 2024 or a previous year?

A Single-Member LLC can have one owner but also hire people to act in management roles (Director, Manager, CFO, COO, etc...). If it's just you, put your name down in the first officer section and your title (Manager, Director, etc.) and leave the others blank. The Taxpayer number is the number that was assigned to you by the Texas Comptroller after you registered your LLC with the Texas Secretary of State (SOS). You would have received that in the mail on the letter that has your Webfile number. Your SOS Comptroller File number can be found on the Original Document after you filed to register your LLC with the Secretary State of Texas (SOS). Jeannee, I want to invite you to sign up for my Business BOSS Membership to ask business questions like this whenever you have them at www.LomaRisper.com 👍 I also hold a monthly video call with my members to ask me questions directly. ✨️

Thank you 😊. I'm glad it helped you.

Based on what you explained about your situation, the date you registered your business as an LLC with the Secretary of State will be your beginning date. December 31, 2023 would be the end. Here's the link where the Comptroller explains this: comptroller.texas.gov/taxes/franchise/faq/

@@Loma.Risper thanks a million. Your videos are informative. You explains in a easy way

Hey, Zachery. There is not fee or penalty for filing an extension to get you more time to file your taxes. If you think you'll get refund, you don't need to file an extension. The IRS gives you 3 years to file and claim your refund. If you think you'll owe taxes, be sure to make a payment that covers it (over estimate to be on the safe side) no later than April 15 because the extension does not give you extra time to pay. If you end up overpaying, the IRS will refund the difference. If you under pay, the IRS will hit you with a penalty. Hope that helps 🙂

Hi! At my office, we have a weekly dumpster service that includes rental charges. They do charge us sales taxes, so I would say yes. But it's always good to call and confirm directly with the Comptroller's office (800) 252-5555 before you apply for a permit. They should be able to provide an answer once they clarify your situation. Hope that helps 👍

That video is on my list I will be posting hopefully soon 😊

Hi, Victor. You can send me a message on my website at www.LomaRisper.com and I will follow up with you to see how I can help.🙂

I am currently working on that video and will be posting it soon. If you sign up for my weekly business tips at www.LomaRisper.com, you'll get an email once I post it 😊