Setup a new FLORIDA Corporation or LLC - Step by Step

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  • Опубліковано 26 січ 2025

КОМЕНТАРІ • 150

  • @bryantsoto8652
    @bryantsoto8652 Місяць тому +2

    I know this video is 3 years old, but I needed to leave a compliment for the content. It's produced well and informative. Thank you, Hector.

    • @HectorGarciaCPA
      @HectorGarciaCPA  Місяць тому

      @@bryantsoto8652 thanks.. nothing has changed in 3 years

  • @tomaitoe
    @tomaitoe Рік тому +6

    Fantastic video. No fluff, no excessive promotion, just clear, concise information. I appreciate this so much, thank you!

  • @brittreacts
    @brittreacts 2 роки тому

    Hello from 2023!!! This was so helpful, thank you!!!

  • @the_mastermind_project
    @the_mastermind_project 11 місяців тому

    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.

  • @mhazley71
    @mhazley71 2 роки тому +7

    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👍👍

  • @ochetura03
    @ochetura03 2 роки тому +2

    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 роки тому +1

      Great

    • @ochetura03
      @ochetura03 2 роки тому

      @@HectorGarciaCPA it’s been 10 days since i did the application and no word yet should i call or just be patient?

  • @jajabanks5713
    @jajabanks5713 2 роки тому +2

    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?

  • @jessicae3281
    @jessicae3281 2 роки тому

    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.

  • @michaeldettmer9734
    @michaeldettmer9734 8 місяців тому

    Thank you Hector for your guide and assistance in setting up a company!! Fantastic, clear instructions, very informative. 👏👍👍

  • @benjaminchen1131
    @benjaminchen1131 Рік тому

    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!

  • @Browmacist
    @Browmacist Рік тому +1

    Humble and Genuine content . TYSM for sharing

  • @KOBLMP
    @KOBLMP 3 роки тому

    This will be the first time I open up my own corporation. Thanks hector

  • @plomo508
    @plomo508 2 роки тому +1

    Thank you Hector this video was awosme. I was able to do everything that I wanted. Thank you and God bless.

  • @jcsto
    @jcsto 11 місяців тому

    Straight to the point and super clear! Great video

  • @VictorVargas_
    @VictorVargas_ Рік тому

    I went ahead and made a ipostal account, where do I update the address to? Primary my house or both under the virtual address?

  • @minimwamini7391
    @minimwamini7391 2 роки тому

    Thank you for the information, can you share with me the video shows how to exchange from S-corporation to C-corporation?

  • @marcialabrahantes3369
    @marcialabrahantes3369 Рік тому

    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

  • @Zulfiqar110
    @Zulfiqar110 2 роки тому

    With this video's great help, I registered C Corp with FL. Now how do I register a DBA for this new C corp?

  • @yesenia-romero
    @yesenia-romero 2 роки тому +1

    Fantastic explanation! Right on point and everything step by step 👍🏻

  • @ronnies6811
    @ronnies6811 4 роки тому +1

    Thanks so much for all your info, Hector.

  • @reynaponce1069
    @reynaponce1069 2 роки тому

    YOU ARE THE BEST, THANK YOU FOR ALL YOUR HELP WITH ALL YOUR VIDEOS. GRACIAS

  • @monikasingh-pq9vk
    @monikasingh-pq9vk Рік тому

    Step by step walk-through is extremely informative. . I appreciate your time👍Thank you.👍

  • @gabrieltheshark856
    @gabrieltheshark856 2 роки тому +1

    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.

  • @garaudyjoseph8646
    @garaudyjoseph8646 3 роки тому

    Great share and breakdown, and appreciate it the info, starting my S CORP today!

  • @NoMad_Production
    @NoMad_Production 6 місяців тому

    the best walkthrough explanation

  • @tarekdemiati9991
    @tarekdemiati9991 3 роки тому +1

    Could you recommend a serious registered agent in Florida ?

  • @visalros6232
    @visalros6232 Рік тому

    Hi Hector, is your office still the same as this video? I would like to have you as my tax advisor and business tax

  • @lazararodriguez7116
    @lazararodriguez7116 7 місяців тому

    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  7 місяців тому +1

      Impossible for me to answer that

    • @lazararodriguez7116
      @lazararodriguez7116 7 місяців тому

      @@HectorGarciaCPA Thanks 🙏 o call and they said yes 👍

  • @smiler0616
    @smiler0616 11 місяців тому

    An excellent video, Hector. Gracias, senor!

  • @longevitude
    @longevitude 2 місяці тому

    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?

  • @josuelopez1385
    @josuelopez1385 3 роки тому +1

    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?

  • @tertius2666
    @tertius2666 3 роки тому

    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!

  • @x-frce0074
    @x-frce0074 2 роки тому +1

    Thks a million bro! Extremely helpful 🙏🏻

  • @Pepemachetin
    @Pepemachetin 6 місяців тому

    Please let me know the process to file the 2553, thanks!

    • @HectorGarciaCPA
      @HectorGarciaCPA  6 місяців тому

      @@Pepemachetin fill it out and mail it. All the instructions are in the IRS website

  • @mayisaume9094
    @mayisaume9094 3 роки тому

    Thank you very mucho for all the info.
    just oe question: how I know what corporation I need to open?

  • @creativevoice730
    @creativevoice730 3 роки тому

    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

  • @armandogorgoyromero6162
    @armandogorgoyromero6162 Рік тому

    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

  • @reynaponce1069
    @reynaponce1069 2 роки тому

    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 роки тому

      Should be OK. And you are request a name change with the IRS on the first filling

  • @Englishkseniyali
    @Englishkseniyali 2 роки тому

    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 роки тому +1

      Just by sending the first 941 form is enough to start payroll with the IRS

    • @Englishkseniyali
      @Englishkseniyali 2 роки тому

      @@HectorGarciaCPA thank you for the reply. The payroll companies do that right? like Gusto?

  • @yanrojas509
    @yanrojas509 3 роки тому

    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 3 роки тому

    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?

  • @lelexyyy
    @lelexyyy 2 роки тому

    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?

  • @badgorilla3038
    @badgorilla3038 3 роки тому

    Why Florida state refused the virtual adress i provided from anymail adress after i filled my LLC!!!

  • @Migueltoldyouso
    @Migueltoldyouso Рік тому

    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  Рік тому +1

      Owwnership is not based on what sunbiz has

    • @Migueltoldyouso
      @Migueltoldyouso Рік тому

      @@HectorGarciaCPA I'm not understanding

    • @HectorGarciaCPA
      @HectorGarciaCPA  Рік тому +1

      @@Migueltoldyouso whatever you put in Sunbiz is not proof of ownership

  • @nellycastillo340
    @nellycastillo340 9 місяців тому

    Awesome! Thank you so much.

  • @ceasarmorillo3691
    @ceasarmorillo3691 9 місяців тому

    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

  • @and6sdf
    @and6sdf 2 роки тому

    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 2 роки тому

      @@untilco thank you for your help. Camilo. Have a wonderful weekend

  • @gabrielagarcia_ofc
    @gabrielagarcia_ofc 2 роки тому

    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 ?

  • @staigmenelex
    @staigmenelex 2 роки тому

    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 роки тому

      Get a letter back like in 4 weeks

    • @staigmenelex
      @staigmenelex 2 роки тому

      @@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 роки тому +1

      @@staigmenelex yes, if you have an EIN, you can start operating

    • @staigmenelex
      @staigmenelex 2 роки тому

      @@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 роки тому

      @@staigmenelex thats only when you start payroll

  • @vijay9f
    @vijay9f 2 роки тому

    thanks man, i needed this. Make more

  • @heavyduty1936
    @heavyduty1936 2 роки тому

    Hi thanks, I need to open company in New Jersey you have the link how start?

    • @HectorGarciaCPA
      @HectorGarciaCPA  2 роки тому

      I dont know NJ

    • @heavyduty1936
      @heavyduty1936 2 роки тому

      @@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 ?

  • @jasonb886
    @jasonb886 2 роки тому

    If you do the s corp, would you be considered an employee, and should click the box?

  • @lemonpepperwings698
    @lemonpepperwings698 9 місяців тому

    Hi what if you filed as new business before may 1 do you still have to pay for the 150 annual fee??

    • @HectorGarciaCPA
      @HectorGarciaCPA  9 місяців тому

      In 2024, no.. if you created it prior to 2024 yes

    • @lemonpepperwings698
      @lemonpepperwings698 9 місяців тому

      Thanks for replying Hector yes I called sunbiz they said no

  • @lemonpepperwings698
    @lemonpepperwings698 9 місяців тому

    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  9 місяців тому

      You might need to work with a lawyer on these things

  • @harik13
    @harik13 2 роки тому

    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.

  • @lemonpepperwings698
    @lemonpepperwings698 9 місяців тому

    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  9 місяців тому

      Why do you need that letter?

    • @lemonpepperwings698
      @lemonpepperwings698 9 місяців тому

      @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 9 місяців тому

      @@HectorGarciaCPA the fee is$ 94

    • @lemonpepperwings698
      @lemonpepperwings698 9 місяців тому

      @HectorGarciaCPA I was just wondering did you get these letters when you filed for a new business

    • @lemonpepperwings698
      @lemonpepperwings698 9 місяців тому

      @@HectorGarciaCPA I also received a certificate of status request form

  • @earth2joe719
    @earth2joe719 2 роки тому

    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?

  •  4 роки тому

    The best!!!!! Thank Hector

  • @maddysworld2882
    @maddysworld2882 2 роки тому

    Hello do you have to register your Fictitious name? Or do you suggest I do?

  • @marcpadilla2804
    @marcpadilla2804 3 роки тому +1

    How long did it take for your SunBiz to get approved?

  • @hayderjawad2963
    @hayderjawad2963 3 роки тому

    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 роки тому

      I don’t provide legal advice. Ownership structure is not within the domain of work that accountants do.

  • @panseycain7086
    @panseycain7086 3 роки тому

    Hi
    How do I fill this out as a real estate agent with a brokerage

  • @stephlegros9757
    @stephlegros9757 3 роки тому

    Hello, how much do you charge to file the documents for an Llc?

  • @joewoerly
    @joewoerly 10 місяців тому

    Great video!

  • @MrAllenca1
    @MrAllenca1 3 роки тому

    Thanks hector

  • @gabrielagarcia_ofc
    @gabrielagarcia_ofc 2 роки тому

    Hi! Do they refund the money in case they reject it? Thnxxx

    • @HectorGarciaCPA
      @HectorGarciaCPA  2 роки тому +1

      No, you would need to change the name

    • @gabrielagarcia_ofc
      @gabrielagarcia_ofc 2 роки тому

      @@HectorGarciaCPA thank u so much :D

    • @gabrielagarcia_ofc
      @gabrielagarcia_ofc 2 роки тому

      @@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 #..." :(

  • @AlexanderBeenGreat
    @AlexanderBeenGreat 3 роки тому +1

    It is telling me that my EIN number is $300.

  • @melr0s983
    @melr0s983 2 роки тому

    What is the person already has a EIN number

    • @HectorGarciaCPA
      @HectorGarciaCPA  2 роки тому

      The “person” or the business? If you setup a new company/business, it needs a new EIN number

  • @ingoodhealthyoutubechannel
    @ingoodhealthyoutubechannel 2 роки тому

    Thank you very much

  • @Feymorales
    @Feymorales 2 роки тому

    This is an amazing video thank you!!!

  • @SergeyTrifilin
    @SergeyTrifilin 3 роки тому

    Thank you.

  • @MrAcacio
    @MrAcacio 3 роки тому

    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.