NEW BIZFILE ONLINE SYSTEM - California changed their system in April 2022, so here's a tutorial of how to file an LLC in the new system: kzitem.info/news/bejne/mWuv3HVmh4eGmn4
@aievgindustries
2 жыл бұрын
Only for US citizens?
@asslam11
Жыл бұрын
Very helpful and informative
@sneepsnorp3d
2 жыл бұрын
Thank you so much for this! I've been chasing my tail on this for months on end, I'm so glad I found your video, this made it so much less stressful.
@ElizabethPW
2 жыл бұрын
Glad I could help!!
@assemblyninja7629
2 жыл бұрын
Thank you for the advice,I’ve been having over analysis paralysis, Your videos are helping me get through this I really appreciate it.
@ElizabethPW
2 жыл бұрын
Happy to help!
@ElizabethPW
3 жыл бұрын
Here's the link to the state of CA website so you can follow along: www.sos.ca.gov/business-programs/bizfile/file-online
@mamijojo6446
2 жыл бұрын
Do u have email? Do u Do service to help setting up llc? I just want to make sure I don't make mistake if I do by my self. Thank u
@knowlegeinaction6664
2 жыл бұрын
Thank you much appreciated
@AmusementLabs
3 ай бұрын
Than you for this. A huge amount of these LLC tutorials on youtube have some tbh sleazy young guy usually using the same 3rd party site where they push the expensive formation plans and stuff. They also happen to get a kickback if you use their link, funny how that works lol.
@ltrinh1155
2 жыл бұрын
Thank you for sharing & explaining so clearly how to do the LLC online.
@ElizabethPW
2 жыл бұрын
Welcome!
@dr.aasiyahghazi9168
Жыл бұрын
Thank you so much for this! I'm going to follow this once again in January 2023 and get my LLC taken care of!
@ElizabethPW
Жыл бұрын
Best wishes with your LLC-to-be!
@habhebsbbzs
2 жыл бұрын
Thank you so much for this video made things so much easier, I had been putting this off because I could not figure it out until I found your video.
@ElizabethPW
2 жыл бұрын
Glad it helped!
@dianegeorge571
5 күн бұрын
Awesome info Elizabeth. Thank you!
@ElizabethPW
13 сағат бұрын
welcome!
@betoskickz
2 жыл бұрын
Had just found the website and after your video it just made it more Easier to figure out how to file thank you so much.
@ElizabethPW
2 жыл бұрын
Glad I could help!
@marialuisaperla451
2 жыл бұрын
Thank you Elizabeth you was very helpful explaining step by step.
@ElizabethPW
2 жыл бұрын
Glad it was helpful!
@jesuschavarin8374
2 жыл бұрын
Thank you so much for this video. I was able to double screen and multitask with each set. So thank you again for your time.
@ElizabethPW
2 жыл бұрын
You're welcome - glad it was useful!
@ADcademics
14 күн бұрын
THANK YOU!
@Zaaim
Жыл бұрын
Thank You For The Helpful Walkthrough!
@ElizabethPW
Жыл бұрын
Glad it was helpful!
@jyrop
Жыл бұрын
Hello Elizabeth. This was a very great and helpful video. This seems so simple. To wonder why we need to pay other businesses to create it for us. Three things I would like to say and ask. 1.So when filling online, is the worksheets that are being filled out the "Articles of organization"? 2. When does one submit the "statement of information LLC" during the registration process, after approved by state or other time? 3. I didn't notice that you have an updated video on this matter. I am stating that because as of July 1 2022 till June 30 2023, the state is NOT charging the $70 filling fee. Well that's just what I saw today at the states check out page. It may be good content. 🙂 Thank you in advance.
@ElizabethPW
Жыл бұрын
Yep you are filling out articles of organization. You do the SOI after the formation is approved by the state. Yep they are not charging the $70 fee for a year.
@scottguthrie5737
2 жыл бұрын
Thanks Elizabeth. What a great teacher!
@ElizabethPW
2 жыл бұрын
Glad you think so!
@keannacierra411
2 жыл бұрын
Your video has great and clear cut information. Thank youuuuu!!
@ElizabethPW
2 жыл бұрын
Glad it was helpful!
@Knowledgethatsaves
2 жыл бұрын
Just a very clear and well done video 👍🏾
@ElizabethPW
2 жыл бұрын
Much appreciated!
@neovisionservicesgroup5031
Жыл бұрын
Thank you
@tvittetoe
Жыл бұрын
Thanks, Elizabeth. Very helpful!
@ElizabethPW
Жыл бұрын
Glad it was helpful!
@zinadottonwealthandsuccess2569
2 жыл бұрын
Thank you Mrs Elizabeth Weinstein this information is so helpful. Your presentation was done with such simplicity regarding how to file a CALIFORNIA LLC My best friend wants to file a LLC so I am doing The research for her. Once again thank you for making this VIDEO I wii be subscribing to your video 🌹🌷👋♥️
@ElizabethPW
2 жыл бұрын
Glad it was helpful!
@zinadottonwealthandsuccess2569
2 жыл бұрын
It was very helpful Mrs Elizabeth 🌷
@chizm619
Жыл бұрын
Perfect. Straight forward Information
@Cristiano-ronaldo-0750
2 жыл бұрын
Nice! Straight to the point.
@ElizabethPW
2 жыл бұрын
Welcome!
@tracyd9572
2 жыл бұрын
Very informative. Thanks for the step by step information
@ElizabethPW
2 жыл бұрын
Welcome!
@asslam11
Жыл бұрын
Thank you so much
@ElizabethPW
Жыл бұрын
You're most welcome
@JL-xg7xb
Жыл бұрын
Great video. Thank you
@shanedude93
2 жыл бұрын
Thanks Elizabeth! This was a big help
@ElizabethPW
2 жыл бұрын
You're welcome, glad it was helpful
@mariamrecipes309
2 жыл бұрын
Hi Mrs Weinstein! Thank you for all you do online for helping out people like us that need your precious knowledge and understanding! I do appreciate your clarity and making things simple for us! I am starting a restaurant with my wife. I am about to file for an LLC in Los Angeles and i do have a few questions for you if you don't mind: 1) Can the mailing address and the physical address of the business be the same? 2) You said that I can be my own registered agent. Can I use the address of my business as my address where I receive any legal document rather than my own personal address? 3) for the "organizer email address": Do I have to put my personal email address OR my business email address ? Does it matter?
@ElizabethPW
2 жыл бұрын
1 - yep 2 - the registered agent address needs to be a physical location address. So you'd either use an outside company, or use your location address (if you work from home, then it's your home) 3 - doesn't matter but I'd put a business email, just in case that email is publicly available.
@Discipline.Disciple
2 жыл бұрын
This video was incredibly helpful thank you so much !
@ElizabethPW
2 жыл бұрын
Glad it was helpful!
@welishawarren1235
3 жыл бұрын
Thank you so much this video it helped me out a lot! ❤️
@ElizabethPW
3 жыл бұрын
Glad it helped!
@jackiegutierrez7829
10 ай бұрын
Hi ! Thank you so much for your video. Gone through it many times and finally filed ! What’s after Filing for LLC ? Is there any step by step vid from you ? I don’t want to make mistakes or miss anything!
@ElizabethPW
9 ай бұрын
I have a checklist about that in the Patreon www.patreon.com/elizabethpw
@mamijojo6446
2 жыл бұрын
Thank u so much ... for helping us
@ElizabethPW
2 жыл бұрын
You're welcome!
@TheCitybwai
2 жыл бұрын
Great Job!
@ElizabethPW
2 жыл бұрын
Thanks!
@loubnah5374
Жыл бұрын
And thank you!!
@wasabmen
2 жыл бұрын
Very useful - thanks!
@ElizabethPW
2 жыл бұрын
Glad it was helpful!
@AVTQUEEN113
Жыл бұрын
Hello, ThanQ so much for this video it was very helpful and easy to understand, I only have one question. How do I find an agent 🤔
@ElizabethPW
Жыл бұрын
One good registered agent is www.northwestregisteredagent.com
@BodiedByLay
2 жыл бұрын
Very helpful!
@ElizabethPW
2 жыл бұрын
Glad it was helpful!
@eyzhuh_studios
2 жыл бұрын
Please help! I almost purchased my llc using the same process last night but stopped because of options like legal zoom and incfile that include other documents and features, are those needed? I also already have my EIN. I just need help clearing up what I actually need to start selling physical products online (clothes).
@ElizabethPW
2 жыл бұрын
Here's a video where I go through the requirements of an LLC: kzitem.info/news/bejne/wIpqs3-dimuDaY4
@swcmack
Жыл бұрын
Hello, thanks for all of your informative videos! Quick question regarding assembly bill 85 in California. If I file all my paperwork to create an LLC sometime during November 2022, am I required to pay the franchise tax by April 15th of 2023 as per standard requirements making that the "second year?" Or, does my second-year start after the date of creation meaning Nov 2022 to Nov 2023 =year 1 and my first franchise tax due would be by April 15, 2023? I hope this question is easy to follow and makes sense. My apologies ahead of time!
@ElizabethPW
Жыл бұрын
No problems, it is confusing! So if you file an LLC in Nov 2022, then you don't have to pay the minimum franchise fee for tax year 2022. You'd typically file that in early 2023 with your LLC tax return. But you will owe the $800 for tax year 2023 -- the state wants you to pay that as "estimated tax payments" during 2023, but some people just file it with their next tax return (due early 2024) and pay the small penalty for not doing estimated tax payments.
@MohiniMadhavi
Жыл бұрын
@@ElizabethPW , thank you for this video, it was helpful! Binging your other videos as well. I had exact same question what swcmack asked but the answer was not very clear. Could you please clarify. My question is: What is the due date for Franchise tax fee? Is it on April 15th like any other tax returns we file or is it on the 4th months after I registered the business? For example, I registered a business on July 24th, 2022. Am I due for franchise tax fees on November 15th, 2022? Or on April 15th, 2023?
@nungster686
2 жыл бұрын
Hi Elizabeth. Thank you for a great video! In November 2021, I applied for EIN and seller permit for my e-commerce business as a sole proprietor. If I switch my e-commerce to an LLC, would I have to get another EIN number? Secondly, I have another business as a consultant, if I also switch that to LLC, do I get a separate EIN for the consulting biz or do the e commerce business and consulting business share the same EIN? (Since it’s still me who is the principal of both business) I want these two LLC’s to file tax as S corp. You’re amazing to take the time to help everyone on here. I hope you see my comment but I thank you either way! 🙏🏼❤️🙏🏼
@ElizabethPW
2 жыл бұрын
Yes the LLC taxed as an S Corp would have its own/new EIN. And, if you get a second LLC, it would also have its own EIN. At the end of the year, you'll file S Corp tax returns for each and create two K-1's to give yourself to pay the taxes on the profits.
@kaycali4912
2 жыл бұрын
Can you do an updated video on how to file SOI in California ? As of January 2022, everyone must file a complete SOI. It no longer has the shorter option of “no change filings”.Thank you.
@ElizabethPW
2 жыл бұрын
I think I’ll need to updated versions of all of the CA walkthroughs because they are currently upgrading to a new online filing system! But yes SOIs will be one of them :)
@kaycali4912
2 жыл бұрын
@@ElizabethPW thank you hun :)
@tuquanharrison9850
Жыл бұрын
Question: when you register and submit a payment for an LLC does a EIN get generated if the application is approved? How long does it usually take to receive the EIN? Thank you in advance.
@ElizabethPW
Жыл бұрын
No, you do not automatically get an EIN. The state doesn't give out EIN's -- the federal IRS does. You can apply for the EIN at: www.irs.gov/businesses/small-businesses-self-employed/apply-for-an-employer-identification-number-ein-online
@hugoboss0001
Жыл бұрын
Very Good, informative excellent thank you, I want to create an LLC and get an EIN number also at one point transfer my property to a Living Trust. What do you suggest? Thanks again
@ElizabethPW
Жыл бұрын
Not sure about your question but generally a living trust can own an LLC -- you'd just change it to be manager-managed so the human owner manages it and the owner is the living trust.
@lifewithlaniDUH
2 жыл бұрын
Thank you this!!! I’m wondering whether to start as an llc with a dba or just dba. I know the dba doesn’t give me protection as far as someone else using my name but an llc would Right? Main reason I’m wondering is due to the $800 or more tax… whether I’m a dba or llc I’m still 9/10 going to be paying $800+ for my taxes ,so starting off it doesn’t make a difference if I’m LLC or dba correct?
@ElizabethPW
2 жыл бұрын
Having an LLC doesn't give you protection really -- it just keeps someone *only in your own state* from having the exact same LLC. If you want protection over a name, you'd need a trademark. Yes I agree that the $800/year minimum fee means that for many new biz owners, it makes more sense to be a sole prop / DBA.
@InspiredByEbonyLove
2 жыл бұрын
@@ElizabethPW So if I decide to do buskess as DBA I’m still a business entity or am I just self employed and unable to get a business bank account and get business credit? Etc?
@Eric-de7ph
2 жыл бұрын
Good straight forward video. I think you mentioned that one can opt to delay the effective date of the new LLC from the SOS CA website. How long can one delay the effective date of LLC for? I want to start my own tax practice as an LLC in CA but don't know how long it will take to get any clients. I will to delay at least one month until I can gauge the client level. Thanks
@ElizabethPW
2 жыл бұрын
The future filing date can be up to 90 days in the future of when you submit the form.
@hellayayis
2 жыл бұрын
1st thank you so much for this! I so need it!! As I learned (from Tik Tok at that this year CA is waiving their filing fee) Going from sole propietor to LLC (retail store front) I have so many questions I am so lost. 1) Do I need to refile by Tax Permit and Ficticios business name again? 2) Do I need reapply or reopen my credit card processing service which is under my name obviously and with my social security ( I also don't have an EIN) 3) Do i need to reopen my business bank accounts which are also under my SS # and open them under my EIN? Sorry for so many questions but I can't fund much information on established retail business 😅 who still run as a sole propietor and store front at that lol. I am really behind in all this and I've been in business for some years. I am very ashamed of myself for not organizing my business but I am just really good at selling and not so much at paperwork and filing.
@ElizabethPW
2 жыл бұрын
1 - yes 2 - usually yes but not always, sometimes you can switch it over 3 - usually yes because the business checking for an LLC is a different type of account than for a sole prop It's a common thing for people to be good at the product / service side but not this business admin/legal -- so you are not alone! :)
@hellayayis
2 жыл бұрын
@@ElizabethPW Omg! THANK YOU so much for answering 💕 😭 !! I had so many questions too! You're so kind! I truly didn't think you'd answer me especially since I bombarded with so questions after I found your channel but YOU DID to my surprise! I can't thank you enough!! I AM so lost and oblivious so all this that I went on KZitem to learn/research about the LLC' process in CA and see what I could find and I am SOOO HAPPY to have found your channel! Thank you! 😊 ❤️ 😀
@janetsuarez92322
2 жыл бұрын
Can you do a video on corporate book?
@ElizabethPW
2 жыл бұрын
I'm not sure what you mean - perhaps you mean bookkeeping?
@loubnah5374
Жыл бұрын
Thank you Elizabeth! That was very helpful! I have 1 business and I am working on the second ! One is my main and one I’m planing to be a side hustle! Should I file 2 LLC’s or just one?!
@ElizabethPW
Жыл бұрын
Really depends what is more important - protecting each biz from liability, or saving money/time. Check this out: kzitem.info/news/bejne/0WOgy4VtjXNnbHY
@loubnah5374
Жыл бұрын
Thank you Elizabeth for your answer!
@loubnah5374
Жыл бұрын
Thank you again, I became one of your subscribers! Here is my situation, I’m running a successful licensed home daycare for more than 8 years( I’m sole proprietorship) and I want to start selling on Amazon( by myself, no partners), so for tax and other legal reasons should I have them both under one LLC or in separate LLC’s Appreciate your time, thank you!
@MoneyGrindAndy
Жыл бұрын
thank you for the video. don't you need the operation agreement as well in order to make a business bank account?
@ElizabethPW
Жыл бұрын
You have to check with the particular bank - they will have a list of what they need. Many don't need the Operating Agreement but a few do.
@paulpl4321
Жыл бұрын
How differently do we need to file LLC with purpose of transferring real estate title when its husband and wife?
@ElizabethPW
Жыл бұрын
Well if the LLC is going to own real estate it is usually created the same, but you'd need to retitle the real estate (and also transfer mortgages etc.). One spouse can't transfer community property (like real estate) without written permission of the other
@MinhNguyen-vd8st
2 жыл бұрын
Thank you for your share the information. I'm plan to open the LLC for online business, and I'm about to file the form too. You don't mind if I have few question for you 1) the form service process: will be fine if I choose Indivadual? 2) Can I used the work address used for physical address? Or I must you home address for physical address. Thanks
@ElizabethPW
2 жыл бұрын
1 - Yes you can be individual for the registered agent. 2 - Yes you can use a work address, it just needs to be a physical place where someone is.
@michellebrito-villanueva7036
3 жыл бұрын
Hi Elizabeth. This video was super helpful! Question, for the address may I use the physical address of USPS utilizing my PO Box as a #? Thank you!
@ElizabethPW
3 жыл бұрын
It will probably go through (and is fairly common) but technically it needs to be the physical location. Many people use a commercial registered agent like www.northwestregisteredagent.com/
@Abundanthealthcoach
2 жыл бұрын
I used incfile n paid $30/month n then switched over to northwest to do my filings-very much like Northwest btw. Real people to speak with
@jennzhangcn
Жыл бұрын
Thank you so much. Will follow your video to file LLC myself soon. Do I need get a DBA filed and approved first before filing or so long as no one taken that name is enough? You mentioned northwest, I also see that company’s name on Google research about using them as a representative agent. Do I need to pay yearly fee or monthly fee? Pls advise. Thanks again!
@ElizabethPW
Жыл бұрын
No the DBA is totally different process. If you use Northwest as your registered agent, then you pay them a yearly fee for that
@monmon29monmon
11 ай бұрын
How do I create LLC with more than one partner? It never asks for name of partners or their percentage of share
@ElizabethPW
11 ай бұрын
You'd do that in the LLC operating agreement. Also in the statement of information.
@marka.arcenas9507
Жыл бұрын
Im opening multiple online businesses, à clothing print on demand, à jewelery print on demand A vitamins print on demand. And a frame poster designs print on demand would I need a different LLC for each of my online business or are all my online businesses under one single LLC. Can you also post à vidéo on how to find and régister...agent for a business address I dont want to use my home address
@ElizabethPW
Жыл бұрын
Here's a video I did about this: kzitem.info/news/bejne/0WOgy4VtjXNnbHY & for a registered agent you can check out Northwest www.northwestregisteredagent.com/
@YourAgentSergio
Жыл бұрын
After I form my LLC, what are the follow up steps to keep it active and continue doing business under it?
@ElizabethPW
Жыл бұрын
Once you get your LLC, make sure to file your SOI. Here's a video I did about the 12 steps to set up your biz in CA: kzitem.info/news/bejne/l6h8rpmjiqOHhoY and here's a video on the top LLC setup mistakes: kzitem.info/news/bejne/wIpqs3-dimuDaY4
@Bellatrix250
2 жыл бұрын
Very helpful video, thank you for creating this! I have a registered EIN already and followed the process in your video above. Do I still need to file an 8832 form after filing to be an LLC?
@ElizabethPW
2 жыл бұрын
Welcome! If you want your LLC to be taxed as an S Corp for example, then yes you'd file the 8832. But if you want it to just be taxed as the default (if one owner, as a sole prop) then don't need to file it.
@jazmindi082
Жыл бұрын
Why does the site looks different now I’m having a lot of problems doing it I been stuck for days
@ElizabethPW
Жыл бұрын
I did a new video for the new system: How to Form a CA LLC w/ NEW BizFile Online || Tutorial to Form a California LLC Online kzitem.info/news/bejne/mWuv3HVmh4eGmn4
@kat4animals004
2 жыл бұрын
do you have a video like this for filing a FBN with a county in CA? I need a non home address with a business that will be operating as mobile- serving customers at their location. Thanks!
@ElizabethPW
2 жыл бұрын
In this one I go over some DBA/FBN examples - kzitem.info/news/bejne/0IOH1It3hauDmo4
@mrmonkeey1
2 жыл бұрын
for a home business co owned by husband and wife would that be more than one manager option? thx
@ElizabethPW
2 жыл бұрын
It could be run by the Members (the two of your) or you can pick multiple Managers or just one of you to be the Manager -- it is up to you. Depends upon how you are going to run the business day to day -- who will make the decisions.
@dofdestiny10
2 жыл бұрын
Just found your channel, do you have a video on how to run/operate LLC (corporate formalities) also when is the best time of the year to file your first LLC in CA?
@ElizabethPW
2 жыл бұрын
Hm I don't have a "best time" of year but usually if it is in Dec, I'd file it to be effective Jan 1st so you can have one more year of no franchise fee (under current rules). I talk some about LLC formalities here: kzitem.info/news/bejne/knxq3YmQbZ97p6w
@lindseyblodgett7021
2 жыл бұрын
Hi Elizabeth, great video and super helpful. A follow up question, can I use a PO box as my address and then opt to have myself as the registered agent?
@ElizabethPW
2 жыл бұрын
The registered agent address and the business street address need to be a street address - the system will reject a PO Box in those fields.
@lindseyblodgett7021
2 жыл бұрын
@@ElizabethPW Thank you for your helpful reply. Btw your videos are very informative, simple, and entirely helpful. Thank you for sharing.
@josephrosales3834
Жыл бұрын
Hi Elizabeth, Thanks for the great info you've provided. Do you have any information about any quarterly fees California may implement through the year?. Does it depend on the business if so? I run a Moving business. Also, it sounds as if I can be my own personal register agent except if so i would need to provide my home address for my business since i work from home and providing my home address doesn't seem ideal doing. Can i use a virtual address or P.O.Box? Thanks in Advance!
@ElizabethPW
Жыл бұрын
You may need to file quarterly tax deposit to CA and/or the IRS, but that depends on how much profit and other income you are making. Yep you can be your own registered agent but yes you'd need to share a street address. You can use a virtual address for mailing but the RA address needs to be a street address
@sdgoodguy7345
Жыл бұрын
Can the register agent address be a PO Box address? Thanks
@splatsplatsplat69
2 жыл бұрын
Hi Elizabeth! Thank you so much for all the informative videos, they’re sooo helpful beyond words. I did have a question regarding the addresses. If I purchase an office space to use as my address and mailing address (they have a forwarding service available), could I then use myself as the service of process/registered agent? I’ve been looking into NorthWest Registered Agent like you’ve mentioned, and from my understanding it seems that they too can let you use their address as your own physical address and have mail forwarding as well. I guess another question would be if you recommend them for this service as well? Unless I’m totally wrong and that service is just for being the registered agent. Thank you in advance
@ElizabethPW
2 жыл бұрын
Technically the registered agent address is supposed to be where someone is physically so they can be served with legal documents. So if it is a co-working space where you are at sometimes, that's one thing, versus a virtual address. Yes my understanding is that northwest will serve as the RA and the physical location address. I think they also allow the address to be used as the mailing address in the LLC/Corp initial filing, but not sure if they let you use it for all mail. Typically people also get a PO Box or virtual mailbox for regular use.
@mazaspan3025
2 жыл бұрын
Very informative! Gained a follower. When it says address, do we enter our home address(small business) or CA agents address?
@ElizabethPW
2 жыл бұрын
It depends upon your registered agent. Some of them allow you to use their address for the business location address, and others do not.
@artsandoval8656
Жыл бұрын
Great information... is it the same in texas
@ElizabethPW
Жыл бұрын
Texas does have online filing, here's the link: direct.sos.state.tx.us/
@almeqdadtannan2942
3 жыл бұрын
Thank you this info. Can I change from a DBA to LLC or S CORP?
@ElizabethPW
3 жыл бұрын
Yes you can - here's a video about converting a DBA (sole proprietorship) to an LLC: kzitem.info/news/bejne/yn9t3a2Ne3RprI4
@johndunne275
Жыл бұрын
So I watched your video over the last weekend. I did everything you explained in the video to set up my LLC but I have nothing in my email and nothing hitting my bank account. And even more strange, I go to the bizfile login page and it doesn’t even seem like I set up an account which I did do. Recommendations?
@ElizabethPW
Жыл бұрын
Hm well bizfile does have glitches still and it does take them usually 3-5 business days to process (a person reviews and accepts it) so that's when you'll get the email etc. There's no $70 fee right now (special rule for right now) so you won't see that charge. But are you also saying you can't even log in to bizfile? You could try resetting your password to see if that resets your account so you can login (and then see the pending LLC in your "work queue").
@oegesauto5619
Жыл бұрын
Thank you for this awesome video . Definitely deserved a thumbs up. I have a question, i recently opened up my small independent car dealer business so I have already obtained my license under my business name. I wanted to add the LLC to the name, is that something I can do since I’m already orating as a business in California ? I already have an EIN and catfa tax forms. Just wondering if this will cause me to change the entire name of the business and I’ll have to get all new forms
@ElizabethPW
Жыл бұрын
If you did not have an EIN (if you just had a DBA), when you switch over to an LLC then you typically need to get a new of everything (a few things can be just switched over, but usually you need new ones). But if you always had an LLC & just didn't put the name right in the forms, then you can try to amend the forms to fix them (probably need to email or call whomever you filed them with to get the right forms to amend them).
@oegesauto5619
Жыл бұрын
@@ElizabethPW thank you so much for the reply . Sounds like I may have to change everything at this point. Might be the easiest way. Thank you
@zeeshan78647
2 жыл бұрын
if we are outside of usa resident how i can a register a business in california without office address and contact detail
@ElizabethPW
2 жыл бұрын
You'll need a registered agent and contact information. Some registered agents (like www.northwestregisteredagent.com/registered-agent/california) will let you use the RA address as your location address. But you'll need to have some kind of mailing address -- you could use a virtual mailbox for that.
@marka.arcenas9507
Жыл бұрын
Would I need to renew my LLC if so how often how much will they chargé Thank you Very Respectfully yours M.A.A.
@ElizabethPW
Жыл бұрын
What you have to do is file a Statement of Information on bizfile (current cost $20) - it is not actually a "renewal" but it has a similar purpose
@dreamlinehealthsolutions5718
6 ай бұрын
Can I apply llc for my friend via mail instead of filling via email.I am not an attorney or cpa. Thanks
@ElizabethPW
6 ай бұрын
If you are the agent for your friend, you can fill out the forms etc but make sure to not given them legal advice. Also have them sign something stating you are their agent
@polly6797
7 ай бұрын
Hi! I have just watched a lot of your videos! Why would I choose a company like NorthWest to file for me instead of doing it myself? There must be a good reason right? Is it much simpler?
@ElizabethPW
7 ай бұрын
Tbh I’d just do it myself. But sometimes people try to and they are overwhelmed, which is why hiring it out can be a good idea
@miriammillan
2 жыл бұрын
Hello, my question is, can we open a business bank account with the copy of the filing before the LLC Business is officially operating? (Dated in the future weeks/months)
@ElizabethPW
2 жыл бұрын
The bank will likely want the "file stamped" copy that says it is accepted. Also, if it ends up having some error that you need to fix, that won't be the right document anyway.
@marka.arcenas9507
Жыл бұрын
I also am going to open other businesses all online like for shopify and etsy..and other print on demand online services would I need to get a new LLC everytime I open a new online business or can I use the same LLC for all my online businesses
@ElizabethPW
Жыл бұрын
You can put multiple biz in one llc, if you are ok with them all being liable for each other
@marka.arcenas9507
Жыл бұрын
@@ElizabethPW thank you
@asifahmed9589
2 жыл бұрын
Can you advice I am going to be single business owner should I open LLC or S Corporation
@ElizabethPW
2 жыл бұрын
Here's a video on LLC vs S Corp kzitem.info/news/bejne/rmioqmGtjpV0pZg
@martinez1701a
2 жыл бұрын
When I file my LLC and use my home address and be my own agent can I change that later on?
@ElizabethPW
Жыл бұрын
Yes you can. You'd file an updated Statement of Information to change your addresses & RA, at that time.
@jessicamaldonado2636
Жыл бұрын
Hi Elizabeth. Thank you for this video. What about articles of corporation? I was told they are needed to file for LLC. Is that true? If so, where do I find a template?
@ElizabethPW
Жыл бұрын
For an LLC filed in California,. if you file online, the bizfile system is creating the "Articles of Organization" for you.
@BurritoBrooks
2 жыл бұрын
Looks like they just updated the website and now this is difficult or impossible to follow. 😭
@ElizabethPW
2 жыл бұрын
Hi - yep they just updated their website at the end of last week - I will be recording all new videos!!
@BurritoBrooks
2 жыл бұрын
@@ElizabethPW Looking forward to it 🙂
@mikekash9294
3 жыл бұрын
Thank you for your information. I am creating an llc to apply for TCP permit to Uber Black. Is this the best route? Thank you
@ElizabethPW
3 жыл бұрын
I haven't handled TCP permits so not sure if being an LLC is helpful in that specific situation, sorry!
@melaniebrown5761
2 жыл бұрын
Hi! How can I change my LLC name? Thank you!
@ElizabethPW
2 жыл бұрын
To change the LLC name with California, you will file an "Amendment to Articles of Organization" - you can use the online filing system for that.
@hellayayis
2 жыл бұрын
1) Can my LLC name be DIFFERENT than my store front name? 2) I filed a fictitious business name (DBA) and its the name I have on my store front. 3) Do I need to refile my Fictitious business name or update with the county? Thanks. Small business owner here
@ElizabethPW
2 жыл бұрын
1 - yes, typically you'd get a new FBN for the store name, but owned by the LLC 2/3 - yep, I think in CA they always make you do a new one instead of switching it
@hellayayis
2 жыл бұрын
😊 Thank you for helping me! 🙏
@dross0123
Жыл бұрын
How do you add your spouse to your LLC? In a community property state (California) and looking to have both spouses, but SMLLC. Thank you!
@ElizabethPW
Жыл бұрын
Well you add the spouse the same way as any other new owner, typically issuing them membership shares via a declaration/vote of the member and adding them to the operating agreement. Here's the rule on SMLLC for community property states, if you don't have it: www.irs.gov/pub/irs-drop/rp-02-69.pdf
@dross0123
Жыл бұрын
@@ElizabethPW Thank you! Are there any issues if I selected "one manager" for the management structure despite just having one member and that member being the manager? I know this technically can be amended, just trying to avoid the $30 amendment fee, but also don't want to run into issues when opening up a bank account, etc.
@ElizabethPW
Жыл бұрын
You can have one manager for a one-member company, that's fine. You'd just be the member and the manager
@rmarcweaver
Жыл бұрын
can you be the REgistered Agent for our CA LLC?
@ElizabethPW
Жыл бұрын
No I don't provide that service. I recommend www.northwestregisteredagent.com/registered-agent
@alexbethea7009
2 жыл бұрын
Question I just finished an Entity name reservation for my LLC and when I went to do the Articles of Organization it asked me if I was using a previously reserved name and I put yes and it asked me to select a reserved name but it just says select an option and doesn’t let me select. Is that bc my registered name is still pending ??😅
@ElizabethPW
2 жыл бұрын
Hm yes my thought is that the name reservation has to be processed first. I just checked (www.sos.ca.gov/business-programs/business-entities/processing-dates/) and today (4/13/22) they are processing name reservations that were filed online on 4/7/22. So looks like it may take a few more days.
@felixtube71
5 ай бұрын
I heard you can get dinged twice for LLC fees depending on when you file during the year?
@ElizabethPW
5 ай бұрын
So if you created an LLC on Dec 1st, for example, then yes you could be liable for $800 for the first calendar year (that's only one month) even if the business didn't actually start, as well as the next year (when the business was actually launched).
@felixtube71
5 ай бұрын
What is the 800 dollars? I thoguht it was only a couple hundred?@@ElizabethPW
@felixtube71
5 ай бұрын
Oh i see its an $800 tax at the end of every year. so then cost wise i expect the registration fees and the agent fees and then at the end of the year the tax for 800
@jrnungester4609
2 жыл бұрын
Thank you so much. Can an LLC formed here in California buy real estate in other states? Or do I need to create a separate LLC? Thanks again.
@ElizabethPW
2 жыл бұрын
Yes you can use a CA LLC to buy real estate in other states. The issue is whether you'd need to register as a "foreign LLC" in that other state (which depends on that other state's rules). Sometimes also people hold each property in their own LLC to minimize risk, but as you can imagine, that can get expensive.
@jrnungester4609
Жыл бұрын
@@ElizabethPW so I created a Wyoming holding company and now have a business partner in Texas to buy real estate. We are wanting to create an LLC to do this business. Can (should) my holding company own 50% of the Texas LLC? Or should our personal names be on the new LLC? Once again, thanks for your amazing help.
@marthanunez6470
Жыл бұрын
Hey 👋! Im trying to make a LLC but it keeps saying a "valid name designation is required" but I know my name isn't taken. What do I do?
@ElizabethPW
Жыл бұрын
Ah so that means you need LLC (or similar like L.L.C. etc) after the name. That's the "name designation" you need. Sometimes people will forget that or they will put Inc instead of LLC
@marthanunez6470
Жыл бұрын
@@ElizabethPW thank you! That was so helpful!
@cuguam
2 жыл бұрын
Thank you for all the great information. If I decide to file for an LLC on the Secretary of State of California website. Do they provide me with EIN or do I have to apply for one somewhere else? Thank you!
@ElizabethPW
2 жыл бұрын
Hi - you need to get the EIN from the IRS: www.irs.gov/businesses/small-businesses-self-employed/apply-for-an-employer-identification-number-ein-online
@cuguam
2 жыл бұрын
@@ElizabethPW Thank you 🙏🏼
@a.b.7542
2 жыл бұрын
Hi Elizabeth, thank you for your video. Question: how dificult is it to change the LLC address once filed?
@ElizabethPW
2 жыл бұрын
You'd just do a Statement of Information filing to change the addresses -- not a big deal. Might have a fee of $20, depending upon when you filed the last SOI.
@a.b.7542
2 жыл бұрын
@@ElizabethPW thank you.
@JL-xg7xb
Жыл бұрын
How do I a legitimate register agent ?
@ElizabethPW
Жыл бұрын
You can serve as your own registered agent if you are okay with your physical street address being public. Otherwise, you can use a company like Northwest northwestregisteredagent.com for example
@lilypad229
2 жыл бұрын
Is there something additional to filling out this “form” online that you showed us, and paying the $75. What happens after you filled out this form and paid. I feel like there has fo be more to it. Thanks in advance
@ElizabethPW
2 жыл бұрын
Great question! While filing this form legally sets up the LLC, you will also need to do other things to get the business itself set up. Here's a list of those general business items: kzitem.info/news/bejne/l6h8rpmjiqOHhoY Also for an LLC you should have an operating agreement, but it is not legally required.
@OwnYourOwnBus101
2 жыл бұрын
Is choosing the (LLC) suffix at the end of the business name required or optional in California?
@ElizabethPW
2 жыл бұрын
In California you need to use LLC, L.L.C., Limited Liability Company, or you can abbreviate Ltd. Liability Co.
@Rapid99_
Жыл бұрын
Hello, how can I find attorney in my area to help me file my LLC? I’m new to this.
@ElizabethPW
Жыл бұрын
You will want to look for a business attorney. You can ask at local business networking organizations for referrals (or attorneys who attend). You can also look on websites like Avvo or UpCounsel, which have reviews. There are also local groups for attorneys, like the "Bar Association" for your county or city --google that to see if they have any lists or referrals.
@Rapid99_
Жыл бұрын
@@ElizabethPW Thank you 🙏
@salveruh4261
2 жыл бұрын
Where can I get a business address in California?? Cali doesn’t accept PO boxes
@ElizabethPW
2 жыл бұрын
Here's a video where I go over addresses: kzitem.info/news/bejne/to-f3m2Cp2ebfpg
@lashionlove4059
2 жыл бұрын
some one created an LLC for me in the State of Arizona am i able to use it in California as well as register it. can some please help!,,,,
@ElizabethPW
2 жыл бұрын
Yes you can use an Arizona LLC to operate a business in California. You might need to register as a "foreign LLC" in California, though. The other option is to merge the Arizona LLC into a (new) California LLC, to move it to CA.
@vanityrose3910
Жыл бұрын
Do you file the LLC before or after the USPTO federal trademark ? And do you need to file a DBA also in California with this LLC?
@ElizabethPW
Жыл бұрын
If you are going to do both, file the LLC and then as soon as it goes through, file the trademark. But don't put off the trademark if you are going to put off the LLC. You only need a DBA if the name you use for your business is different than the legal (LLC) name.
@vanityrose3910
Жыл бұрын
@@ElizabethPW Okay thank you for this. By the way is it correct that you have to pay $800/ year after the 1st year of having your LLC, and that the time for that 1st year starts immediately regardless of how close to the end of the year we are in right now? Is this accurate?
@ElizabethPW
Жыл бұрын
Yes it is based on calendar year (so like 2022) regardless if you only formed your LLC for a short time in that year. So yes your "free" first year would be 2022 even if you created the LLC today (October). Note -- the "free" first year rule is only for 2022 and 2023 unless they add additional years.
@JAA62Chevy
3 жыл бұрын
If u wait until the beginning of the year to file can that cause for someone else to take your company name??
@ElizabethPW
3 жыл бұрын
Yes - but you can “reserve” the name with the state
@DJPAC2009
2 жыл бұрын
When and how do i have to pay the $800 annual fee after completing this step ?
@ElizabethPW
2 жыл бұрын
For the $800 minimum franchise fee, you get the first calendar/tax year free. For the second year, they want you to make estimated payments during the year, but many people pay it with their tax return (there will be a penalty of a few %).
@Jicatita.durango
2 жыл бұрын
Hi Elizabeth what is the price You charge to help to create a llc Company in California?
@ElizabethPW
2 жыл бұрын
Right now my LLC Startup Package fee is $1550 - that does not include government filing fees or publishing fees.
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