California LLC Free Master Class - How to Start a Single Member LLC in California

Starting a California LLC? This video will cover everything you need to know about forming an LLC in California including the difference between a sole proprietorship and an LLC, the costs to start and keep an LLC active, common LLC mistakes to avoid, how to form a California LLC, and important things to know after you start an LLC.
#llc #californiallc #californiabusiness
0:00 Intro
0:29 LLC or Sole Proprietor
3:00 Understanding California LLC taxes
4:00 S Corp tax status for an LLC
5:57 California LLC costs
14:35 How to pay yourself as an LLC
20:52 Common LLC mistakes to avoid
28:44 Keeping your California LLC compliant
32:31 How to form a California LLC fast and easy
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DISCLAIMER:
Ginny Silver and Retrospect Images, LLC provides content to KZbin for entertainment purposes only. It is the responsibility of the viewer to verify all information as information may be inaccurate or outdated. Ginny Silver is not a CPA, attorney, insurance agent, lender, EDD or other government employee, or financial advisor and content in these videos shall not be construed as legal, financial, tax, government, or other advice. You are urged to contact a certified professional to help your individual needs.

[@ginnysilver]

INCFILE - Form your LLC for $0 (affiliate link) shareasale.com/r.cfm?b=617326&u=709885&m=53954&urllink=&afftrack=

[@A-Xtreme]

I love you!!! You have helped me so much with starting my business. You have taken the obscurity of it all and shun LIGHT !!! THANKS FOR YOUR VIDEOS! The quality is incredible and the content is a life saver. Wish you the BEST!

[@ginnysilver]

I am so glad to hear that!! Thanks so much for letting me know 😁

[@Heimskie]

Excellent video with very useful information. Well done Ginny keep them coming!

[@ginnysilver]

Thank you!

[@george-st-george]

All the Great information that we need !!!!!!! Thank You !!!!

[@ginnysilver]

😀

[@jinhomui7713]

This is such an amazing detailed video! thank you for sharing!

[@ginnysilver]

Very welcome!

[@MadOldMan-ck5wq]

Good evening we tried this and a Living Trust Thief stole our A side of our Blended B family home and put us and Uncle Russ on the Buss in Cuffs. When a greedy grantee trustee on our blended family framed him for LLC forgery.

[@fanyfavela2702]

Damn sorry man!

[@salr2901]

Thank you for this video 😊👍

[@ginnysilver]

Very welcome!

[@mykyrox]

Can’t wait for the 2024 update of this

[@ginnysilver]

Not much has changed!

[@paulmeranian221]

thk u Ginny!

[@ginnysilver]

Very welcome!

[@ricorashid1700]

Hi Ginny, I like to know if i can cancel the registered agent service after one year of free service with Incfile?

[@ginnysilver]

Yes!

[@DanLe-ml9wq]

Hey thanks for the helpful tips! I have a virtual address for my business and I was wondering if would you have to get licenses for the city where your virtual address is or where your home address is?

[@ginnysilver]

It depends... You you have a virtual mailing address intended just to receive mail or is it a service that allows you to register your business address there as a virtual office (this is usually a higher cost)

[@DanLe-ml9wq]

@@ginnysilver I used ipostal1 to get a virtual address to register my business (the $15/month plan), it's a virtual address in LA and I'm based in Folsom

[@DanLe-ml9wq]

@@ginnysilver I used ipostal1's business plan to have a virtual address for my business in LA and my home's based in folsom

[@Tallterryjr]

Hey Ginny, I have a virtual address as well as a UPS P.O. box with street address included. is having both a waste of money or is it ok to have the virtual address as my business physical location and the P.O. box as my return shipping address?

[@ginnysilver]

You can do that legally, but there is no reason to financially. You can't register a business to a PO Box but your virtual address should be able to receive your mail.

[@Tallterryjr]

@@ginnysilver Great, so for opening a business bank account the UPS P.O. Box with street addressing will work?

[@joebersik9846]

🏅

[@ginnysilver]

❤️

[@joebersik9846]

😍

[@joebersik9846]

😌

[@ginnysilver]

❤️

[@joebersik9846]

🙂

[@ginnysilver]

😃

[@joebersik9846]

😃

[@ginnysilver]

😀

[@joebersik9846]

🙃

[@ginnysilver]

😃

[@tonyjalili2367]

Voice is terrible, low quality unbearable

[@ginnysilver]

Your face is terrible, low quality unbearable.