How an LLC Protects Your Personal Assets

[@HowtostartanllcOfficial]

We Recommend using Northwest to form your LLC which includes 1 year Free Registered Agent Service. 💼 Northwest 85% Discount link - go.truic.com/48qhtbI (paid) ($29 + state fee) Maintain your LLC's Corporate Veil howtostartanllc.com/maintain-llc-corporate-veil

[@GunninWizard]

solid info short and to the point, IM getting ready to buy a flower shop and the current owner is hiding massive amounts of income from the IRS, I need to make sure that I don't acquire any past possible taxes along with the business if IM ever audited.

[@HowtostartanllcOfficial]

Interesting. Are you working with an attorney or CPA?

[@CultivationCulture]

❤Thank you for sharing ! I have been building a brand and I am needing a little assistance forming the LLC in VA. Question: 🙋‍♂️ • Can I file For SS-1 for my EIN first? Then, File Form R-1 ??

[@CultivationCulture]

OR, Must Submit {Form R-1} First?? @HowToStartAnLLC ❤ #HowToStartAnLLC ❤

[@cw286]

How do I change my business name in Florida? Just looking for some assistance if possible!

[@HowtostartanllcOfficial]

Hi, thanks for the question. If you have an LLC, you will need to submit this form (and payment) to the state: files.floridados.gov/media/702399/cr2e049.pdf If you have a fictitious name, the process if different. Let us know if that's the case.

[@Rajphotos_usa]

Can i open a LLC for my photo business and use it for amazon FBA business ??

[@HowtostartanllcOfficial]

Yes, absolutely. Many small business owners choose to form an LLC that acts as an umbrella for several businesses. The main LLC might have a more generic name and then the businesses might have registered DBA (doing business as) names. Which state are you in?

[@iamanovercomer3253]

What happened to my first comment ❓️

[@HowtostartanllcOfficial]

This is the only comment that came through. How can we help?

[@iamanovercomer3253]

​@@HowtostartanllcOfficial what about a s corp to a LLC ❓

[@HowtostartanllcOfficial]

An S corporation is a tax election with the IRS. An LLC can be taxed as an LLC, S Corp, or C corp. If you have an LLC and you elect to be taxed as an S corporation, you'll still have personal asset protection. Does that help answer the question? If not, please let us know and we'll circle back to you!

[@JJ-dx3pu]

First

[@Saf_Ibn_Sayyad_Bacon]

Lool