This is helpful, got a letter in the mail saying I had to do this, I scan the qr code, I filled out the information then they wanted me to pay $299 I’m like no way , there’s gotta be another way , this video is so helpful thank you for posting it.
Thank you so much! Super helpful and simple when someone walks you through this process. You also saved me $195, if I had my tax accountant's assistant submit it for me.
my lawyer told me they will do it for $600 😂 Sent me a document to fill out which was basically this whole process. They would have copied and pasted it and clicked submit. Absolutely can shove their 600 dollars up their asssss 😂
Can you create a movk video for those business that are exempt from filing and what it looks like to complete? *This is not a request for legal advice.
I have two entities, a Wyoming LLC and an Oregon C Corporation. Neither entity has any employees. The beneficial ownership of my LLC is 80% my Living Trust. The beneficial ownership of my Corporation is 100% my living trust. The identifying number for my Living Trust is my social security number. Do I list my Living Trust as the beneficial owner and use my Social Security number as the identifying number?
Hello there, thank you for the video. May I ask for foreigners, what should we put down for the US company address? Can I put down my virtual office address?
There's more to it than legal ownership.... The BOI should also include anyone who has substantial control or makes decisions on behalf of the business.
@@nathaliesmith8631 Hi, Have you sorted this out? I am just filling out the BOI report and it explicitly states that I can't use VA, P.O. Box, or registered agent address.
found thus on the quick reference guide: : Collect the required information from beneficial owners and company applicants (if applicable): each individual’s name, date of birth, address, a unique identifying number from an acceptable identification document, and the name of the issuing jurisdiction of that identification document. (If an individual has a FinCEN ID, that may be collected instead.@@lvluplegal
Mam I want to close my llc permanently and I want to know (BOI) is mandatory for me before dissolving my llc. Mam please clear my doubt. My LLC is non resident llc in NH State and i am from India
This is helpful, got a letter in the mail saying I had to do this, I scan the qr code, I filled out the information then they wanted me to pay $299 I’m like no way , there’s gotta be another way , this video is so helpful thank you for posting it.
I am so gald that this was helpful! Please subscribed to us and we will provide more videos like this!
Amazing! Straight to the point with no fluff. Fan for life!
Thank you so much! Super helpful and simple when someone walks you through this process. You also saved me $195, if I had my tax accountant's assistant submit it for me.
my lawyer told me they will do it for $600 😂 Sent me a document to fill out which was basically this whole process. They would have copied and pasted it and clicked submit. Absolutely can shove their 600 dollars up their asssss 😂
Thanks so much! Directly to the point!
Thanks for the simple instruction
Thank you for the valuable information you shared.
Glad that it was helpful!
Thank you - we appreciate the kind words.
Thank you! You made this process simple.
Glad it helped!
Simple and easy, thanks!
It is a big help. Thank you!
thank you for this info
Thank you for speaking slow
Thank you Kameron Monet 😊
She is such a great addition to our team! Hope this video was helpful
THANK YOU!!!
You're welcome!
Can you create a movk video for those business that are exempt from filing and what it looks like to complete? *This is not a request for legal advice.
What if it’s an LLC owned 100% by a C Corp?
I have two entities, a Wyoming LLC and an Oregon C Corporation. Neither entity has any employees. The beneficial ownership of my LLC is 80% my Living Trust. The beneficial ownership of my Corporation is 100% my living trust. The identifying number for my Living Trust is my social security number. Do I list my Living Trust as the beneficial owner and use my Social Security number as the identifying number?
No mention why all business owners should be offended. WEAK!
Hello there, thank you for the video. May I ask for foreigners, what should we put down for the US company address? Can I put down my virtual office address?
Hi, if there are more two Benf Owners, where do we put the second person's info?
Yes - anyone over 25% ownership you have to complete the full application.
Thank you so much for the video. If don’t have any beneficial ownership, what should I do please? Thank you
Every business has an owner - it is whoever signed and created the business.
Should I upload my ID both side, or just the front?
It asks for both!
Does anyone know if this acts applied to foreign companies operating in the US?
I’m confused. I’m the sole owner of my LLC. Why do I have to file this? Also, my LLC certificate does NOT have a tax exempt number 🤷🏼♀️
I too don't get it
You have to get the number thru irs.gov
They’ll provide you with an ein
Hi, I am formed my LLC on 12-28-2023, as the one member and going to start this new year 2024. Does this ACT apply to me too?
Thank you so much.
This is not legal advice - but yes you need to name both you and the other member as a beneficial owner.
Thank you so much for your professionalism, this is very helpful for me.
Glad to hear! Please feel free to reshare :) @@LuisMLuna-u7q
Is this really all you have to do for CTA?
mam if i disclose my llc before january 1 ,2025 .Is it mandatory for me to submit BOI before disclose llc.
Every business should do this.
Will this need to be filed each year?
Hi. If we are several members of the LLC, only the EIN holder is presented in the BOI or do there have to be all 3 members?
Only those that have 25% or more stakes in the company has to be in the BOI
There's more to it than legal ownership.... The BOI should also include anyone who has substantial control or makes decisions on behalf of the business.
It is every person with 25% or more.
And my other question is: for the business address, I am using a virtual address, Is that okay to use it? Thank you
You may use a virtual address but generally do not use a P.O. Box.
Thank you so very much 😒
@@nathaliesmith8631
Hi,
Have you sorted this out? I am just filling out the BOI report and it explicitly states that I can't use VA, P.O. Box, or registered agent address.
Do you need to add a id for each member or does each member need to fill out their own form?
Every owner needs to fill out their own form!
Believe you need to add each owner to the entity that is submitted@@lvluplegal
found thus on the quick reference guide: : Collect the required information from beneficial owners and company applicants (if applicable):
each individual’s name, date of birth, address, a unique identifying number from an acceptable
identification document, and the name of the issuing jurisdiction of that identification document.
(If an individual has a FinCEN ID, that may be collected instead.@@lvluplegal
Mam I want to close my llc permanently and I want to know (BOI) is mandatory for me before dissolving my llc. Mam please clear my doubt.
My LLC is non resident llc in NH State and i am from India