[Frantzie]

There are dozens of incorprators. Any suggestions? How to get an EIN fast.

Thanks.

[Frantzie]

Oh also S corp or LLC? Small service companies and one is an investment and share ownership. I am leaning towards LLC.

[TheThirdRuffian]

It depends on where you intend to “do business” as my lawyer calls it. You have to domesticate your business in each state where you do business and generally the fee is the same or more than doing business in the state where you will do business.

I do business in TX, NM, and Utah. I use a Texas LLC and purport to be based in Texas. For my NM and UT work, I have to segregate it and pay taxes accordingly.

I also do business in Peru, and have opted for Cayman Islands for that work.

It is not a “do it yourself, online, thing.”

[TheThirdRuffian]

Once you have the Corporate Charte (or Certificate of Formation or whatever the state of incorp calls it), you can get your EIN in a few minutes on the IRS website.

[RJL]

I've read several times of rich celebs moving to where you are now, Florida, because of asset protection laws and no state income tax.

[bpjam]

But an LLC in New Mexico doesn’t require any personal information about the owner to be public - period. The atty filing the LLC is the ‘registered agent’ and nothing else gets filed. You could literally sell your LLC to somebody else by signing it over on a piece of paper and nobody including the attorney who created it would know.

Total anonimity. Otherwise, NV is easier to deal with.

[Raycpa]

Get some pro help, call a CPA tomorrow.

Your not going to save money by incorporating outside the state you are operating in because you will have to pay a fee in that state and still be subject to income tax in that state.

also, an LLC can become an S corp by filing the right forms.

[grigz27]

As well meaning as some of the above posters are, please do your research.

If you are living in FL, and register your business in WV, and conduct business in Florida, you will still have Nexus in FL no matter the state you registered in. Nexus is key. I know people in NJ think they can get around NJ tax by registering in NV, WRONG!!! You pay where you earn...

There is a difference between and LLC and an S-Corp. Anyone can be an LLC, it is a limit of liability (legal protection) a schedule C on a personal return can be an LLC, S corporation is a Tax designation. 2 entirely different things. If can make an election to be treated as an S corp if an LLC or you can just register as an 1120 (S).

S corps will have their own tax return that is required on an annual basis (1120S) due 3/15/XX if Calendar Year filer, as well as any state filing requirements needed to maintain registration within that state.

So to sum up...call a CPA or ATTY before moving forward their fee