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Ss 2017 Form

hello Internet it's Jim Bakker here I'm making a quick video to go over how foreign owned u.s. single member LLC's and I guess multi member LLC's partnerships can get a u.s. for a US tax ID number this is required if you have a u.s. LLC for compliance for opening a bank account for getting your forms 50 for 72 in and it's not necessarily a complicated process well it is complicated but it's I'm explaining to you how to do it too uncomplicated so this is the form form access for you can google it that's all I did it came up here well let's say it was let's take a step take a step back first you need to set up your entity with getting articles get the corporate documents the LLC documents from whatever state you decide to create your LLC in many of my clients go with Delaware or some with Nevada some locally and depending where they're doing business but generally now I'm missing in Delaware just because of the different reasons the case law and different support but anyways you show up your element you Delaware LLC gonna have the owner and now you can fill out your SS for to get your tax ID your employer ID number it's gonna be up here so you need to put in your legal name I'm gonna call mine Jim Jim's uh OSI trade name I'm executive mailing address address city state was it the trooper business created us a name of risk oh no no no County excuse me County would be my County so it's the county of warrior mailing addresses so if you're using a del reloj C you'll have a registered agent out there and you'll use their address and you'll use their County so I'm looking at one I did recently just as a as a note so you can put the county and you should be able get that all from the registered agent the name of a responsible party your maker now I'm if you're a foreign person I'm assuming you don't have a social or ITIN or an EIN and that's really the whole reason that you have to go this route to complete this form because if you have one you can just get this some done an IRS website here you have a social in the u.s. system and you're already in the system you don't really need to do it this way so we're gonna turn LOC this application for a limited liability company yes a number of members if it's a single member it's only gonna have one if it's multi it's gonna be a partnership so you know if it's multi member if you organize the United States yes so we're talking about single member LLC's so that's nothing on this list and down here if you have multi members if you had two you'd put a partnership but because it's not the other you're gonna specify it to be this a exactly exactly what this says specifically or in the rest disregarded entity nice and no corporation reason for applying would be start a new business of course no employee a division started and that's when you would put it on the on the whatever your your articles of my articles and corporation but your your state documents yeah the articles of organization I got stuck on that one so the day was organized let's say this is a 1 1 2018 closing with Fayette County here here we put December employment tax no employees you can't have employees you can but you generally that's not defeats the purpose of what we're trying to do that's for another video one box that describes it and this is like I usually do the comma I fit depending what it is put your business online business and this is all determined on like will this bar down here's the term all what your actual businesses and okay principal line of merchandise sold or services new web services never applied for any i n unless you have the designee is if you have an accountant like me doing it that's weird I'm doing this for myself so Jim Baker and you put the phone number the phone number address X number then your information this is Jim Baker and before the person the person that's the responsible party 7a should be the person here you have to actually print it and give a good physical signature and give it a really good clean copy and date it and then put your information in here too and there's instructions exactly like do you need it and there's other instructions online but this is really it's a straightforward form and if you have the information it's good so great you have this form you have it signed now what I've called the SS for the phone number for them and they changed the rules you can't do this over the phone anymore you should be able to do it over the phone and they'd give you the number right away now they have a fax number which M you can write this down I'll probably put it in the in the description below this is the IRS for any I am fax number and if you fax this to them they should fax you back your tax ID in a week week-and-a-half assuming there's no problem is that that problems I'll fax you back what the problem is and they might ask you for a lot of times they'll ask you for you or your articles of organization some other proof that you're a real company and then you can send it but as long as you have the argan oil articles of organization and you know you have it set up it should be you should be ok they might have some pushback but you can always respond and follow up so it's not as easy used to be but it's definitely not impossible you have to have a little patience and you have to you know send in a clear document because if you send this in it's hard to read and they can't read it I would just say no and they might not even respond to you so the phone support the IRS is getting overwhelmed the tax law changes and everything going on so the phone support is not very responsive so you might not get help from them quickly if you're especially if you do trying to expedite this so you got to be patient especially on the phone and just get this in faxed in as soon as possible and just wait a wait a week and then call them and try and bother them again that way so I'll try and find the right phone number to put in the description as well of the video so that if you need to do this yourself you can reach out to them I'll put a link to the ss4 and we'll go through it from there so I hope this was helpful quick video on how to complete a and SS for for a foreign owned US single member LLC in order to get a tax ID you hope you find a better more eloquent way to name that for now that said thank you hope this is helpful