Frequently Asked Questions
Q: How do I submit payment?
A: Once your form has been submitted, our payment window will automatically replace the form on the web page. This can take a few seconds depending on your connection speed, so please don't refresh the page - it's trying!
Q: Why do you need my social security number?
A: When filing a new corporation, the government needs your social security number (SSN) in order to verify that you are both who you say you are AND eligible to own and operate a business. Luckily, our form uses HTTPS encryption (much like our website) to keep your data safe.
Q: Why did my video freeze?
A: That's called "buffering", and it has been a thorn in the side of smooth internet videos for decades. Simply pause the video and give it a minute or two to load. If your connection is especially slow at home, break for coffee or something while it loads - just make sure you leave the page open to buffer!
Q: Why doesn't the video password you gave me work?
A: We change the passwords to all of our videos and client portals periodically. If yours is no longer valid, simply email firstname.lastname@example.org to request the new ones.
Q: Who is Omni Resources?
A: This Colorado based business consulting firm has over 30 years of successful entrepreneurship experience, specializing in jump-starting the average small business.
Q: Why should I use Omni Resources?
A: We are a company recognized for years as an industry leader in providing complete full service incorporation and business consulting programs for individuals and companies alike.
Q: What is an S-Corporation?
A: One of several tax elections provided by the IRS for a small business having 0-49 employees. This tax election does not require the company to demonstrate showing a profit after 3 years in business.
Q: What is the difference between an LLC and a Corporation?
A: According to IRS regulations, an LLC is subject to a higher tax bracket than a corporation. This is just one of several drawbacks for an LLC type of business structure vs. that of a Corporation.
Q: Why should I choose an S-Corporation?
A: One reason, out of many, is the owner(s) of an S-Corp. can treat all business expenses as personal tax deductions on his or her personal U.S. income tax return.
Q: I can't think of a good company name to get started.
A: A good name will come from looking at key words that resonate well with you. Search places like; periodicals, internet, thesaurus, street signs, etc. We recommend you do not use any of your real names in your business name. A generic company name not pertaining to a specific service or industry is allowable since a corporation can have subsidiary companies beneath its own corporate umbrella name. Each subsidiary may have its own separate and unique trade name.
Q: What do I receive after submitting a payment to Omni Resources?
A: An automated PayPal receipt email showing that you paid Castle Access Business Services, Inc. for business consulting and incorporation formation services.
Q: Who is Castle Access Business Services, Inc?
A: The parent company to Omni Resources.
Q: How do I search for you on PayPal?
A: Payment is processed using our CEO's email on PayPal - email@example.com
Q: How do I know which State to Incorporate in?
A: Please choose the State that you are a current resident of, and in which an owner can provide matching State identification.
Q: Can I live in a different State than my Corporation?
A: Yes, and corporations can relocate to any State or Country you choose to operate within, but operating a corporation without a physical presense can be difficult.
Q: Can I move my Corporation from State to State?
A: Yes, corporations are portable. A corporation can relocate to any State or Country you choose to operate within. There are associated costs and fees, however.
Q: Is there a fee to change the State of my Corporation?
A: Yes, the amount will vary from State-to-State based upon required State filing fees.
Q: Is there a yearly fee to keep my Corporation?
A: Yes, the amount will vary from State-to-State based upon the State's required company annual report fee, but is usually only about $30.
Q: What if I need to change my address?
A: The incorporation documents can be amended at any time. A corporation has the opportunity to change its address and other information when filing its state required annual report each year.
Q: Can I change my Corporations name?
A: As the owner of your corporation, you can ammend your documents at any time. If you would like our assistance, there is an associated fee.
Q: What if I want to add or remove another person to my Corporation?
A: You can easily ammend your own incorporation documents at any time. When you file your company's required annual report each year, you can update or change all director and officer positions.
Q: How long is the process to set up my Corporation?
A: Please allow 9 - 12 weeks processing time (This allows for the formation and set-up of the corporation with both the State and Federal Government).
Q: Does Omni Resources do my taxes?
A: No! Omni Resources is not acting as a licensed CPA or Tax Attorney.
Q: Will Omni Resources answer important tax questions?
A: No! Omni Resources is not a licensed CPA or Tax Attorney.
Q: What is your email address if I have questions?
A: firstname.lastname@example.org or click on the email icon at the top of this website.
Q: What do I do when I receive my Corporate Portfolio Notebook from Omni Resources, with my Corporate paperwork?
A: Your kit will contain a letter with instructions. Give us a call ASAP when you receive your kit in the mail to go over the contents and begin the Corporation Education process.
Q: What is included in your Corporate Portfolio Notebook?
A: Along with incorporation-education and consulting services, paid clients will receive a custom prepared corporate portfolio notebook. The black 3 ring notebook binder that slides into a faux leather sleeve has the company name in gold lettering inscribed on the side. Each Kit contains all completed start-up documents including: 1) The corporate seal 2) The approved State articles of incorporation 3) The full company bylaws 4) The completed corporate minutes 5) The company Federal Tax Id Number 6) Completed and filed IRS forms 7) Twenty stock certificates with a detailed ledger 8) Glossary of definitions for each corporate document and IRS form included.