Question: 7fthyee production
12/3/2012 8:31 PM
Ladson,
SC
SC.
Wholesale Trade
with
Associate Help..
DiXYZsch
I'm thinking of starting my own
InovativeSuperCo.
What is the difference between a tax ID and a sales tax ID?
Wholesale Trade
What tax ID do I need to buy wholesale?
Ladson Berkeley County
, SC
29456.
Whether an music online, home, store, concession stand or a mobile cart, you will need to first select amongsole owner/proprietor, partnership, LLC or corporation, all of which also require a General Business License (not a specific license to your type of business) as well. If your trade name is a business name other than your full personal legal name, you will need to file a DBA .
For instance, your name is John Doe, and you do business as Best music By John, the name must be registered with aDBA Biz Name because it is not your full legal name. Also, note that whatever item that you sell or lease and it is an item that can be touched (i.e., tangible such as equipment, toys, merchandise, electronics, prepared food) requires a state sales tax ID ( Sellers Permit ) to either buy or sell the items or products wholesale and or sell them retail.
If you are hiring workers anytime soon, you will need aFederal EIN and a State EIN (employer identification number). Other instances that you will need a federal tax ID are: if you are a partnership, an independent contractor, and a corporation or anLLC . You can also obtain a federal tax ID as a sole proprietor and use it as a business tax ID in the place of a social security number.
However, you will still need other music registrations, such as licenses, an assumed business name DBA, and tax IDs as described above. Finally, even one person, sole owner/proprietors working from home or just online can form a LLC or incorporate, in which case, they will not need to file a DBA.
i want my business to be independent so i need to obtain an llc now right an a sellers permit ok so my partner ask if you get a dba fillling to you still need to do the llc no not really but this is what i got to form my business.
ill will ned a busniess license a ein dba sellers permit federal permit Just going through your site, to see if I want to use this site how can i get a FREE tax id number for my new business?
to sell my musical video itunes is asking me for a tax ID, and I am not from US can you help me to get one I am a DJ about to spin 6 hours of mp3's downloaded and converted in my downtown city I terrified because I got the stupid to webcam the thing and I think im stepping into way too deep for myself.
this is a small town and expect maybe 100 ppl with half of that showing up by accident. yeah I read that. didnt think that applied to me since Ive doing this for free. I gotta sleep...I need to get some rest and get a fresh start this...
you have a good one Which would be better for this kind of business? Partnership between my husband and I or an LLC? just my husband and I shooting music videos for local bands but I will save recipts for any expenses for business travel I am not from US and I need a Tax ID number to sell my music video on itunes, help me please I actually need to know if I need a business license to be an independent artist i went to those sites and it wants to charge me for the tax id number. you said it was free. |
| | | | |
|
|
| THERE ARE 4 TAX IDS: A federal tax ID, a Sales Tax ID, a State Sales Tax ID, and a Business Tax Registration ID. Starting businesses need a tax registration business ID ( AKA business license or home occupation permit. ) If the business is a sole proprietor, it does not need a tax ID unless it is an employer, in which case it will need a federal ID and a State Employer ID (employer identification number). If the new small business will sell or lease any merchandise, equipment or sell any items wholesale or retail or buy wholesale, it will need a sales tax ID number also called a resale ID, a state sales tax ID, wholesale ID or resale license. In addition, if the new business, whether home business, online or commercial location, it will need to file a DBA doing business as certificate, if in fact is doing business and using a trade name. For example, if the business is a home based carpet cleaning business and it does business as Best Carpet Cleaning, it will need to register a fictitious business name ( AKA DBA) certificate. Finally, starting businesses must choose a business legal/tax structure. There are 4 major business entity structures: 1. A sole proprietorship, a partnership, an LLC, and a corporation. You can select any one of them. If you select a sole proprietorship, you will need at a minimum, a business tax registration (business license) and a trade business name registration. Corporations and LLCs need the business tax registration license, and a federal tax ID number. Partnerships need at least a federal tax ID number and a fictitious business name registration. Finally, anyone, even one person can be an LLC or corporation. |
Here is the tax ids you need for in
Ladson, SC.
IMPORTANT:
Requirments below include Web based, Online, Websites, Home or eBay Businesses)
Answer:
Here is a list of tax number ids you need to start your own Ladson small company.
99% of new businesses are required to get a(n) , Ladson
business tax id registration (business license).
Businesses with an trade firm name other than the owner's legal name are required to get a(n) Berkeley County DBA ( doing business as ) fictitious business name.
A business tax ID registration (occupationall business license ) and a DBA Doing Business As Fictious Business Name are ncessary for most businesses but if your business sells any taxable items, you will need a sales tax ID number. (A.K.A SCseller's permit, state id, wholesale, resale, reseller certificate).
If you are thinking of hiring help, you will need a tax id called a state EIN and an IRS tax id number called an EIN Employer ID Number.
I.e., a SC Federal Tax Id Number and a(n) SC State Employer Tax Number
Instead of filing a fictitious business name DBA Filing in
Ladson, Incorporate in SC or form a(n) SC LLC
Here are the tax IDs that businesses need: 1. an IRS tax ID number. 2. A state resale tax ID number an employer tax ID number and 3. A tax registration ID number.
Starting businesses need a tax registration business ID ( AKA business license or home occupation permit.) A sole owner can obtain a federal tax ID number (recommended) to use it as a business tax ID. This is because a business must be identified with a business tax ID. If it does not have a federal tax ID a sole proprietor uses his or her social security card to identify the business. However, if the business is a sole proprietor, it does not need a tax ID unless it is an employer, in which case it will need a federal ID and a State Employer ID (employer identification number).
In addition if the new business whether home business online or commercial location it will need to file a DBA doing business as certificate if in fact is doing business and using a trade name.
If you select a sole proprietorship you will need at a minimum a business tax registration (business license) and a trade business name registration.
Not Sure What Tax ID You Need?
Take Our Free Short Quiz to Find Out Now!
Take The Quiz Now!
How It Works
It's Free when you also order an incorporation,
llc or dba from us. Apply for your number today.
Learn how to apply for your tax number yourself
safely and free. Get your tax number today.
Click To Get It Now
Obtain Your Tax IDs Online Now!
Click To Get It Now
Here is a list of tax number ids you need to start your own Ladson small company.
99% of new businesses are required to get a(n) , Ladson
business tax id registration (business license).
Businesses with an trade firm name other than the owner's legal name are required to get a(n) Berkeley County DBA ( doing business as ) fictitious business name.
A business tax ID registration (occupationall business license ) and a DBA Doing Business As Fictious Business Name are ncessary for most businesses but if your business sells any taxable items, you will need a sales tax ID number. (A.K.A SCseller's permit, state id, wholesale, resale, reseller certificate).
If you are thinking of hiring help, you will need a tax id called a state EIN and an IRS tax id number called an EIN Employer ID Number.
I.e., a SC Federal Tax Id Number and a(n) SC State Employer Tax Number
Instead of filing a fictitious business name DBA Filing in
Ladson, Incorporate in SC or form a(n) SC LLC
You have a choice to register a fictitious business name or form an LLC or incorporate.
Finally if you will have more than one owner you will need to obtain a federal tax id number to indentify the partnership.
Businesses that use the full legal name of the owner as a business name do not need to register an assumed business name. So, for example, your name is "John X Doe" and you use that as a business name.
FIRST STEP: Make sure you get
necessary equipment.
SECOND STEP: I am planning to hire employees and want a stategy to reduce small business taxes employment taxes. find where your Ladson
business location (you home can be a business location).
THIRD STEP: Obtain tax ID number(s) and licenses. Here is the minimum registrations you need:
Perhaps the sole way of avoiding lawsuits and creditors after your assets such as your home and automobile is to form an LLC or incorporate.
Some tips for reducing your self employment tax among others is to form an S corporation. Then pay yourself in dividents instead of salary because salary is subject to tax but dividents are not.
If you have a partner you will need to register the company name and obtain a federal ID.
If you are a service type of business but you also use parts you will need a sellers permit also called a resale license or resale certificate AKA sales tax id or seller's permit to collect taxes and or buy wholesale.
Any businesses that sell prepared food need a seller's sales tax id number license.
.
|
|
|
Not Sure What Tax ID You Need?
Take Our Free Short Quiz to Find Out Now!
Take The Quiz Now!
Business, is there a fee to register my tax ID number?
| |