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Who Needs A Tax ID Number

Who Needs A Tax ID Number 8/31/2011 12:00 AM "Ebay Home Business".

Who Needs A Tax ID Number?

Obtaining a tax identification number might at first seem difficult, however, a tax-id-number.info professional can get one for you within hours of ordering especially if you order an EIN federal tax ID number. 

However, note that a tax ID number is not just one number. 


Legally, you are legally required to get a federal tax ID if you are a partnership, an employer, or a corprate entity.  You are required to get a sales tax id number if you sell taxable merchandise.  You are required to get a state and federal EIN if you are an employer and finally you are required to get a business tax registration ID license if you do any actvity for profit that is you are a busines operating for profit.

What is a Tax Identification Number?

There is a federal tax identification number issued by the federal government, a state sales tax identification number issued by the state, a state employer tax identification number issued by the state, a universal business tax identification number issued by the state and a business tax registration number issued by the government.

A Federal Tax Identification Number (Tax ID Number), is also called an Employer Identification Number (EIN), is a nine digit number in the format “20-3456789” that is issued to businesses by the Internal Revenue Service (IRS). In most cases, every company operating in any of the 50 U.S. states is required to get one whether it is a 500 fortune company or a small store down the street.

Even though a federal tax ID was originally required only for withholding federal employment taxes, it is now like a social security number for an individual - except it is for businesses. These days most business owners have more than one business.  The way to keep them separate is to get a different EIN for each one. The sales tax ID number is a number you need if you sell taxable merchandise.  The state EIN is an Employer Identification Number.  The universal state business tax  ID is issued as an ID for most businesses that have taxable transactions and or are corporations.  The business tax ID registration is a business tax receipt number all businesses must obtain.

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Who Needs a Tax Identification Number?

Even if you are as a sole-proprietorship or general partnership, you may need to obtain a Tax ID. For the most part, you need a Tax ID if:

Your business has employees.

You withhold taxes on independent contractor income.

If your business is operating as a Corporation, Limited-Liability Company,  LLC or you are a partnership.

If your business is has an IRAs, is a non-profit, an REITs, an estates, a plan administrators or a farmers’ cooperative.

In fact if you do not want your social security number you can obtain a federal EIN and use it on applications pertaining to your business.
When selecting the closing month of your accounting year, the closing month should be “December” but you can choose any month -- ask your accountant.

Once you have received your EIN, make sure to write it down but you will receive a pdf with out email when we get it for you.



What Other Entities or Who Other Than The IRS Uses My Tax Identification Number?

In addition to the federal government, your state, local government, creditors, banks and merchandise and equipment suppliers, might too. If you are anything other than a sole owner without employees, you will need to have a Tax ID number before you open a bank account, hire employees, pay payroll taxes or  apply for a  business license!


When Can I Get a Tax Identification Number?

As soon as you decide to start a business and you are a sole-proprietorship or general partnership, you can apply for a Tax ID anytime. However if you are setting up or forming a corporation or LLC, you need to wait until you have a filed stamped certificate and it has have been approved in your state and you have received an official organization date from whatever state you’re forming your business entity in.


What Information Do I Need To Obtain a Tax Identification Number?

Here are the pieces of information you might need:

  • Business address.
  • Name of the principal officer, manager or owner.
  • LLC number of members.
  • Type of business and activity.
  • Date the business was started.
  • Closing month of your fiscal year.
  • Number of employees.

If you already have the info above, you can apply for a Tax ID. We apply using IRS form SS-4 (Application for Employer Identification Number) and we can mail it in, but this can take some time so we usually file it electronically for you and obtain it on the same day you order it so long as it is a week day during business hours.


What If I Want To Change My Federal Tax ID Number In The Future?

The IRS wants you to keep the same number unless you form new and multiple companies.

However, you will not be required to file for a new tax identification number if:

  • There is a change in the name of your business.
  • You are an LLC and it is legally terminated under IRC section 708(b)(1)(B) and you setu up another corporation or LLC automatically.
  • Your partnership (or LLC) is taken over by one of the partners and, since it is run by only one person, is therefore considered a sole-proprietorship.
  • You purchase an existing business which you plan to operate as a sole-proprietorship.
  • You are a subsidiary of an incorporated entity.
  • You change entity types, or become a sole-proprietorship.

When Do I Need a Sales Tax Identification Number?

You need it when you start selling merchandise that is taxable.  For example, you start an aBay business online, you need a seller's pemrit also called a sales tax ID to charge taxes for in-state sales. Then, you need to pay them quarterly to the state government unit that collects sales taxes from businesses.  A sales tax ID number is also called a seller's permit.

When Do I Need an Employer Tax Identification Number?

An employer ID can be a federal tax ID or a state tax ID.  Both are employer identification number called EINs.  You will need it when you hire employees or you will pay employment taxes.

When Do I Need a Universal Tax ID Number?

Some states, in addition to a state ID, they also issue a Universal Tax ID.  So, for example, you apply for a sales tax ID and you get both a sales tax ID and a Universal Tax ID to identify your business with by the state.  Some states use your Federal Tax ID to identify you for state universal ID.

When Do I Need A Business Tax ID Registration?

A business tax ID is required for all businesses. It is different from a federal tax ID, a Sales Tax ID, or a State Employer EIN.  A business tax ID is based on your gross business income, employee number and or location as well as the type of business you operate.  It also called an occupation tax receipt, occupational license or business permit license.  Note that in addition to a business tax ID, you may need a trade business name registration if you use a name other than your legal name to do business.

A tax ID number online on this site.
Asked on: 12/13/2019 7:47 PM
By:  
I am a Minister, do I get any special tax breaks
12/13/2019 7:47 PM
True if you have a non profit.
Asked on: 12/13/2019 7:46 PM
By:  
I am not selling anything, just need a business license for a handyman business
12/13/2019 7:46 PM
Ok, you also need an EIN.
Asked on: 12/13/2019 7:45 PM
By: bolton landscaping and removal
I am therapist, I will be billing clients for services rendered. I will not be selling anything tangible. I will charge a fee for service. I do have a name for my business if I can do this without too much of a hassle. If it is more simple, I can just use my name.
12/13/2019 7:45 PM
Therapist may fall within personal services and may be taxable in your state and so you may need a sales tax id number.  Other than that, you will need a federal tax ID EIN, a business license and if having a trade name, an LLC, DBA, or corporation but you said you will use your own personal name.
Asked on: 12/13/2019 7:43 PM
By: Nita
Me and my partner owned a business together, can both of our names go on the federal tax id?
12/13/2019 7:43 PM
No, just the principal officer of a corporation or the general partner of a partnership.



Either one can put his or her name.



You can obtain a tax id here online.

Click on this link, 
https://www.tax-id-number.info/form/a1.aspx

submit your business info,

select your tax ids, and 

we will send it to you by 

email or reg. mail.
Asked on: 12/13/2019 7:40 PM
By:  
Do I have to pay anything if my website does not do anything within the year.As I am looking, it seems as though I can use a federal EIN#, is that accurate?
12/13/2019 7:40 PM
Yes, you can use a federal id as an employer, independent contractor, llc, or corporation, partnership, or sole owner.
Asked on: 11/15/2018 10:57 PM
By:  
Q: i am research a business and need to validate the business Do I need a business license  to sale on online and buy wholesale what do I need?I planning to sell vegetable do I need a business permit or license in the of SC.
11/15/2018 10:57 PM
A: Yes, you need a business license and a sales tax id number.
Asked on: 11/15/2018 10:51 PM
By:  


Q:
Do I need a business license to purchase rental properties in.
11/15/2018 10:51 PM

A:
Yes, you need an EIN and a business license.
Asked on: 11/15/2018 10:51 PM
By: hooked for life


Q:
i need our tax id number. I am an LLC, been in business 14 years .... i provide a service , martial art training.... i am contemplating selling health supplements...... what would I need ?i am a martial art academy. I have a tax ID and I am an LLC. I was offered the possibility of selling supplements on contingency in my academy. I realize that I will need a retail permit $ deal with new taxes. I am not sure if this is all worth it. I am in NJ
11/15/2018 10:51 PM


A: You need an EIN, a seller's permit, and a business license. Read more below.
Asked on: 3/30/2018 11:15 PM
By:  
What is S corporation I am trying to fibd out what website i go on to to pay for my permit, i have inspection ob monday
I have an ein and business licence, what else do I need?
do i need a business license for a seller or resale permit?
do i need a license if i am cutting grass and hauling it awa
they sa id my city require a ton a paper work WHAT LICENSES SHOILD I APPLY FOR FOR A HOT DOG CART
i have a small business what does it take to sell kratom out of my store?
3/30/2018 11:15 PM
 
Asked on: 3/30/2018 11:14 PM
By:  
This is for rescued injured small dogs. I would be paying all expenses for I rescued or injured dogs, and only be reimbursed once the dog was ready for new adopted homes. Do I need a kennel license if I own two champion female dogs and two old neutered female dogs and one male dog? And once a year have a litter of puppies and sell them.
hi am interested in selling some pups from breeding my dogs
I know .. I see only 2 dogs per home... I have 9...that I have had for several years..
I dont want to breed as most of my dogs are fixed..I just want to be able to keep them if i buy a home down there..
3/30/2018 11:14 PM
 
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