First decide on a business structure appliances and electronic and furniture as a Sole Proprietor, LLC/Corp, or Partnership.
Selling/Leasing or if wanting to buy or sell appliances and electronic and furniture merchandise, food, equipment requires a Seller's Permit.
All appliances and electronic and furniture Businesses Using a DBA doing business as name need a DBA Fictitious Business Name
Hiring appliances and electronic and furniture Workers Requires a Federal EIN and a State Tax Number EIN
All Selling Online Businesses (Including Web based, Online, Websites, Home or eBay Businesses) that use a trade business name, need a(n) Milwaukee County DBA Business Name Registration
Retailers / Wholesalers, (Including Web based, Online, Websites, Home or eBay Businesses) Need a(n) WI Sellers Permit (A.K.A state id, wholesale, resale, reseller certificate).
Employers (Including Web based, Online, Websites, Home or eBay Businesses) Need a WI Federal Tax Id Number and a(n) WI State Employer Tax Number
Instead of filing a fictitious business name DBA Filing in Milwaukee, Incorporate in WI or form a(n) WI LLC
Milwaukee Example:
FAQs:
1. Do you have a sense of what business you would like to start?
2. Will be working by myself and be subject to self employment taxes and want to avoid or reduce them.
3. Do I need a business tax registration if I have already registered an LLC?
4. Why do onine and home based businesses need to get licenses and register the business?
5. Can I use any name to file a business license or do I have to use a business name?
6. So if I set up a corporation I still need to get a business license? Or is it the case that if I have filed an LLC or corproration I will not need a business license?
7. Why do I need a business license?
A: If you have a passion for being in your own business but do not know what business to start
A: Generally an S corporation is best in reducing self employrment taxes
A: Yes, in addition to setting up an LLC you need to register for sales tax, employment tax and business tax if these apply to your business.
A: Home and online businesses need to get licensing because they are in an activity for profit. The IRS has determined that such activity even if it is online or from home needs tax registration and licensing.
A: Almost any name can be filed as a Doing Business As but not a corporate name with a suffix such as INC or LLC because if you are not a corporation or LLC you cannot use these name to pretend you are one.
A: No, all businesses and all forms of ownership need a business license.
A: You need a business license because government licensing authorities require you get one so you can pay them taxes and comply with safety and health related rules.