Question: temporary account
7/27/2017 12:55 PM
Dallas,
Columbus
GA.
Other
with
Associate Help..
DiXYZsch
I'm thinking of starting my own
InovativeSuperCo.
Other
Dallas Paulding County
, GA
30132.
I am a functional wellness practitioner, and I am going to open a side supplement shop to my business but also purchase supplements for my clients I am a sole proprietor with a wellness clinic.
I have not registered my business yet in Illinois. That is what I am trying to do as well as get a resale certificate and sales tax ID I am getting so many automated messages from what I type in this is too hard to sort out. I will contact someone in person, I need a tax ID for my non-profit organization
Ok, hit the order button to get the EIN. If you want to be a nonprofit, you will also need to apply for a federal and state tax-exempt status after setting up a non-profit corporation here on this site.
Family Reunion EIN: Getting the Ball Rolling
Ah, the joy of family reunions—food, laughter, and the inevitable conversation about who’s going to be in charge of the funds! Well, if you’re tired of using one person’s Social Security Number to manage those glorious BBQ funds, you’re on the right track by thinking about getting an EIN (Employer Identification Number). An EIN is basically like a Social Security Number, but for organizations. And no, you don’t have to be a business to get one. You can grab one for a family reunion fund just to keep things clean and separate from anyone’s personal finances. Plus, it's a lifesaver for avoiding awkward tax conversations at the next family gathering.
Why Do I Need an EIN for a Family Reunion?
When you're collecting money for t-shirts, potluck dinners, or even that sweet bounce house for the kids, you don't want one person to be responsible for handling the taxes or be liable if anything goes wrong. By opening a bank account with an EIN, you keep things a lot more professional (even though it's just family). Here’s a couple of reasons why an EIN for your family reunion makes sense:
**Separate Finances**: Keep family money out of personal accounts. No one likes confusing those two.
**Easier Tax Filings**: While the IRS might not be knocking on your door for Aunt Patty’s potato salad, if your reunion funds ever grow larger than life, having an EIN will make tax filings smoother.
**Account Transparency**: Everyone can see that the account belongs to the reunion, not Cousin Joe's side hustle.
Do I Need to Register My Family Reunion as an LLC?
Alright, hold up. We’re talking about a family reunion here, not a tech startup. You don’t need an LLC unless you're planning to turn those reunions into a full-fledged business—like a "Reunion Planner LLC" (although, hey, there’s a market for that!). In most cases, an informal group like a family reunion doesn't need to form a legal entity like an LLC. However, you **could** form one if you're collecting significant amounts of money and want to limit any personal liability. But if it’s just for reunion t-shirts and potato salad, that’s probably overkill.
What About a Seller’s Permit?
Unless your family reunion is selling merch on the side (t-shirts, hats, family tree mugs, etc.) or you're running a mini pop-up shop, you probably don’t need a seller’s permit. If you’re planning to sell stuff and collect sales tax (yes, that dreaded thing), then you’d need a seller’s permit. But again, if it's just for good ol' family fun, a seller’s permit likely isn't necessary.
A bank account so family can pay dues and fees. And we can pay for events and any shortages. Keeping the family together
non-profit family reunion, We do not buy or sale anything, this is solely for the purpose to collect funds for a nonprofit organization. Not sure how to obtain an EIN or my family reunion account, yes I want to know how to get an EIN number to open checking account for family reunion. Is there a cost?
Also, what kind of EIN do I need? I need an EIN number for my family reunion bank account? Does it have to registered? Yes, I'm having a Family Reunion in July, can you help me. I would like to set up a bank account Just trying to set up an account to place our checks in that comes in from out of town When you open a bank account, you will have to provide your social security number. That implies that this is an account that you make a profit.
That is why you may want to Go with the Tax ID for a non-profit.
Your individual SS# on an account it implies ownership and there is ever an accounting problem, all hell will break loose if you make any profit, and you don't report it.
You can also start as a business bank account with a federal tax ID for a certain business but be aware, the bank will not open a bank account unless you register the DBA business name.
For example, if you start a bank account with "Wilson High School Reunion Class of 1974," that is a business name, and it must either be register as a DBA business name registration, an LLC, corporation, or a non-profit corporation. .
If you plan to keep this going on for a few years, simply file a non-profit corporation, get a federal tax ID and do your taxes yearly. So is a DBA good enough for a family reunion account I need to open a checking account for our upcoming family reunion in July, was told by the bank I need a letter.
Because they're sending checks with Harris family reunion and my name on it. It's not a business, it just payment money for different event we are doing. Short term no more than a few months It's not a business, it for payment money for different events we are doing for the weekend.
Short term, no more than a few months in the account. I'm the treasurer for the family reunion committee, and I just need to put the money in the checking account to pay for the banquet and picnic. Trying to start a bank acct for my family reunion. They won't do it without an EIN, we will never have a lot of money. Most of our transaction$2,000-$3,000 are for the annual reunion. Can you help me need to open family reunion acct?
Can u get a tax ID if u have a student loan situation? Is an EIN Needed to open an account for family reunion My family reunion happens every two years in different states. Do I have to have a separate EIN#? Can I use the EIN# number used in previous years? Don't sell anything.
Hi, as a piano teacher, do I need an EIN?
Went to the bank as a family to open a checking acct. For our reunion and we were told that we need to file for a tax ID.
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| | Yes. How do I go about filling for a EIN for my family reunion Now this is just for an account to be opened in the family reunion name. So do I still need to do all of that? This is not a business, just an account for our family reunion. We are looking into getting a tax ID number for our family reunion funds so that we don't have to have it under one person's social.
What Is an EIN Used For, Anyway?
An EIN (Employer Identification Number) is like a key that opens up the world of banking and tax responsibilities. While it’s usually meant for businesses, non-profits, or trusts, a group like your family reunion can use it to keep everything official:
**Opening a Bank Account**: An EIN makes it easier to open a bank account in your family reunion’s name.
**Managing Taxes**: It’ll also help with any tax reporting if your reunion ever steps into the big leagues and starts earning money (like from a family raffle, auction, or charity drive).
**Maintaining Clean Records**: It separates the family reunion’s finances from anyone’s personal finances, keeping things squeaky clean.
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Ok, hit the order button to get the EIN. If you want to be a nonprofit, you will also need to apply for a federal and state tax-exempt status after setting up a non-profit corporation here on this site. Non-profit family reunion, We do not buy or sale anything this is solely for the purpose to collect funds for a nonprofit organization Sorry to catch up and read through all your messages.
Ok, hit the order button to get the EIN. If you want to be a nonprofit, you will also need to apply for a federal and state tax-exempt status after setting up a non-profit corporation here on this site. General Business Licenses
General Business License
Employer Identification Number (EIN)
Sales Tax Permit
Home-Based Business Licenses
Home Occupation Permit
Zoning Permit
Professional License (if applicable to your field)
Additional ConsiderationsDepending on the nature of your business, you may require industry-specific licenses or permits. Some common examples include health permits for food-related businesses, contractor's licenses for construction work, or professional certifications for certain services. It's important to research the specific requirements for your industry and location
Quick Overview of Steps You’ll Need for Family Reunion Funds:
Get an EIN (so it’s not tied to anyone’s Social Security Number)
Open a bank account under the family reunion’s name using that EIN
If selling reunion swag, consider a seller’s permit (but only if you're going big)
Conclusion: You're in Business (Kind of)
Okay, so you're not exactly starting a business, but getting an EIN and setting up an account for your family reunion is a smart way to keep things legit. It helps everyone stay on the same page—especially when it comes to money. And who knows? If Aunt Linda ever suggests "Monetizing the Reunion," you’ll already be halfway there!
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REQUIRED LICENSES
Legal Structure
Whether an online, home, store, concession stand or a mobile cart, you will need to first select among sole 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 Register a DBA . For instance, your name is John Doe, and you do business as Best Widgets By John, the name must be registered with a DBA 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 a Federal 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 an LLC . 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 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 Register a DBA. |
Here is the tax ids you need for in
Dallas, GA.
IMPORTANT:
Requirments below include Web based, Online, Websites, Home or eBay Businesses)
Answer:
Here are the legal permits and steps required to start your own Dallas small company.
Starting businesses need a(n) , Dallas
business Id registration ( business tax registration or business permit).
Starting businesses using a company name other than the legal owner's name need a(n) Paulding County DBA Doing Business As Trade Firm Name Registration.
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 Columbusseller'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 GA Federal Tax Id Number and a(n) GA State Employer Tax Number
Instead of filing a fictitious business name DBA Filing in
Dallas, Incorporate in GA or form a(n) GA LLC
THERE ARE 4 TAX IDS: A federal tax ID, a Sales Tax ID, a State employer Tax ID, and a Business Tax Registration ID.
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).
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.
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.
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llc or dba from us. Apply for your number today.
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Here are the legal permits and steps required to start your own Dallas small company.
Starting businesses need a(n) , Dallas
business Id registration ( business tax registration or business permit).
Starting businesses using a company name other than the legal owner's name need a(n) Paulding County DBA Doing Business As Trade Firm Name Registration.
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 Columbusseller'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 GA Federal Tax Id Number and a(n) GA State Employer Tax Number
Instead of filing a fictitious business name DBA Filing in
Dallas, Incorporate in GA or form a(n) GA LLC
If you will set up a corporation or form an LLC, you will not have to file a DBA (Doing Business As) unless your corproration or LLC name will be different that the busienss name you will trade under.
If you will be a partnership as opposed to an LLC or sole owner, you will need a federal tax id number.
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: Primarily find and obtain
necessary equipment.
SECOND STEP: decide on a(n) Dallas
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:
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?
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