All Businesses need a(n) , Dawson Springs business tax id registration (business license).
All Businesses that use a business name to trade that is other than the surname and first name of a sole proprietor or a fictitious business name other than the LLC or Corporation legal name need a(n) Hopkins County DBA ( doing business as ) fictitious business name.
You may also need a tax id called a resale tax ID or seller's license if you selling touchable items. (A.K.A KYseller's permit, state id, wholesale, resale, reseller certificate).
In addition you will need a federal and a state EIN if you will hire employees. I.e., a KY Federal Tax Id Number and a(n) KY State Employer Tax Number
Instead of filing a fictitious business name DBA Filing in Dawson Springs, Incorporate in KY or form a(n) KY LLC
FIRST STEP: Ensure that you secure related tools such as specific equipment . SECOND STEP: I am planning to hire employees and want a stategy to reduce small business taxes employment taxes. find where your Dawson Springs 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: 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. Not Sure What Tax ID You Need? Not Sure What Tax ID You Need? Take Our Free Short Quiz to Find Out Now! Take The Quiz Now!