Why do I need a business permit?
You need permits and tax registrations because the government requires them before you start a business so you can pay the corresponding business taxes such as income, sales and employment taxes.
In addition, different types of business entities are taxed differently. For example, a sole proprietor is taxed different from an LLC.
Note that you will need to select LLC and purchase an LLC filing to be considered an LLC.
You can also file a DBA and form an LLC on this site. |
| There are 4 Tax IDs:
- A federal tax id, Federal EIN
- A state ID employer EIN,
- A state ID Sales Tax ID, and
- A business tax registration Business Tax ID.
There are 4 Business Structures
- Sole Proprietor
- Partneship ( general or limited )
- Limited Liability Company
- Corporation ( C,S,or non profit).
|
| |
|