My Business cannot not be framed into just any one of the standard definitions.
(4) Several craft products that are already available today; will be created by my Company; except with several higher tech. "accents". (5) Several craft products will be created and marketed that have never been created. (6) The "flagship" of my Company will be several key developed products that are currently not even available on the market; these will be "patented" after all "bugs" have been worked out on my prototypes. I am a early retired Computer Programmer (24 years experience); before I was a programmer; I was a Civil Engineer (3 years). My technical abilities are in the Mainframe environment; as well as; the PC Client/Server environment. I also possess skills in developing/programming of microprocessors (which, will be used to enhance older technology; by replacing old mechanical processes with robotic processes with the use of microprocessors).
Based on the information that you have given us it seems like you will need a Corporation or LLC (limited liablity company) because for the main fact that it seems that you will be having multiple businesses at once. You can obtain DBA's for everyother type of business activity unless everything will be sold online then i can see how we can put everything together as one
Sellers permit for selling wholesale items, retail and so that you can also buy your items at wholesale price
Business license so that you can conduct your business from your location. In general every type of business needs a business license in order to be able to run the business
(1) Purchase of used electronics equipment, cameras, computer, etc; refurbish these items as resale (AS IS). (2) Purchase raw granite, marble, quartz and crystal products; fashion into craft type items; these are sold (AS IS). (Note: I will be purchasing these RAW materials (wholesale); so will need the SELLER'S PERMIT.) (3) Many of these raw products are also fashioned to "enhance" wholesale products that will be (RESOLD) with the included enhancements. (Again, the SELLER'S PERMIT will be needed).
Based on what you mentioned you need to following INC or LLC, DBA, Sellers Permit, Business license and federal tax id.
*03* Much of this will fall into the "patent" area. My range of skills are; Woodworking, Programming, Electronics & Microprocessors, as well as; skill sets in refurbishing guitars; mainly; electric; however; can perform some luthier skills for acoustic refurbishing. Equipment owned: (Woodworking): Table & Band Saws, Lathe, Drill Press, Router(s) Tables, Planer & Jointer, Belt & Disc Sanders, Air Compressor and several Air Tools, as well as; power and hand tools. (Note: I will be upgrading a few of these tools to perform at a more "commercial level". (Crafting): Rock Tumblers (Computers): Mac Pro, Macbook Pro, Mac Powerbook, HP Pavilion 18t, HP Dv-1240us; (I will be using the HP Pavilion 18t for business administration; whereas; the Mac's will be used for development; CAD work on designs; and the handling of small microprocessors using Linux/XP/Vista platforms driven by VMWare Fusion). (Guitar): I am an amateur musician; however, I have a solid knowledge of the mechanics of guitars. Also, I own (7 acoustic guitars) and (6 electrics); as well as; (4 amps).
three major licenses and tax ids that you must get. A seller's permit, a business license, and a DBA certificate. The fact that you sell, buy wholesale or sell retail, and you need to report your sales, subjects you to sales tax reports. The business occupational tax imposed upon all business, forces you to get a business license certificate and renew it every year by paying a flat rate tax in most cases based on your gross income or number of employees and or the particular location your business operates. For example, an office in downtown is taxed different than a home-based business and a professional, such as an architect very differently from a iron works shop. The DBA doing business as filing is normally a state law that was enacted to protect the public from possible fraud. For example, a business may start and collect money up front from many customers and then "fly away in the night... fly-by-night type of situation. In such case, then only thing would be known is the business name. If a doing business as certificate was filed and was on record, the victims of fraud could go and search and find out who the owner of the business was and file appropriate law suits to recover the money plus possible damages.
(1) I plan on selling and marketing all my wares online; EBay, Amazon, Craig's List; some others that I am still inquirying about. I will have my own WEB SITE. I will be using the space made available to me by my ISP (Cox Communications, Inc.). (2) I will be opening an Account at my personal bank; under the DBA (Accents & Beyond). This Account will be initially setup with $7500.00. (3) My particulars are (own my home, and business will be operated from there): Larry James DIERCKS 3108 11th Avenue Council Bluffs, IA 51501 (as stated: County of Pottawattamie) (I am 51 years old, Male, US Citizen, former US Marine (1974-1979)) (hold AAS degrees in Civil Engineering & Computer Programming) (Married) Please, understand that I need to be ensured that I will be provided with my BUSINESS LICENSE & SELLER'S PERMITS; before I can commit to anything. If I understand correctly; IOWA does NOT require I have a TAX ID since I will haved no employees; but myself. Not even my wife; she would NEVER consider working for me for one second; ...you have only been exposed to me for the duration of this memo.... Can you BLAME her *grin*? But, if you can have all this "wired"; I am ready to go! Thank You in Advance Larry Diercks
So the answer to the question above is that because you don't have any employees, and you are not dealing or selling any products or merchandise that requires the collections of sales tax, you only need a couple of business permits and tax ids to start. For example, you need to get a business license, also called a home occupation permit or simply a business occupationaltax license. The business license is almost always required by at least one level of government whether that is the federal, state, county or city government. It is also called a federal registration, state professional license or tax registration, county premises inspection and licensing or municipal tax registration or permit as well as a business personal property tax on your business equipment. Other than that, you will need to file a DBA and register your business trade name if you use a fictitious business name doing business as (DBA) as your trade name. If you decide to be a partnership, you must identify it to the IRS with a business tax id number and that is a federal tax id number and you can, also, use it instead of you social security number to open a bank account. Finally, after all the facts about your licenses above, you should consider forming an LLC or incorporating to avoid legal, civil, and tax liability. You need to do it right right from the start. Get an LLC formation or Incorporate here online. Since you need to to register a fictitious business name because you use a trade name to operate and or promote your business, you need a fictitious business name registration. Instead of registering a fictitious business name, you can simply incorporate or form and LLC.
First you ask... do i need a tax id number application form or a business license application form to apply and get all your required licenses in one easy move... and you are partially right, you can do this on this website - i.e., you can obtain all required documents, licenses, permits, and tax ids to start your business.. We understand what you need and have all the license application forms you need to start your business legally. You case is easy because you are not employing any workers and you don't sell any taxable merchandise that requires some type of tax id to report and pay taxes. With that in mind, you need to apply for a fictitious business name. Then, because all business licenses are required to register for business taxes, you need to apply and get a business license. The trade name registration is required because you are using a fictitious business name. The purpose is to protect the public from fly by night companies that hide behind a DBA ( doing business as) to collect money and disappear.
The latter two protect your from lawsuits vs your personal assets such as your house, automobile and other precious personal property or real estate you might own. A DBA registration is required for your use of a trade name but does nothing to protect your personal assets nor does it protect the name that is registered. An LLC or Corporation at least protect the name at the state lever. I.e., other LLCs or Corporation cannot use your business name. A Fictitious business name does not protect your trade name against others who want to use in commerce. You can apply and get all licenses on this website. We have the lowest prices in the industry and we are quick and professional. Most of our clients recommend us to others. In fact 40% of our business derives from referrals. Also, keep in mind that our prices include all filing fees, notarization and legal newspaper publication. Start Your Business Today by Getting All Required Licenses Here Online.