Do I need a Fed Tax ID Number?  How to get a federal tax id number in arkansas. I am in the transporation business and i believe I need one.

A  federal tax id number  is used to identify employers or income tax for federal tax purposes.

All businesses that are employers and or are corporations, llcs or parnterships, independent contractors, as well as trusts, need a federal tax id number.

You also need a federal tax id  id if you are changing legal structure in your business.

07 - In the transporation business, in addition to a federal tax id number,  here are the licenses and tax ids you are legally required to obtain before starting business operations: 1. A business tax registration license 2. A DBA assumed business name 3. A federal tax id number if you are a partnership or you want to use it instead of you social security number to open a bank account. Also, note that forming an llc or incorporating eliminates the requirement of getting a dba. It is a good idea to form an llc to avoid personal liability from business transactions.

Just submit the form online, on this site, pay and we will get it for you.

Here, Online.

You need it to report employment taxes and to identify the partnership.

as of  June 29th, 2009, it is $49.