1. flowers for weddings and events, and consulting/planning

 By establishing an LLC you create a stand in to take the flak for any possible misteps your company takes. Somebody wants to sue, they sue the LLC. Taxes are due for profits, the LLC pays. An employee has broken the law, the LLC is on the hook, NOT you.

But you can't just create an imaginary person. Your person needs a social security number, which is their Federal Tax ID, and their registered existence as an employer, their Federal Employer Identification Number. With these two numbers, your LLC is a person on the Federal level.

That said, you need to jump through another hoop. To actually legally employ people, you need your State Employer Tax ID. Without it, your witholding taxes never get payed, and you become liable for such a wide variety of law suits and fines that the mind boggles.

Your Sellers Permit is a pure plus. It saves you money. By filing for one, you gain the ability to not only purchase from wholesalers, who automatically have warehouse or better prices, you ghet the ability to buy from them in bulk, free of sales tax. And really is there anything better than that in the business world?

A Business License does you a lot of good in the long run. It registers you for taxes, and inspections, but it also sets you up for the often ignored local business incentive program. These are not to be underestimated or ignored and can be not inconsiderable.

2. arrangements and personal florals, and planning services

3. home office, client meetings at event site

Given the listed situation, you are going to need everything. Absolutely everything. Now I recognize that doesn't sound like fun, but given the reputation Chicago has for crime, corruption, and being Chicago, it is better to cover your bases than to risk these things.

 Your first step is to establish your legal framework. In your case an LLC is for the best. This little legal fiction will serve you well in the beginning, and protect you from civil, criminal, finacnial and tax liability. It is also one of three possible filings your are required to make.

Next are your Federal Tax numbers, your Fed Tax ID, and your Federal Employers Identification Number. The legal reasoning behind these is not complex. If you have them, your are in the clear. If you don't, you're commiting tax evasion.

After that you will need a State Employer Tax ID Number. Having this will set up your witholding account. Not having it won't do this. This is generally considered a bad idea. Bad ideas in the business world generally lead to fines and jail time.

Your next permit is actually joy rather than a chore. Your Sellers Permit not only gives you the spiteful joy of being able to charge every customer a little extra, even if you don't get to keep that money, it also allows you to buy your product from wholesalers for wholesale prices. This will save you a lot of money.

Last but not least is the Business License. This is required in every county and city in the country in one form or another. But what does it do? Ideally speaking, it keeps you current in your taxes, and any inspections you need to know about that might becoming down the line.

03 - Since you are selling wedding parephenalia, 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 limited license corporation

3. A federal tax id number

4. A seller's permit.

5. A state employers tax id.

6. A federal employer identification number.

 All of these licenses and more can be obtained at www.businessnameusa.com

Simply fill out our online questionaire, and complete our business information form in full, leaving blank only those areas to which you do not possess the answers, then complete our payment information form and we will begin processing your order imediatelly.

 www.businessnamesusa.com

P.O. Box 14927

Long Beach, CA. 90853

310-455-6675

 What it comes down to in the end with all of this is taxes. These are all in one form or another tax registration on some level, and if you don't get them, there are consequences. Failure to obtain them is an application to join company with the likes of Wesley Snipes, the "winner" of the first season of Survivor, and most mobsters.

Now what do they have in common? Jail time. Despite being millionaires, they are all going to, or are spending time in jail because they picked a fight with the IRS. This is universally considered a bad idea. So much of a bad idea, that it is used to put people from Al Capone to Sydney Korshak in jail.

 The total cost for all these permits in Illinois is $1,398.94, including the cost of a lawyer held on retainer, easily the lowest available today.