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Question: 83801
10/15/2018 1:22 PM Athol,
ID
ID.
Construction, remodel, repair of home(s) and general contracting. Not nationwide. ... Construction
Construction
with 1 Staff. .
DeLukasstch
Oltra CAE ConstructionCo.
Construction
Construction
Federal Tax ID Number vs. EIN.
Athol Kootenai County
, ID
83801.
The first thing to decide is what business entity structure to select. There is a sole proprietor,
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I am in construction. I can do all types kitchen, bath and whole house remodeling. Woodb... |
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Here is what Licenses you are legally are required to get for Construction in
Athol, ID.
IMPORTANT:
Requirments below include Internet, Online, Websites, Home or eBay/Amazon Businesses)
Answer:
The following are the Licenses you need to start your Athol Business.
All Businesses need a(n) , Athol
business tax registration.
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) Kootenai County DBA assumed business name certificate.
You may also need a tax id called a resale tax ID or seller's license if you selling touchable items. (A.K.A IDseller'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 ID Federal EIN and a(n) ID State Employer EIN
Instead of filing a fictitious business name DBA Filing in
Athol, Incorporate in ID or form a(n) ID LLC
New businessess whether home or other types will need a general tax registration that could be a business permit and or license. Sole proprietors just need that plus perhaps a registration of a business name certificate if in fact the business is using an assumed business name. E.g. if the business is called "Superior Medical Billing" it will need to file a DBA. Other than that employer sole owners will need both a federal ein and a state ein and if selling any type of widgets such as items on eBay or Etsy will need a state reseller number also called a seller ID or resale number.
Finally starting businesses must choose a business legal/tax structure. There are 4 major business entity structures: 1. A sole proprietorship a partnership an LLC and a corporation. You can select any one of them.
Corporations and LLCs need the business tax registration license and a federal tax ID number.
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How It Works
It's Free when you also order an incorporation,
llc or dba from us or two other documents. Apply for your Licenses today.
Learn how to apply for your Licenses yourself
safely and free. Get your tax number today.
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Note that all home based business are subject to the same licensing requirement as any business.
| | | | | I am a home based business. Do I need licensing?
Do I need licenses and tax IDs if I make less than $5000.00 per year?
Physical location business.
My business is located outside the city limits.
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If you have a partner you will need to register the company name and obtain a federal ID.
You need a sales tax id because your service includes parts and or materials you need to use to provide your service which are taxable.
Any businesses that sell prepared food need a seller's sales tax id number license.
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If you sell within the state your business is located you need to charge taxes.
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The following are the Licenses you need to start your Athol small company.
All Businesses need a(n) , Athol
business tax registration.
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) Kootenai County DBA assumed business name certificate.
You may also need a tax id called a resale tax ID or seller's license if you selling touchable items. (A.K.A IDseller's permit, state id, wholesale, resale, reseller certificate).
In addition you will need a federal and a state EIN if you will be an employer.
I.e., a ID Federal Tax Id Number and a(n) ID State Employer Tax Number
Instead of filing a fictitious business name DBA Filing in
Athol, Incorporate in ID or form a(n) ID LLC
Filing a DBA is not required if you will set up an LLC or form a Corporation.
Partnerships will need to obtain a federal tax id number.
If you will do business under your first and last legal name you will not need to get a fictitious business name.
Also note that even using your first and last name may not help you avoid filing a DBA if the name has a suffix such as "& associates" etc.
- FIRST STEP: Ensure that you secure
Construction related tools such as specific equipment .
- SECOND STEP: determine the Athol
business location (you home can be a business location).
- THIRD STEP: Obtain Licenses . Here is the minimum registrations you need:
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You can offset personal losses against the profits of an LLC or S corporation.
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