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| Starting a(n) Painting Business Licenses & Tax IDs |
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Hi, I'm Eric Application
Painting
| Painting Interior/exterior located in Lubbock tx and surrounding area.
Free quotes
Over 20 years experience |
, Eric. |
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Hi, I'm Marcia Self Employed
Painting
, Marcia. |
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| | | | | Painting
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ANSWER:
HERE'S WHAT YOU NEED FOR PAINTING BUSINESS:
You can obtain a seller's permit here online. You will need it for buying the painting materials wholesale. See more below:
What is cost for Painting Business In Idaho What is cost for Painting Business In Idaho I am currently painting on canvas and probably I am going to offer my work in events, do I need to get business license or a permit? you are sending me a lot of information I can't read :( I pay taxes are those the same? I have it because I make jewelry In Idaho I am currently painting on canvas and probably I am going to offer my work in events, do I need to get business license or a permit? you are sending me a lot of information I can't read :( I pay taxes are those the same? I have it because I make jewelry.
What is cost for Painting Business In Idaho What is cost for Painting Business In Idaho I am currently painting on canvas and probably I am going to offer my work in events, do I need to get business license or a permit? you are sending me a lot of information I can't read :( I pay taxes are those the same?
I have it because I make jewelry In Idaho I am currently painting on canvas and probably I am going to offer my work in events, do I need to get business license or a permit? you are sending me a lot of information I can't read :( I pay taxes are those the same? I have it because I make jewelry.
If you chose to be a painter, it is a good thing because all painting is like art. Painting is the practice of applying paint, color or other medium to a surface and it can be a house wall you are painting. The application of the medium is commonly applied to the base with a brush but other objects can be used. In art, the term painting describes both the act and the result of the action. However, painting is also used outside of art as a common trade among craftsmen and builders. Paintings may have for their support such surfaces as walls, paper, canvas, wood, glass, lacquer, clay, copper or concrete, and may incorporate multiple other materials including sand, clay, paper, gold leaf as well as objects. |
You can choose to be a(n) Painting :
- Sole Proprietor,
- LLC,
- Corporation or
- Partnership.
After you decide and select your business entity, you need licensing.
Lubbock Business Tax Registration (
Business License)
All businesses including home, online or mobile BUSINESS need a BUSINESS license because they are BUSINESSES.
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A(n) Painting business using a fictitious business name in
Lubbock County
i.e. you are a business with a trade name other than the owner's legal (full name) name are required to get a(n)
fictitious business name.
For instance you open a(n)
Painting
business and you name it "Superior
Painting
Group". You will need to file a fictitious business name for that name.
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In addition note that in
TX
you may also need a seller's permit if you sell merchandise that is taxable.
(A.K.A state id, wholesale, resale,
reseller certificate, about $39 for most states).
Seller's Permit
Note: All businesses need a federal tax ID number except sole proprietors that are not employers and are not independent contractors.
An independent contractor is a self employed business person that receives more than $600 per year from anyone of his or her clients.
IRS rule: The client must issue a 1099 form to the independent contractor and the independent contractor must have a federal tax ID.
However, even sole owners may obtain a federal ID and use it as a business tax ID instead of using their own social security number as a
business tax ID number.
However, all other licenses that apply to sole proprietors as discussed here are requited regardless of getting
a federal tax ID number.
In addition you will need a federal and a state EIN if you will hire employees.
I.e., a TX Federal Tax Id Number ($29) and a(n) TX State Employer Tax Number
Instead of filing a fictitious business name DBA Filing (about $49 plus state and legal newspaper publication fees) in
Lubbock, Incorporate in TX or form a(n) TX LLC .
You have a choice to file a DBA or form an LLC or incorporate.
There is a cicrcumstance that you may not need to register a trade name and that is when you use your full name as a business name if you use your full legal name as a trade 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 "& sons" etc.
If you do form an Construction llc or incorporate (about $49 plus state fees for most states) your Painting business instead of just filing a fictitious business name (dba),
that insurs that you don't have personal liability for debts and civile liabililty arising from your business dealings and you will not have to record the Lubbock business name.
Instead of just registering your Lubbock County assumed business name (our fee includes assumed business name registration and legal newspaper publication) you can choose to setup a corporation in
TX or form an TX LLC (starts @ $49 plus state fee for most states & includes required documents such as bylaws for the corporation and Limited Liability operating agreement for the LLC). .
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