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Starting a(n) automotive Business Licenses & Tax IDs |
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Hi, I'm Micheal Cochran Do I Need A License Llc
Automotive
starting a ma and pop auto shop, needing info. so far your website sucks. not helpful at all. your asking me personal questions i do not want to answer, then not allowing me to proceed.
| , Micheal Cochran. |
Hi, I'm Melvin Durham Illinois
Automotive
I am a hand car wash and detail shop. It will be family owned. I will sell my own special wax. It will be in Joliet, Il on a major street that gets a lot of traffic.Yes how do I get a sellers permit? how soon can I get a sellers permit letter? I'm Selling quality . A: You can get a seller's..., Melvin Durham. |
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I am a hand car wash and detail shop. It will be family owned. I will sell my own special wax. It will be in Joliet, Il on a major street that gets a lot of traffic.Yes how do I get a sellers permit? how soon can I get a sellers permit letter?
I'm selling quality .
A: You can get a seller's permit here and it takes 2 days or you can expedite it.
A: you can obtain it here for selling children's clothes. Anything to do with automotive parts, requires a sellers permit because auto parts and accessories are taxable. This includes Automotive technologies. Automotive parts including some articles that concern parts that are not specifically or only found on automobiles but also on other Auto parts. Retailers and suppliers of essential and non-essential parts are found in Auto parts suppliers Automotive part retailers. Note that even mechanics need to get a sellers permit to purchase auto parts without paying taxes. So, for example, a mechanic performs repairs and uses parts. He or she needs to charge for his services separate and the parts separate. He or she must charge a percentage about 7% for the parts. |
Business Licensing Information. All businesses need a Business License
. If you sell any merchandise, you may want to obtain a resale ID first. Then all businesses are legally required to get a Business License
. In addition, if you use a trade name to conduct business. Also, keep in mind that if you decide to hire employees, you will need to apply and get an IRS EIN and register for state employment taxes i.e., get a state identification number. Finally, corporate entities are more prestigious so though you may need to register a DBA Doing Business As you may want to consider becoming a corporation or limited liability company. |
You can choose to be a(n) Automotive :
- Sole Proprietor,
- LLC,
- Corporation or
- Partnership.
After you decide and select your business entity, you need licensing.
Columbus 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) Automotive business using a fictitious business name in
Delaware 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)
Automotive
business and you name it "Superior
Automotive
Group". You will need to file a fictitious business name for that name.
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In addition note that in
OH
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 OH Federal Tax Id Number ($29) and a(n) OH State Employer Tax Number
Instead of filing a fictitious business name DBA Filing (about $49 plus state and legal newspaper publication fees) in
Columbus, Incorporate in OH or form a(n) OH 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 Other llc or incorporate (about $49 plus state fees for most states) your Automotive business instead of just filing a fictitious business name (dba),
it will help you avoid personal liability from wrongs arising from your business dealings and you will not have to file the Columbus business name.
Instead of just registering your Delaware County assumed business name (our fee includes assumed business name registration and legal newspaper publication) you can choose to setup a corporation in
OH or form an OH 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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