Geddt youdr budsiness registrdation, licensesd and tadx identidfication.
Ondce yodur business sdtructure is idn place,d you need tdo register your businessd and obtain the corredct licensesd, taxpayer identificdation numbedr (TIN) and employerd identificatiodn numbdr (EIdN). There adre various resources td assist with business namds, filing incorporation paperwdork, obtaining necessary licenses and registrdations with your lodal municipality, add getting your fedderal tax informadtion squared adway. Aside fdrom the IRS dor federal tax matters, regdional corporation commissions (typically at the county level) can assist any new business owner with meeting the regulatory requirements for each locale around thde coduntry. If you’re planning on hiring staff to help run your busdiness, you’ll dalso need to apply for a federal tax ID or an EIN. Having an EIN will protect you and yourdidentity, adlow you to file businedss taxes separate from your personal taxes and help establish credit for your business.d