Ask Experts Questions for FREE Help !
Ask
    joseycuss's Avatar
    joseycuss Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Jul 18, 2007, 10:00 AM
    Business Tax ID
    Do I need to apply for a Federal Tax ID for a new business? Or, can I file the business with my husbands & I tax return?
    Rina _4's Avatar
    Rina _4 Posts: 182, Reputation: 19
    Junior Member
    		  
    #2

    Jul 18, 2007, 12:46 PM
    You need to apply for a Federal Tax ID so you can file under the name of the business.
    If you are selling any type of products, services, etc.
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
    		  
    #3

    Jul 18, 2007, 12:52 PM
    You can operate many small business under your SSN and file a Schedule C.
Not your question? Ask your question View similar questions
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Journal entry of sales tax with a service business [ 6 Answers ]

Hi, we have a small engine repair business. On the receipts there is the labor which I know is not taxable. Also there are parts we use to fix the engines that we city tax the customers for. I've been making my journal entries like this: Cash -debit, service revenue - credit, sales (these are the...

This business doesn't pay income tax, WHY? [ 5 Answers ]

Why does this business desire is the to be the only for profit business exempt from paying both state and federal income taxes? Every other business and person in the US has to pay income taxes. THis business takes in about one trillion dollars a year and pays zero in taxes. This business is...

Business to business vs Business to Consumer retail [ 1 Answers ]

How does Business to business retail differ from business to consumer retail?

Business Tax - Tax to Book adjustments [ 3 Answers ]

Hello My C Corp company is completing the 1120 and I am working on the book to tax differences, specifically the unpaid accrual 75 days after year end. My accountant has recorded a few activities to the accrual ledger accounts which I believe should NOT be considered as a tax adjustment. ...

View more questions Search