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Questions about "Taxes & Banking"

  1. LLC in a high income tax state (NY)

    I am interested in starting an LLC (online application development, all web based, no physical location) while I live in a high income tax state (NY) and my partner in another (CA). What options exist for us to minimize the amount of income tax paid with the pass through taxation option? Is it better to opt for a c-corp?

    Taxes & Banking > Miscellaneous - Posted: May 16 - Viewed: 6 - Asked by: Kris
  2. Use LLC or DBA when applying for Reseller Permit

    I have an LLC set up but will be doing business using a different name (DBA), and I am wondering if, when applying for a reseller permit, I use my LLC or DBA information. Thanks!

    Taxes & Banking > Sales Tax - Posted: Apr 25 - Viewed: 70 - Asked by: Jon
  3. EIN for LLC

    Is there anything more to filing for an EIN other than filling out the IRS form SS-4. I'm looking to form an SM LLC in Florida.

    Taxes & Banking > Federal Tax ID (EIN) - Posted: Apr 23 - Viewed: 69 - Asked by: Joe C.
  4. Acceptance of Delaware LLC by US customers online

    Are there any reasons why US customers would be reluctant to do business with a Delaware LLC and/or order at eCommerces registered in Delaware?

    Is it due to confusion about sales and service taxes?

    Taxes & Banking > Sales Tax - Posted: Apr 22 - Viewed: 60 - Asked by: Ken
  5. Time frame to receive an EIN

    Hello,

    I heard that as of March 2012, it will take 6 months to receive an EIN. Is this correct - I live in Montreal, Canada.

    Thank you.

    Taxes & Banking > Federal Tax ID (EIN) - Posted: Apr 21 - Viewed: 56 - Asked by: Marie
  6. Registered in Delaware, want to open bank account in California

    I have an LLC registered in Delaware. It is an online business. I want to open a bank account in California. Must I also register in California?

    Taxes & Banking > Miscellaneous - Posted: Apr 19 - Viewed: 91 - Asked by: Thomas
  7. Craft festival vendor in South Carolina

    I want to make sales as a vendor at craft festivals, 3 or 4 times a year in South Carolina. Do I need a retail liscence? How do I pay sales tax?

    Taxes & Banking > Sales Tax - Posted: Apr 17 - Viewed: 12 - Asked by: Frances Newlin
  8. Sales Tax ID in Louisiana

    How to obtain a sales tax id for a nonprofit corporation in Louisiana?

    Taxes & Banking > Sales Tax - Posted: Apr 13 - Viewed: 59 - Asked by: Gabriel
  9. Nexus in Delaware

    I own a single member LLC in Delaware. I am a non resident alien, and all my business income and services are sourced outside the US. I don't pay any US federal taxes, only state franchise tax. I am thinking of getting a virtual office in Delaware with a real presence. I have no property right to this address nor can I really use it, except for mail forwarding and stating it to my bank etc. If I get this virtual address service with a real address does this constitute having a real presence in the State and thus a nexus making me have to pay for taxes to the state? Thanks.

    Taxes & Banking > Miscellaneous - Posted: Mar 04 - Viewed: 86 - Asked by: Monir
  10. Sales Permit and EIN

    1- I am located in Houston, TX, Harris county. I want to start retail business as a sole owner. Should I get EIN number or I can use my SSN as my tax number?
    2 - In my retail store I wish to sell cellphones, gift items, stationary and cartridge ink refilling. While applying sales permit for the store will I need to declare NAICS for each item which I wish to sell?
    3. I am also looking to sell E-cigarettes wholesale with a different DBA for use at the same physical address, will I need to apply for separate sales tax permits?

    Taxes & Banking > Sales Tax - Posted: Mar 02 - Viewed: 43 - Asked by: hussain
  11. NY Vendor ID

    Hi, I currently work as an engineer in the waste water treatment field and I'm trying to get info regarding starting my own company, w/ the goal of being hired by NYS or NYC.
    I believe I need a NYS Vendor ID first, correct? Is that the same as a NYS Tax ID Number?
    Could you direct me to the site I'll need to apply for one please.
    Thank you

    Taxes & Banking > Sales Tax - Posted: Feb 28 - Viewed: 86 - Asked by: rsguegli
  12. Seller permit for online sales?

    Is a seller's permit required even if we are only selling products online?

    Taxes & Banking > Sales Tax - Posted: Feb 20 - Viewed: 78 - Asked by: Bridgett
  13. Back taxes

    I currently owe back taxes but have a business opportunity and was wondering if incorporating this business would it protect it from my current personnal tax issues?

    Taxes & Banking > Miscellaneous - Posted: Feb 14 - Viewed: 67 - Asked by: Jim
  14. EIN or ITIN for a Canadian doing business in the US

    Hi, I am a horse trainer in Canada i want to do business in the US. What do I need - a ITIN number or EIN number?

    Taxes & Banking > Federal Tax ID (EIN) - Posted: Feb 06 - Viewed: 60 - Asked by: rodrey
  15. Business in South Carolina

    What do I need to do to start a web based business selling goods in South Carolina?

    Taxes & Banking > Sales Tax - Posted: Jan 31 - Viewed: 24 - Asked by: Bridgett
  16. Buying items wholesale

    What kind of license or permit do i need to obtain items wholesale, most likely online?

    Taxes & Banking > Sales Tax - Posted: Dec 15 - Viewed: 45 - Asked by: Edward Bustos
  17. Past due IRS debt

    Does forming an LLC protect from personal past due IRS debt?

    Taxes & Banking > Miscellaneous - Posted: Dec 12 - Viewed: 39 - Asked by: debbie
  18. Owner's name for EIN

    Do the IRS need to know the owner's name for the EIN?

    Taxes & Banking > Federal Tax ID (EIN) - Posted: Oct 21 - Viewed: 92 - Asked by: CHARLES
  19. Forming LLC: benefits for taxes

    What tax benefits are given by incorporating an LLC?

    Taxes & Banking > Miscellaneous - Posted: Oct 19 - Viewed: 63 - Asked by: Arthur Kimble
  20. Federal Tax Number for Online Business

    Do I need a Federal Tax Number for business online? If so can I use my SS number?

    Taxes & Banking > Federal Tax ID (EIN) - Posted: Sep 20 - Viewed: 58 - Asked by: Wanda McDaniel
  21. Sales Tax Question

    I'm starting a photography business; do I need to pay sales tax from the company i'm purchasing prints from and also turn around and charge sales tax to the customers who are buying the prints from me? Then the product is being taxed twice.

    Taxes & Banking > Sales Tax - Posted: Sep 07 - Viewed: 40 - Asked by: Alisha
  22. Benefit of a C Corp in California for a small business

    What is the benefit of a C Corp over a LLC or S Corp for a business that breaks even each year, tax/financial planning company? There is a health insurance deduction, but there are only 2 other participant employees that are not the family members or owners of the business, so how does the C Corp save this company on taxes? Is it best to switch to an S Corp or LLC? It seems unneccesary to run as a C Corp right now. Please advise.

    Taxes & Banking > Accounting & Bookkeeping - Posted: Aug 25 - Viewed: 51 - Asked by: Anastasia
  23. LLC and EIN

    When I file LLC do you automaticaly get an EIN #?

    Taxes & Banking > Federal Tax ID (EIN) - Posted: Aug 22 - Viewed: 61 - Asked by: cook
  24. Taxes for a Canadian citizen with a U.S. LLC

    I am a Canadian Citizen with an LLC that was formed in Nevada. I have a 45% stake in the company and 2 American partners. I am in the process of applying for an ITIN. I do not have a visa and will not be employed by the company. I am looking for some guidance as to what type of taxes I will have to pay in the U.S. and Canada. I would like to find someone who is familiar with both Canadian and U.S. tax laws so that I can pay what is required on both sides of the border. Thank you!

    Taxes & Banking > Accounting & Bookkeeping - Posted: Aug 09 - Viewed: 69 - Asked by: Allison
  25. LLC Paycheck

    If I start a LLC am I able to get a paycheck from my company with taxes withheld?

    Taxes & Banking > Accounting & Bookkeeping - Posted: Aug 08 - Viewed: 61 - Asked by: Curt D.
  26. How does the banking work for overseas call center when I'm in US?

    I'm opening a corporation in the Philippines (call center) with 3 partners. 2 live in the Philippines, and Myself and 1 other live here in the US (FL).

    What is the best way to handle the banking component? My partner and I here in the states would like to have the money here in a bank in FL so our US campaigns that hire our services can send money here, then we can wire money to the Philippines to pay out reps, rent, etc. however banks in the states need a US tax id, which we won't have since the corp was created in the Philippines with the SEC.

    What is the recommended way to handle the banking side of starting a business overseas? Does anyone have experience in this? Thanks!

    Taxes & Banking > Miscellaneous - Posted: Aug 01 - Viewed: 65 - Asked by: Mathew
  27. Can a DE company open bank account in PA?

    Started a company in Delaware but do business in PA, can't open a checking account in PA, can you help me?

    Taxes & Banking > Miscellaneous - Posted: Jul 20 - Viewed: 92 - Asked by: Lamar G.Ruby
  28. Getting sales tax ID for LLC

    How do I get a sales tax id if I already own an LLC?

    Taxes & Banking > Sales Tax - Posted: Jul 09 - Viewed: 51 - Asked by: lamont
  29. Can I get a Michigan tax ID if I live in Texas?

    Can I get a Michigan tax ID if I live in Texas?

    Taxes & Banking > Sales Tax - Posted: Jul 08 - Viewed: 39 - Asked by: Miles Scott
  30. DBA and reseller lisence

    how much to file for DBA in Nevada ?
    How long does it take?
    Do you file for resel lisence - in nevada?
    If so, how long does it take and how much will it cost?

    Taxes & Banking > Sales Tax - Posted: Jun 08 - Viewed: 44 - Asked by: eugenie