How to apply for a tax identification number in California
One of the first things you need to do when looking in to establishing a a small business in the state of California is to first apply for a tax identification number aka the Employer identification number (Ein) the name can differ in many ways depending on who you ask, but the function of the tax id is the same. The tax id is a number that is issued to you by the United States government/ IRS for tax purposes for any person/persons planing on doing business in the country, for the sole purpose of income reporting for the business or non for profit. California Tax Id
Getting a federal tax id in California
Easy, there are many ways that you can go about obtaining you tax id number in the State of California , one of the first ways is by going to either you local library and completing a IRS ss-4 Form and mailing the form directly to the IRS, another way is by visiting the IRS website and either printing the IRS SS-4 Online and mailing directly to them or applying through their website and filling out the IRS questionnaire, these processes are free but can sometimes be confusing and if not done correctly can result in your business Ein being declined.staring a business in California
Other Ways To Apply For Your Business EIN
another alternative is by using are simple services with our easy to fill out online Ein application it will take you less than 5 minutes to complete this process and have your tax identification number sent to you in less than 24 hours by one of our professionals. this service does cost 49.99, but guarantees you that you tax id is delivered right to you with no headaches and no paperwork, we’ll take care of the rest and if your tax id number is not received within 24 hours it’s FREE!
How to obtain a tax id number for a business in California
After you get you IRS tax id number you are now one step closer to starting your business and getting your way to financial independence, you will now be able to go down to your local financial center and open up a business checking account and start focusing on whats really important, if you are planing on being a wholesaler or needing to know about any licensing or permits you will need to obtain please visit https://www.ftb.ca.gov/businesses/faq/701.shtml