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| Starting a(n) hair salon Business Licenses & Tax IDs |
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Hi, I'm set up llc sioux falls sd
| suite and booth rental salon. Eight suites and three booths. Will sell retail for salon through booths. Renters for suites will be
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Hi, I'm How do I obtain a Texas hair salon LLC
Q: How do I obtain a Texas hair salon LLC
A: You can obtain an llc here online. LLCs also need a federal tax id and since you will be selling cosmetics such as shampoo and other hair products, you also need a seller's permit. Short Tee's Hair Classics is an assumed business name in TX a..., . |
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| suite and booth rental salon. Eight suites and three booths. Will sell retail for salon through booths. Renters for suites will be
Q: How do I obtain a Texas hair salon LLC
A: You can obtain an LLC
here online. LLC
s also need a federal tax id and since you will be selling cosmetics such as shampoo and other hair products, you also need a seller's permit. Short Tee's Hair Classics is an assumed business name in TX and needs to be registered if you don't form an LLC
. If you do set up an LLC
,you don't need to file a dba for the name.
As the majority of hair salon businesses, 99.9%, you will need an occupational business license even if you obtain a free LLC
filing or you incorporate.
In addition, you may need a federal tax ID number, and if you sell any merchandise, you will need a resale tax ID number.
Also note that all LLC
s need an occupational hair salon business license.
Also, if the hair salon LLC
has more than one member, or you will file a tax return for the LLC
as a corporation as opposed as a disregarded entity, you will need a federal tax ID number for the LLC
.Starting a business fist step is to choose the tax legal structure.
There are three major ones:
1. Sole proprietor,
2. Partnership, and
3. Corporation or Limited Liability Company.
All small, home or web based businesses as well as big businesses must choose and register as on of the above.
In addition, businesses must obtain a business tax registration occupational license receipt.
If selling any taxable items,a business must also get a reseller ID number to buy wholesale and sell retail.
Finally, if a business is an employer, it needs to get a federal EIN and a State EIN. |
1. SELECT LLC, DBA, CORP
From sole propr., Columbus LLC, GA partneship or GA Corp.: Each requires an entity certificate filing.
2. TAX IDs - PERMITS
All
Retail Trade
businesses/entities need a business license and an EIN.
3.
Columbus STATE SALES TAX ID.
Selling/Buying wholesale or retail
requires a Columbus seller's permit.
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You can choose to be a(n) :
- Sole Proprietor,
- LLC,
- Corporation or
- Partnership.
After you decide and select your business entity, you need licensing.
Palmetto 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) business doing business under an assumed business name in
Fulton County
i.e. you are a business that uses a DBA doing business as trade name to trade that is other than the full legal (first and last -- full name) name of a sole proprietor or a name other than the LLC or Corporation business name need a(n)
assumed business name certificate.
E.g. you venture into a(n)
business and you give it a trade name such as "Excellence
& Associates". You will need to register an assumed business name certificate.
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In addition note that in
Columbus
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 Columbus Federal Tax Id Number ($29) and a(n) Columbus State Employer Tax Number
Instead of filing a fictitious business name DBA Filing (about $49 plus state and legal newspaper publication fees) in
Palmetto, Incorporate in Columbus or form a(n) Columbus LLC .
Filing a DBA is not required if you will set up an LLC or form a Corporation.
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 Retail Trade llc or incorporate (about $49 plus state fees for most states) your business instead of just filing a fictitious business name (dba),
that insurs that you don't have personal liability for debts and civile liabililty arising from your business dealings and you will not have to record the Palmetto business name.
Instead of just registering your Fulton County assumed business name (our fee includes assumed business name registration and legal newspaper publication) you can choose to setup a corporation in
Columbus or form an Columbus LLC (starts @ $49 plus state fee for most states & includes bylaws for the corporation and Limited Liability operating agreement for the LLC that is required to open a business bank account). .
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