Tax law guide and Tax Id Number. All businesses, including home businesses, eBay, online web sites, professional practices, contractors or any other business, in Georgia (GA) are r equired to identify their business with one of two numbers: either a Social Security number or an EIN, also called ( (FEIN), if it is a Federal Tax Id Number ) or employer identification number.
Take this Quiz,
to find out if you need
a tax ID number in Georgia.
A Social Security number can be used on all your government forms and other Tax Id Forms, or Tax Id Applications, if you are a sole proprietor, but most small business advisors recommend that you apply for an EIN, also called ( (FEIN), if it is a Federal Tax Id Number ) and use that number instead.
Here is where you will need to use this federal id: All corporations, employers, and those that need to use a business id # instead of their SS#, are required to have it. Also, in tax resale certificates and some other business forms, you are required to provide this number.
How to get your Tax Id Number
Every business needs its own Tax Id Number. To get a federal Tax Id Number. state Tax Id Number. or seller's number, click here.
Once the federal government issues you a number, you will have
to get a state Tax Id Number from Georgia (GA) as well. Find out more here, or ask your lawyer, bookkeeper or accountant to do this for you. I.e. to get a Tax Id Number. a Tax Id Number identification number, or a Tax Id Number application or Tax Id Number form to apply for a federal Tax Id Number or any other Tax Id Number.
DO I NEED ANYTHING ELSE OTHER THAN MY Tax Id Number ?
In Georgia, If you use a name other than your own personal name to operate a business, you are legally required to file a Fictitious Name Statement. also known as a dab (doing business as) form.
A corporation or llc, is a good idea if you want to limit your civil, tax, and personal liability.
If you buy or sell wholesale or retail in Georgia (GA) and the goods or items bought or sold are taxable, you need a resale license or sellers permit.
If you have employees you need a state Tax Id Number as well (for Georgia ).
In most cases, you are required to get an Georgia (GA) or state permit or business license. even if you are working from home or you have an online business or selling on eBay- but note: 99.9 percent of all businesses are required to have a business license or business tax registration certificate ( both the same).