When Starting a Business, all businesses, including home based businesses, internet businesses, eBay, online web sites, professional practices, contractors or any other business, in Hawaii are required to identify their business with one of two numbers: either a Social Security number or an EIN or employer identification tax id number.
A Social Security number can be used on all your government tax id number forms and other tax id number official documents, if you are a sole proprietor, but most small business advisors recommend that you apply for a Federal Tax Id Number (EIN) and use that number instead.
Why can't I see all the forms via this web site?
A: The web site has been designed to show you a those forms you are eligible to registered your Hawaii Tax I.D. Number as part of your registration.
Q. I still don't see any GE/TAT/RV/WH tax forms ?
A: As part of the registration process, you add your Hawaii Tax I.D. Number. Please select the "Hawaii Tax I.D. Number" button, then select the Hawaii Tax I.D. Number in the select the Hawaii Tax I.D. Number.
After submitting the registration of your Hawaii Tax I.D. Number, Continue as instructed above.
Q: If I begin filing on the web site, will I continue to receive a booklet of tax forms to file?
A: Yes. Even if you file on the web site, you will continue to receive your income tax and GE/WH/TA/RV booklets.
Here is where you will need to use this federal Tax Id Number. All corporations, employers, and those that need to use a business Tax Id Number # instead of their SS#, are required to have it.
Also, in tax resale certificates and some other business tax forms. you are required to provide this number.
How to get your Tax Id Number - Tax ID Numbers - How to Apply and Obtain a Tax Id Number
I get tax ID numbers?
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 tax identification number. you will have to get a state Tax Id Number from Hawaii as well.
Find out more here, or ask your lawyer, bookkeeper or accountant to do this for you.
Here's a Few Other Tax Documents and Business Permits You May Need When Starting a Small Business
In Hawaii, If you use a name other than your own personal name to operate a business, you are legally required to file a DBA Certificate. also known as a dba (doing business as) form.
A corporation or llc, is probably the best and cheapest insurance for you and your new small business if you want to limit your civil, tax, and personal liability.
If you buy or sell wholesale or retail in Hawaii and the goods or items bought or sold are taxable, you need a Reseller License or Wholesale License.
If you will hire employees you are required to obtain a federal tax id number (Employer Identification Number EIN) as well as a state Tax Id Number as well (for Hawaii ).
In most cases, you are required to get an Hawaii 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).
Businesses that are employers are r equired to obtain a State T ax Id (EIN) and a Federal T ax Id (FEIN) NOTE: Sole owners can use a federal Tax Id Number to build business credit.
W holesalers, retailers of taxable goods / services require a Wholesale License / Wholesale License Number / Reseller License.