
Is your EIN number the same as your sales Tax ID number? I just started my new online business?
I was assigned for an EIN number for when you first open up your own business, mine is an online business. On the website I am buying my products from they ask for a Sales Tax ID number isn’t that the same as my EIN number? I think so but I want to double check?
No. The EIN number is generally issued by the Feds (IRS) and the sales tax ID number is issued by your state department of revenue. They do not share the same ID generator (for obvious reasons).
EIN number you acquired (presumably) from the IRS. This is essentially a “social security number” for a business. When you file your taxes, you will use this EIN number as your business’ ID number.
The sales tax ID is issued by your corresponding state’s department of revenue services (usually). When paying sales tax collected (either monthly, quarterly or annually depending on volume), you do so via a separate form than you would when filing your state and federal income taxes.
|
|
How To Start A Home-Based Internet Business That Makes Money Like A Fortune 500 Company: Secrets To Starting Your Own Internet Business In Your Basement And Operate It In A Boardroom $19.00 Here’s a little of what you’ll learn inside of How To Start a Home-Based Internet Business That Makes Money Like A Fortune 500 Company: – How To Dress Your Business Up To Look Like A Model At The Academy Awards! Secret Techniques For Setting Up Your Home Office That Increase Productivity & Profits! – The “Trump” Strategies To Hiring, Firing, Delegating & Dealing With The IRS! – The Secrets To Givi… |
|
|
SquareTrade 3-Year Fitness Equipment Warranty ($600-800 Items) $89.50 SquareTrade Care Plans are great value and cost 70% lower on average than traditional warranties. Upon purchase, you will get an email confirmation. You will not be mailed a paper contract. If you have questions, please call: 1.877.WARRANTY…. |
|
|
SquareTrade 3-Year Fitness Equipment Warranty ($2000-$3000 Items) SquareTrade Care Plans are great value and cost 70% lower on average than traditional warranties. Upon purchase, you will get an email confirmation. You will not be mailed a paper contract. If you have questions, please call: 1.877.WARRANTY…. |
Related Articles
No user responded in this post
Leave A Reply