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What Is a ITIN, Do I need it?

What is an ITIN? Do I need one?

What is an ITIN? Do I need one? ITIN is officially known as the Individual Taxpayer Identification Number, a unique identification number issued by the Internal Revenue Service (IRS). It is specifically designed for individuals who do not have and are not eligible to obtain a Social Security Number, but still need to comply with …

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What is a Sellers Permit

What Is a Seller’s Permit? Who Needs One & How to Get a Seller’s Permit!

What Is a Seller’s Permit? Who Needs One & How to Get a Seller’s Permit! A Seller’s Permit authorizes you to collect sales tax on taxable transactions involving goods and services. When you sell a tangible item, the state government requires you to add sales tax to the retail purchase price of your goods and …

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What is an EIN

What is an EIN Why does my Business need it​

What is an EIN? Why does my Business need it? An Employer Identification Number (EIN), a unique nine-digit number issued by the Internal Revenue Service (IRS), is a fundamental piece of your business’s identity. This number allows your business to conduct financial transactions and is as vital to your company as a Social Security Number …

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What mail can I expect after registering a business​

What mail can I expect after registering a business?

What mail can I expect after registering a business? After successfully registering a business, the crucial thing to consider is what type of mail you can expect to receive from government agencies and other entities. Understanding the types of mail that are typically sent to newly registered businesses is crucial for staying informed and compliant.   …

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Should I use my home address when registering a Business

Home Address for Business: Privacy Risks & Alternatives

Should I use my home address when registering a Business? Is it public Information? Determining an official business address is one of the critical decisions you make while registering a business. It may sound like an unimportant requirement but your choice of registered office can have a great impact on personal as well as professional life. …

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