do I have to file taxes as a business?
EmanonJAS subscriber Posts: 1
edited August 2015 in Accounting and Financial Management
'If I get my EIN before I start my business, do I have to file taxes as a business? And if not how long do I have before I do? And do i have to pay some kind of fees for the EIN.
Sign In or Register to comment.
The posts below can provide you info -
1. Which legal form of business to choose, sole proprietor, Partnership, LLC, S Corporation and C Corporation? http://bzelf.com/legal-form-of-business/
2. How to apply for EIN? IRS gives three options: online application (the quickest way), phone, or paper file Form SS-4. You can get more info and step-by-step instructions here: http://bzelf.com/apply-for-an-ein/
3. For partnership, LLC, S Corporation and C Corporation - once it's formed, you have to file the tax year for that year (due in the following year).
4. If you don't want to set up any entity, and would like to go with the simplest form sole proprietor. Here is the sole proprietor income taxation basic info and example illustration: http://bzelf.com/income-taxation-of-sol ... ietorship/
Let me know if you have any follow-up questions, and we can write more posts.