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Starting a(n) Drafting And Design Business Licenses & Tax IDs

Hi, I'm Eric Wicht Get Permits For Small Business In Hastings NE Drafting And Design

I am a draftsman and design products that can be manufactured by individual companies. I will Sell my services as a draftsman to companies to be used on multiple products in multiple states via email and regular mail services.

, Eric Wicht.

Drafting And Design

✔ Biz Structure

You can choose to be a(n) Drafting And Design :

Sole Proprietor,
LLC,
Corporation or
Partnership.
After you decide and select your business entity, you need licensing.

✔ Biz License

Hastings Business Tax Registration ( Drafting And DesignBusiness License)
All businesses including home, online or mobile BUSINESS need a BUSINESS license because they are BUSINESSES.

✔ DBA Biz Name

A(n) Drafting And Design business using a fictitious business name in Adams County i.e. you are a business with a trade name other than the owner's legal (full name) name are required to get a(n) fictitious business name. For instance you open a(n) Drafting And Design business and you name it "Superior Drafting And Design Group". You will need to file a fictitious business name for that name.

✔ Seller Permit

In addition note that in NE Drafting And Design you may also need a seller's permit if you sell merchandise that is taxable. (A.K.A state id, wholesale, resale, reseller certificate, about $39 for most states). You will need it if you sell or want to buy wholesale any Drafting And Design related items, such as food, materials, or merchandise.
Seller's Permit

✔ Federal EIN

Note: All businesses need a federal tax ID number except sole proprietors that are not employers and are not independent contractors.
An independent contractor is a self employed business person that receives more than $600 per year from anyone of his or her clients.
IRS rule: The client must issue a 1099 form to the independent contractor and the independent contractor must have a federal tax ID. However, even sole owners may obtain a federal ID and use it as a business tax ID instead of using their own social security number as a business tax ID number.
However, all other licenses that apply to sole proprietors as discussed here are requited regardless of getting a federal tax ID number.

✔ State EIN

In addition you will need a federal and a state EIN if you will hire employees. I.e., a NE Federal Tax Id Number ($29) and a(n) NE State Employer Tax Number

✔ L L C

Instead of filing a fictitious business name DBA Filing (about $49 plus state and legal newspaper publication fees) in Hastings, Incorporate in NE or form a(n) NE LLC .

You have a choice to file a DBA or form an LLC or incorporate. There is a cicrcumstance that you may not need to register a trade name and that is when you use your full name as a business name if you use your full legal name as a trade name.
Also note that even using your first and last name may not help you avoid filing a DBA if the name has a suffix such as "& sons" etc.

✔ Incorporation

If you do form an Services llc or incorporate (about $49 plus state fees for most states) your Drafting And Design business instead of just filing a fictitious business name (dba), that insurs that you don't have personal liability for debts and civile liabililty arising from your business dealings and you will not have to record the Hastings business name. Instead of just registering your Adams County assumed business name (our fee includes assumed business name registration and legal newspaper publication) you can choose to setup a corporation in NE or form an NE LLC (starts @ $49 plus state fee for most states & includes required documents such as bylaws for the corporation and Limited Liability operating agreement for the LLC). .

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Hastings Eric Wicht 6/17/2013 10:35 AM .

Get Permits For Small Business In Hastings NE Drafting And Design

Eric WichtHastings, NE.

Get Permits For Small Business In Hastings NE

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Get Permits For Small Business In Hastings NE

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