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Starting a(n) Consulting Business Licenses & Tax IDs
Hi, I'm Benned House To Home Consulting
Consultant for residential construction
, Benned.
Hi, I'm Annabelle Trade Name In Oklahoma Consulting
73143 Trade Name In Oklahoma Annabelle Annabelle Consulting Other 56728 Consulting 6 Yukon OK
, Annabelle.
Consulting
✔ Biz Structure

You can choose to be a(n) Consulting :

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


✔ Biz License


Indianapolis Business Tax Registration ( ConsultingBusiness License)
All businesses including home, online or mobile BUSINESS need a BUSINESS license because they are BUSINESSES.


✔ DBA Biz Name

A(n) Consulting business doing business under an assumed business name in Hamilton County i.e. you are a business that uses a DBA doing business as trade name to trade that is other than the full legal (first and last -- full name) name of a sole proprietor or a name other than the LLC or Corporation business name need a(n) assumed business name certificate.   E.g. you venture into a(n) Consulting business and you give it a trade name such as "Excellence Consulting & Associates". You will need to register an assumed business name certificate.
✔ Seller Permit

In Indiana Consulting you need a resale ID ( AKA seller's permit) if you selling touchable items.  (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 Consulting 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

Also keep in mind that employers will need to obtain a federal EIN and a State EIN tax identificattion number. I.e., a IN Federal Tax Id Number ($29) and a(n) IN  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 Indianapolis, Incorporate in IN  or  form a(n) IN LLC . 

Filing a DBA is not required if you will set up an LLC or form a Corporation. If you will do business under your first and last legal name you will not need to get a fictitious business name.
Using any language that connotes additional owners in the name of the business makes filing a fictitious business name mandatory.

✔ Incorporation


If you do form an Services llc or incorporate (about $49 plus state fees for most states) your Consulting 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 Indianapolis business name. In lieu of recording a Hamilton County trade company name (our filing service fee includes trade name registration and newspaper legal publication for 4 weeks) you can also form a corporation in Indiana or form an IN LLC (starts @ $49 plus state fee for most states & includes bylaws for the corporation and Limited Liability operating agreement for the LLC that is required to open a business bank account). .
I'm not selling any product, I'm doing consulting
for a security consulting company, should i just have an llc? seems the best to me.
Hi I am setting up my consulting business and am not sure what is needed for Louisiana
we are starting to provide business loans...we already provide consulting services for investors and business owners
I am doing consulting but i know this chat is not live so i have no clue why i am answering it.
consulting. Event management. I do not buy and sell
Whether an Consulting online, home, store, concession stand or a mobile cart, you will need to first select among sole owner/proprietor, partnership, LLC or corporation, all of which also require a General Business License (not a specific license to your type of business) as well. If your trade name is a business name other than your full personal legal name, you will need to file a DBA . For instance, your name is John Doe, and you do business as Best Consulting Widgets By John, the name must be registered with a DBA Biz Name because it is not your full legal name. Also, note that whatever item that you sell or lease and it is an item that can be touched (i.e., tangible such as equipment, toys, merchandise, electronics, Consulting prepared food) requires a state sales tax ID ( Sellers Permit ) to either buy or sell the items or products wholesale and or sell them retail. If you are hiring workers anytime soon, you will need a Federal EIN and a State EIN (employer identification number). Other instances that you will need a federal tax ID are: if you are a partnership, an independent Consulting contractor, and a corporation or an LLC . You can also obtain a federal tax ID as a sole proprietor and use it as a business tax ID in the place of a social security number. However, you will still need other registrations, such as licenses, an assumed business name DBA, and tax IDs as described above. Finally, even one person, sole owner/proprietors working from home or just online can form a LLC or incorporate, in which case, they will not need to file a DBA.
   
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Lyons Benned 4/22/2019 10:59 AM .
House To Home Consulting
Consultant for residential construction
BennedLyons, Georgia.
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