Q : I am starting an online
Catholic books and gifts store. I would also sell outside of the online. I have
no physical store, though. would I need to get an LLC and would I also need a
tax number for sales and wholesale purchase? Would I need to apply for any
other licenses or tax ID's. It is only me the owner in business - very small
business. Will be web-hosted by yahoo. Thanks.
A : Yes if you are using other than your personal name to advertise your business then certainly you are required to register your business either as an LLC (Limited Liability Company, Corporation Formation or Sole proprietor/DBA (Doing business as). You are also required to obtain state identification number to conduct business.
Register Corporation: http://bit.ly/4xbuab
Form LLC: http://bit.ly/pHak2f
Register DBA/Sole Proprietor: http://bit.ly/a4IBhh
InfoTaxSquare.com
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