30 JulGetting an Employee ID or Federal Tax Identification Number for Your Lawn Care Company

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Getting an Employee ID or Tax Identification Number for Your Lawn Care Company

If you starting a new lawn care company it can cost plenty of money getting all the proper legal documents prepared. You are both qualified and competent to complete many of the legal documents that you encounter.  Most business documents that you will need are located online in a PDF format.  In this blog entry I will walk you through the process of getting a Tax Identification Number.

Your Tax ID or Employer ID is like having a Social Security number for your business and allows you to pay taxes. You will need this number in conjunction with your Articles of Incorporation (Corporation) or Articles of Formation (Limited Liability Company) or DBA Certificate (Fictitious Name Filings) to get a business checking account with the business name on it.  You will also use this number to build business credit for your lawn care company.
Step 1: Go to the official IRS website.  CLICK HERE FOR A LINK

Step 2: Click on the link titled APPLY ONLINE NOW

Step 3: Click on the BEGIN APPLICATION

 

Step 4: Choose the appropriate legal structure for your business.  We chose Corporation for our example.

Step 5: Unless you chose S-Corp. Click CORPORATION and continue.

 

Step 6: Be sure to read the business type description to confirm you have chosen the appropriate business structure.

 

Step 7: Choose the STARTED NEW BUSINESS button and click CONTINUE.

 

Step 8: Choose the INDIVIDUAL SELECTION unless your lawn care company will be owned by another Business Entity.

For security reasons we couldn’t show you the next steps, however follow the directions closely and you are on your way.  The entire process should only take you about 12-15 minutes.  Services like this would normally cost $50-300.  You just saved yourself some valuable start-up capital by doing it yourself.  Now you’re thinking like a good CEO.  ;)   Thanks for viewing.

Good luck, and don’t forget to send me an email with additional questions or success stories.

 

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