How to Get a Tax ID (EIN) in Centre AL

Obtaining a Tax ID Number (EIN)

When starting a business in Centre AL, serving as the administrator or executor of an estate, creator of a Trust or operating a Non Profit Organization obtaining a Tax ID (EIN) is a key responsibility. A Tax ID also known as an Employer ID Number (EIN) is a unique nine digit number that identifies your business or entity with the IRS for tax purposes, essentially like a Social Security Number for the entity. A Tax ID (EIN) is used for opening a business bank account, filing business tax returns and in many cases is required when applying for business licenses. In most cases it is helpful to apply for a Tax ID (EIN) as soon as your start planning a business to ensure that there are no delays in obtaining the correct licenses, financing and opening a business bank account that would be needed to operate.

Information to Consider Prior to Applying
Before applying for your Tax ID (EIN) you may want to consider a few things before starting the application including:

• Determine which structure your business or organization will operate as
• Determine the individual or organization that will serve as the responsible party
• Determine the physical address the business/entity will use – A physical address is required for all Tax ID (EIN)’s and a separate mailing address can be specified

Definition of Entities

• Sole Proprietor – An individual who owns a company that is not incorporated or registered with the state as a limited liability company (LLC).
• Limited Liability Company (LLC) – A LLC is a structure formed by filing articles of organization which allows members limited liability protection and pass through taxation.
• Corporation – A person or group of people who establish a legal entity by filing articles of incorporation with the state’s secretary of state.
• Estate of Deceased – An estate (or decedent estate) or succession is a legal entity created as a result of a person’s death.
• Trusts – All types of trusts including conservatorships, custodianships, guardianships, irrevocable trusts, revocable trusts, and receiverships.
• Partnership – An unincorporated organization in which two or more individuals share the profits and liabilities of a business venture.
• Church – For tax purposes, a “church” refers to any organization claiming to be a church including temples, mosques, and other houses of worship.
• Non-Profit Organization – Includes public charities, educational organizations, PTA/PTO Organizations, Community Sports Teams, Homeowners/Condo Associates, etc.

Alabama State Tax ID

Outside of obtaining your Federal Tax ID (EIN) in Centre AL you will also likely need a Alabama State Tax ID. This ID is needed to pay business taxes, state income tax and/or sales tax on items you sell. Generally the State Tax ID is used for the follow:

• Sales and Use Tax
• Employee Income Tax Witholding
• Sales Tax Exemption Permits
• Excise Taxes for items like Alcohol, Tobacco, Firearms, Oil & Gas, heavy machinery, etc.

For specific detail refer to the Alabama State Website at https://revenue.alabama.gov/salestax/register.cfm

Cities in Alabama

• Cedar Bluff, AL
• Sandrock, AL
• Leesburg, AL
• Sand Rock, AL
• Spring Garden, AL
• Cave Spring, GA
• Piedmont, AL
• Borden Springs, AL
• Brdn Sprngs, AL
• Coosa, GA
• Esom Hill, GA
• East Gadsden, AL
• Hokes Bluff, AL
• Gaylesville, AL
• Gadsden, AL
• Lyerly, GA
• Collinsville, AL
• Cedartown, GA
• Glencoe, AL
• Fort Payne, AL
• Jacksonville, AL
• Lindale, GA
• Fruithurst, AL
• Wellington, AL
• Dawson, AL
• Rome, GA
• Mount Berry, GA
• Silver Creek, GA
• Ivalee, AL
• Reece City, AL
• Rockledge, AL
• Attalla, AL
• Ridgeville, AL
• Felton, GA
• Crossville, AL
• Weaver, AL
• Pine Ridge, AL
• Ft Payne, AL
• Edwardsville, AL
• Tallapoosa, GA
• Muscadine, AL
• Southside, AL
• Buchanan, GA
• Geraldine, AL
• Fort Mc Clellan, AL
• Ft Mcclellan, AL
• Alexandria, AL
• Aragon, GA