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

Obtaining a Tax ID Number (EIN)

When starting a business in Sayre 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 Sayre 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

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• Gardendale, AL
• Brookside, AL
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• Mount Olive, AL
• Gravleeton, AL
• Sumiton, AL
• Watson, AL
• Burnwell, AL
• Empire, AL
• Adamsville, AL
• Forestdale, AL
• Sipsey, AL
• Warrior, AL
• Coalburg, AL
• Fultondale, AL
• Fulton Springs, AL
• Docena, AL
• Morris, AL
• Kimberly, AL
• Cordova, AL
• Barney, AL
• New Castle, AL
• Quinton, AL
• W Jefferson, AL
• West Jefferson, AL
• Praco, AL
• Mulga, AL
• Sylvan Spgs, AL
• Sylvan Springs, AL
• Maytown, AL
• Tarrant, AL
• Ensley, AL
• Birmingham Southern College, AL
• Pl Grove, AL
• Pleasant Grv, AL
• Pleasant Grove, AL
• Center Point, AL
• Regions Bank, AL
• Caller Boxes, AL
• Al Gas Corp, AL
• Compass Bank, AL
• State Farm Insurance, AL
• Business Reply Mail, AL
• Al Power Co, AL