How to Get a Tax ID (EIN) in West Townsend MA

Obtaining a Tax ID Number (EIN)

When starting a business in West Townsend MA, 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.

Massachusetts State Tax ID

Outside of obtaining your Federal Tax ID (EIN) in West Townsend MA you will also likely need a Massachusetts 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 Massachusetts State Website at https://mtc.dor.state.ma.us/mtc/_/#2

Cities in Massachusetts

• W Townsend, MA
• Townsend, MA
• Ashby, MA
• Greenville, NH
• Mason, NH
• Lunenburg, MA
• Brookline, NH
• Fitchburg, MA
• E Pepperell, MA
• East Pepperell, MA
• Pepperell, MA
• W Groton, MA
• West Groton, MA
• Shirley, MA
• Shirley Ctr, MA
• Shirley Center, MA
• New Ipswich, NH
• Ashburnham, MA
• South Ashburnham, MA
• Groton, MA
• New England Business Svc Inc, MA
• New England Business Brm, MA
• Hollis, NH
• Leominster, MA
• Milford, NH
• Wilton, NH
• Ayer, MA
• Ft Devens, MA
• Devens, MA
• Fort Devens, MA
• Dunstable, MA
• Temple, NH
• Rindge, NH
• Gardner, MA
• Still River, MA
• North Lancaster, MA
• Lancaster, MA
• Harvard, MA
• Winchendon Springs, MA
• Winchdon Spgs, MA
• East Princeton, MA
• E Princeton, MA
• Tyco, MA
• Westminster, MA
• Nashua, NH
• Amherst, NH
• Winchendon, MA
• Tyngsboro, MA