How to Get a Tax ID (EIN) in Grandville MI

Obtaining a Tax ID Number (EIN)

When starting a business in Grandville MI, 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.

Michigan State Tax ID

Outside of obtaining your Federal Tax ID (EIN) in Grandville MI you will also likely need a Michigan 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 Michigan State Website at http://www.michigan.gov/taxes/0,4676,7-238-43519_43521---,00.html

Cities in Michigan

• Wyoming, MI
• Georgetown Township, MI
• Georgetown Tp, MI
• Georgetown Twp, MI
• Jenison, MI
• Jamestown, MI
• Hudsonville, MI
• Kentwood Brch, MI
• Walker, MI
• Byron Center, MI
• Byron Township, MI
• Standale, MI
• Kentwood, MI
• Cutlerville, MI
• Christian Reformed Church, MI
• Radio Bible Class, MI
• Business Reply Mail, MI
• Gr, MI
• Grand Rapids, MI
• Zondervan Corp, MI
• Zeeland, MI
• Borculo, MI
• E Grand Rapid, MI
• East Grand Ra, MI
• East Grand Rapids, MI
• Forest Hills, MI
• Allendale, MI
• Marne, MI
• Lamont, MI
• Burnips, MI
• Moline, MI
• Dorr, MI
• Dutton, MI
• Caledonia, MI
• Comstock Park, MI
• Wayland, MI
• Coopersville, MI
• Coppersville, MI
• Eastmanville, MI
• Amway Corp, MI
• Ada, MI
• Cascade, MI
• Cascade Twp, MI
• Port Sheldon, MI
• West Olive, MI
• Hamilton, MI
• Conklin, MI
• Belmont, MI