How to Get a Tax ID (EIN) in U Of M MI

Obtaining a Tax ID Number (EIN)

When starting a business in U Of M 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 U Of M 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

• Pittsfield Twp, MI
• Barton Hills, MI
• Superior Township, MI
• Dixboro, MI
• Ann Arbor Township, MI
• Willow Run, MI
• Superior Twp, MI
• Lodi Township, MI
• Delhi, MI
• Loch Alpine, MI
• Scio Township, MI
• Ann Arbor, MI
• Ypsilanti, MI
• Rawsonville, MI
• Whitmore Lake, MI
• Northfield Twp, MI
• Hamburg Twp, MI
• Four Mile Lk, MI
• Webster, MI
• Scio, MI
• Hudson Mills, MI
• Dover, MI
• Dexter, MI
• Plymouth, MI
• South Lyon, MI
• Salem, MI
• Saline, MI
• Canton Twp, MI
• Canton, MI
• Whittaker, MI
• Hamburg, MI
• Bridgewater, MI
• Lakeland, MI
• Willis, MI
• Cone, MI
• London Twp, MI
• Stony Creek, MI
• Milan Twp, MI
• Oakville, MI
• Milan, MI
• York Twp, MI
• Augusta Twp, MI
• Mooreville, MI
• Belleville, MI
• Roulo, MI
• Van Buren Twp, MI
• Sumpter Twp, MI
• Northvl Twp, MI