How to Get a Tax ID (EIN) in New Bern NC

Obtaining a Tax ID Number (EIN)

When starting a business in New Bern NC, 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.

North Carolina State Tax ID

Outside of obtaining your Federal Tax ID (EIN) in New Bern NC you will also likely need a North Carolina 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 North Carolina State Website at https://eservices.dor.nc.gov/ncbusreg/

Cities in North Carolina

• Bridgeton, NC
• Grantsboro, NC
• Kennells Beach, NC
• Trent Woods, NC
• Alliance, NC
• Arapahoe, NC
• Minnesott Bch, NC
• Minnesott Beach, NC
• Ernul, NC
• Stonewall, NC
• Mcas Cherry Point, NC
• Cherry Point, NC
• Cherry Point Marine Corps Ai, NC
• Pollocksville, NC
• Havelock, NC
• Oriental, NC
• Bayboro, NC
• Mesic, NC
• Merritt, NC
• Edward, NC
• Vanceboro, NC
• Royal, NC
• Aurora, NC
• Vandemere, NC
• Cove City, NC
• Blounts Creek, NC
• Maysville, NC
• Newport, NC
• Bogue, NC
• Chocowinity, NC
• Stella, NC
• Dover, NC
• Fort Barnwell, NC
• Swansboro, NC
• Peletier, NC
• Cape Carteret, NC
• Cedar Point, NC
• Lowland, NC
• Hobucken, NC
• Morehead City, NC
• Trenton, NC
• Bath, NC
• Salter Path, NC
• Cape Lookout National Seasho, NC
• Beaufort, NC
• Atlantic Bch, NC
• Atlantic Beach, NC
• Atlanticbeach, NC