How to Get a Tax ID (EIN) in Oakhurst OK

Obtaining a Tax ID Number (EIN)

When starting a business in Oakhurst OK, 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.

Oklahoma State Tax ID

Outside of obtaining your Federal Tax ID (EIN) in Oakhurst OK you will also likely need a Oklahoma 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 Oklahoma State Website at https://www.ok.gov/tax/Online_Services/Online_Business_Registration.html

Cities in Oklahoma

• Oral Roberts Univ, OK
• Jenks, OK
• Tulsa City Utilities, OK
• Oklahoma Natural Gas, OK
• Tulsa, OK
• First Natl Bank Mail Service, OK
• Bok Mail Service, OK
• United States Postal Service, OK
• Williams Center, OK
• Kiefer, OK
• Keifer, OK
• Sepulpa, OK
• Supulpa, OK
• Sapulpa, OK
• Glenpool, OK
• Sandsprings, OK
• Ss, OK
• Lotsee, OK
• Sand Springs, OK
• Kellyville, OK
• Broken Arrow, OK
• Brkn Arw, OK
• Mounds, OK
• Sperry, OK
• Prue, OK
• Bixby, OK
• Leonard, OK
• Lawrence Crk, OK
• Lawrence Creek, OK
• Mansford, OK
• Mannford, OK
• Owosso, OK
• Owasso, OK
• Winchester, OK
• Beggs, OK
• Skiatook, OK
• Catoosa, OK
• Cotoosa, OK
• Fair Oaks, OK
• Port Of Catoo, OK
• Slick, OK
• Osage, OK
• Westport, OK
• Cleveland, OK
• Shady Grove, OK
• Baugh, OK
• Terlton, OK
• Bristow, OK