How do I register my business with the IRS?

To register your business with the IRS in Georgia, you must first decide if you would like to register as a sole proprietorship, partnership, corporation, LLC, or other business entity. Depending on which type of business entity you choose, each may require separate paperwork and filings. Once you have chosen your business entity, it is important to check with the Georgia Secretary of State’s office to determine if you must register your business entity with the state of Georgia. If so, you can complete the forms from the Georgia Secretary of State’s website. After registering with the state, you are ready to complete the Internal Revenue Service (IRS) paperwork. You must obtain an Employer Identification Number (EIN) from the IRS for the business. This is a nine-digit number to identify the business for filing taxes and for other business operations. You can apply for an EIN online or via the IRS’s toll-free number. Once you have your EIN, it is important to familiarize yourself with the various taxes applicable to the business structure you have chosen. Depending on the type of business, you may need to file income tax returns, employment taxes, and excise taxes. The IRS website provides information on the types of taxes applicable for different business entities. Finally, it is important to remember to file a tax return each year. If you need assistance in filing business taxes, it is advisable to consult with an accountant who is well-versed in the business tax laws in Georgia.

Related FAQs

How do I obtain a trademark or copyright?
What is a corporate policy manual?
How do I obtain a business loan?
What are the pros and cons of different forms of business?
What is a board of directors?
How do I hire employees and independent contractors?
How do I select a banker for my business?
How do I form a professional corporation?
What is a corporate seal?
What documents do I need for a business formation?

How do I register my business with the IRS?

Related FAQs

Related Blog Posts