How To get a Tax ID in Georgia
If you’re Planing on starting a business in Georgia, a state tax identification number, or Employer Identification Number (Ein), is a must. You’ll use this number for tax payments and returns filed with the state. The application process involves a two-page form for basic business information, which can be mailed, faxed or filed online.
Required Numbers for the Tax Id Number Application
Georgia requires applicants to provide their business name, location and federal employer identification number, as well as the Social Security number of all company officers.The reason why this information is require is so the IRS will know who is responsible for the business and the earning being reported.
How to Get Your Georgia Tax id Number
If a state Tax ID number is needed, the fastest way to fulfill this requirement is to use the online forms provided by the state’s web portal. Sometimes the form can be filled out online and submitted, but in other cases it will have to be printed and mailed. The form itself is usually very detailed, but the required information is usually general and so not too difficult to complete. In most cases, applicants will have to provide the name of the business, its physical address, its corporate structure, the names of its owners and each one’s percentage of the business, partners and the number of employers. Usually, a contact person for the company must be designated. Most states do not charge a filing fee for state Tax ID number applications.
After all documentation has been complete you can now obtain your new business Ein number and begin the first steps in to opening a business checking account and establishing your new business.