How To Establish a New Business in Tennessee
Starting a new business in Tennessee is no different than establishing a business in any other state, The process can be a bit confusing when looking for all the proper registrations forms, business permits and filing for a tax id, with this article we are here to simplify this process for you, for establishing a business in Tennessee.
Filing For a Business Tax ID
Getting your business Tax Id (Employer Identification Number) is on of the first steps that any business owner will need to take in order to have your business legal registered with the IRS, for tax reporting purposes.
How to get a Tax id Number
You can apply for a tax identification number/ EIN in two different ways depending on how comfortable you are with working with the IRS and complementing legal documentation or if you prefer to uses a tax id application filing service to have this processed taken care of.
Visit the IRS website and download the IRS SS-4 Application form and complete the form to it’s entirety , this process at times can take up to 2-4 weeks for the IRS to complete your request and send your business tax id number.
The alternative method is by using a Tax id application filing service which works directly with the IRS to obtain your ein directly from the Internal Revenue Services, this process can take up to two days or less.