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Starting a(n) Business Licenses & Tax IDs

Hi, I'm 53066 Antiques

I sell antiques out of my home. not nationally , just in WI, I buy antiques at auction and then sell them

, .

Hi, I'm Michael Morneault Maine Antique Store Antiques

We buy and sell antiques in an antique mall / and all over the world on Ebay Etsy and our own website / selling from our home / office / garage

, Michael Morneault.

Whether an  Antiques online, home, store, concession stand or a mobile cart, you will need to first select amongsole owner/proprietor, partnership, LLC or corporation, all of which also require a General Business License (not a specific license to your type of business) as well. If your trade name is a business name other than your full personal legal name, you will need to file a DBA . For instance, your name is John Doe, and you do business as Best Widgets By John, the name must be registered with aDBA Biz Name because it is not your full legal name.

Also, note that whatever item that you sell or lease and it is an item that can be touched (i.e., tangible such as equipment, toys, merchandise, electronics, prepared food) requires a state sales tax ID ( Sellers Permit ) to either buy or sell the items or products wholesale and or sell them retail.

If you are hiring  Antiques workers anytime soon, you will need aFederal EIN and a State EIN (employer identification number). Other instances that you will need a federal tax ID are: if you are a partnership, an independent contractor, and a corporation or anLLC . You can also obtain a federal tax ID as a sole proprietor and use it as a business tax ID in the place of a social security number.

However, you will still need other  Antiques registrations, such as licenses, an assumed business name DBA, and tax IDs as described above.

Finally, even one  Antiques person, sole owner/proprietors working from home or just online can form a LLC or incorporate, in which case, they will not need to file a DBA.

We need a sellers permit to sell for 3 days at a flea marketi will! just starting to look into what is needed...thanks
hello, I am wanting to open an antiques store. I don't know what steps to take.
What if I want to buy antiques in other states, but sell them in Ohio? What kine of seller's permit do I need
for selling antiques and refinished items in someone elses store what is needed?
i am starting a business Named Born Again antiques and oddities...I have registered the name already an Employer ID #...so can you tell me what else i need
can you go slow and tell me one at a time what all i need t check
i have already filed and got a return on business name
I have a booth at an antique mall and sell antiques and crafts, but I also go and buy antiques at other businesses for resale. what kind of license do I need

✔ Biz Structure

You can choose to be a(n) Antiques :

Sole Proprietor,
LLC,
Corporation or
Partnership.
After you decide and select your business entity, you need licensing.

✔ Biz License

Oconomowoc Business Tax Registration ( Business License)
All businesses including home, online or mobile BUSINESS need a BUSINESS license because they are BUSINESSES.

✔ DBA Biz Name

A(n) Antiques business using a fictitious business name in Waukesha County i.e. you are a business with a trade name other than the owner's legal (full name) name are required to get a(n) fictitious business name. For instance you open a(n) Antiques business and you name it "Superior Antiques Group". You will need to file a fictitious business name for that name.

✔ Seller Permit

In WI you need a resale ID ( AKA seller's permit) if you selling touchable items. (A.K.A state id, wholesale, resale, reseller certificate, about $39 for most states).
Seller's Permit

✔ Federal EIN

Note: All businesses need a federal tax ID number except sole proprietors that are not employers and are not independent contractors.
An independent contractor is a self employed business person that receives more than $600 per year from anyone of his or her clients.
IRS rule: The client must issue a 1099 form to the independent contractor and the independent contractor must have a federal tax ID. However, even sole owners may obtain a federal ID and use it as a business tax ID instead of using their own social security number as a business tax ID number.
However, all other licenses that apply to sole proprietors as discussed here are requited regardless of getting a federal tax ID number.

✔ State EIN

In addition you will need a federal and a state EIN if you will hire employees. I.e., a WI Federal Tax Id Number ($29) and a(n) WI State Employer Tax Number

✔ L L C

Instead of filing a fictitious business name DBA Filing (about $49 plus state and legal newspaper publication fees) in Oconomowoc, Incorporate in WI or form a(n) WI LLC .

You have a choice to file a DBA or form an LLC or incorporate. If you will do business under your first and last legal name you will not need to get a fictitious business name.
Also note that even using your first and last name may not help you avoid filing a DBA if the name has a suffix such as "& sons" etc.

✔ Incorporation

If you do form an Retail Trade llc or incorporate (about $49 plus state fees for most states) your Antiques business instead of just filing a fictitious business name (dba), that insurs that you don't have personal liability for debts and civile liabililty arising from your business dealings and you will not have to record the Oconomowoc business name. In lieu of recording a Waukesha County trade company name (our filing service fee includes trade name registration and newspaper legal publication for 4 weeks) you can also form a corporation in WI or form an WI LLC (starts @ $49 plus state fee for most states & includes required documents such as bylaws for the corporation and Limited Liability operating agreement for the LLC). .

Free Seller's Permit