Getting A Resale License

Getting a resale Tax ID can be a very easy process, though rules vary depending on the state, county, and city you reside in. Depending on the size of your business, you may not even have to get the license. Contact your local state office or county courthouse and apply. Tell them about the plans you have for your business and they will tell you about the guidelines.

The Most Common Guidelines

1. Contact the IRS and get a self-employed Tax ID

Being self-employed registers you on a federal and state level. You can contact the IRS through http://www.irs.gov or by calling (800) 829-1040.

2. Obtain a Resellers License

Most professional wholesalers require you have a Tax ID, if not they won't take an order from you. Your Social Security Number can also be used as a Tax ID depending on how you setup your business and your location. Most of the time you get your reseller tax ID with your reseller license. Companies use your reseller ID to report how much you are buying and who you are buying from. You can get form's by mail if you don't want to drive to your county courthouse. Call and they should be able to send them to you. The phone number is listed in the Government section of your phone book under City Government and call the Auditor's Office.

3. Get a DBA Name

A DBA name is a (doing business as) name this can be used or you can use just your name. You can register that at http://www.SBA.gov. Also, check with the Small Business Administration for law's that apply to your type of business.

Last but not least

Report you taxes go to http://www.irs.gov to find out how you should report taxes for your business structure...