Business Tax Application
June 2nd, 2010
Question: Do I need a new Tax Registration?
I am currently employed and is setting up a new small business. Its registered as Single Propriety. I already have a TIN. I understand I can’t have two TINs so do I need to declare my current TIN and register this new business as another source of income. I am a bit confused fillinf out the Tax Application Form since its for Self employed and Mixed Income Individual and not the usual one I filled in the office. Thanks in advance.
Answer: Since you already have TIN, you don’t have to apply for a new one. But you have to register that new business of your together with you TIN.
And I think from it they will just add a digit to make it’s TIN a little unique than what you originally have.
I don’t really know much about taxes but I know one thing for sure, a Taxpayer is not allowed to have more than “ONE” TIN, that’s against the law.
Tax Credit Workshops Are Today At Jackson?Center
The appearance of the area’s historic landmarks can get an extra boost from the state of New York. The Robert H. Jackson Center will host two workshops today explaining how owners of older commercial and residential structures alike can benefit from a New York state tax credit for repairs and reinvestment. An afternoon workshop, from 2:30 to 4:30 p.m.
Taxes – Crushing Small Businesses?
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