The Small Business Tax Help Blog

Posts Tagged ‘social’

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Question: EIN number discrepancy?

I recently got a new debit card for my business, but when I tried to activate it the bank said my Federal Employment Identification is incorrect. I double checked and compared it with the original forms from the IRS, and the number is identical.

I also was just notified that one of my jobs will not pay until I give them my correct number. What would cause a discrepancy like this?

Answer: You needed this number at your bank – check with them to see what they have

If you file payroll taxes – look on that form to see what the EIN is on the form

Call IRS locally and ask them what the correct number may be – they will tell you.

Local nonprofits at risk of losing status

Attention “Silverado Singles,” “Praise Filled Ministries,” and“Camp Me and My Family.”

My Redeemer Lives – Team Hoyt

Question: Incorporation ?

I recently incorporated my part time business, I did it myself from my state website, Fl. I only paid $70, while other sites offered anywhere from 200-600. I now have questions, & now think I should have paid out the money for someone to do it for me. My question is, the state site never asked what type of Corporation I wanted to be, such as C or S. when I requested for My EIN Number it askes what forms do you want to file, and I said the 2553 to be an S corp, I did this over the phone, so my question is, do they automatically file this form for me, or do I need to do it myself, that part was never made clear. I assumed since it said file with, that it was something they would take care of with the filing of the EIN number. If this is something that I have to do, then I have a question about this form, it askes for the signature of the stockholder & their info., how do I get that info.? Also ordering a Corporate kit, w/bylaws & minutes, & stock certfiicates, do I need that?

Answer: All corporations start life as “C” corporations. As a benefit to small businesses, which meet certain criteria, the Internal Revenue Service allows them to apply (via form 2553) for “S” status. This means that the corporation will be taxed similarly to a partnership, with each shareholder reporting the profit or loss of the corporation on his personal tax return, in proportion to the percentage of shares he holds. This means that if there is a loss the shareholder can use it to offset his other tax obligations. If there is a profit it is taxed once, at the individual’s tax rate, rather than twice (a “C” corporation will pay a tax on profits and individual shareholders will be taxed again when those profits are distributed as dividends.) We can do S Corporation status election with IRS for $25.

You have to file the form 2553 yourself. Stockholders are shareholders. So if you own the corporation that is you and your address.

Corporate kit & bylaws. It helps you to be organized. More important than buying kit is to do the minutes from the shareholder and director meetings. You have to adopt bylaws, elect shareholders, etc. Link for free forms is included. Also included is links for S status info and full service for preparing the minutes for $25.

WCC FEATURE: Taking water to the Jordan (WCC media WCC FEATURE:)

A few days ago, I was handing out bottles of water within a few miles of Israel/Palestine=E2=80=99s only major river, the Jordan. The village of Al Fasayel lies in a desert landscape, a contrast to nearby Israeli settlements, which have access to almost unlimited water. Al Fasayel itself has not had water on tap for over seven weeks.

So ein ding – 24.03.2009 – Megapixel kameramobiler

Question: How can I find an ‘EIN’- (Employer ID No.) before receiving W2, and “w/out” calling co and asking for it?

Answer: Ask a coworker or person you know who worked for the company before. They may have a statement of earnings copy from previous years.

June 16, 1922: Ich Bin ein Berliner Helicopter

A father-and-son inventor team dazzle Navy brass with an aircraft that moves up, down and sideways.

Ein Stück vom Himmel

Question: Where would I be able to find EIN numbers.?

I would like EIN numbers for non profit and charitable busniess.

Answer: FeinSearch is the largest most comprehensive database for finding (EIN)Employer Identification numbers in the U.S.

NEWS SCAN: E coli outbreak, food safety report, TB treatment guide, chickenpox vaccine, H5N1 update

Arizona-grown lettuce may be source of E coli outbreak Romaine lettuce grown in the Yuma, Ariz., area may be the source of an Escherichia coli O145 outbreak that has sickened people in Michigan, Ohio, and New York, the Associated Press (AP) reported.

Pokemon Heart Gold / Soul Silver: How to find Articuno

Question: Anyone looking for their EIN #?

I have found this website to locate your EIN number if you have not yet received you W2 form and have your last pay stub. www.sunbiz.org then once in the site go to the drop box, click on coorporations trade marks…. ago from there! I know not all are there but it is helpful!!!! GL everyone with your return!!!!!

Answer: That only lists companies that have a physical presence in the state of Florida. Many large companies have multiple divisions and more than one EIN. If you don't use the correct EIN your return will not be accepted.

There are only 2 reliable sources for the correct EIN for tax filing. The first it your W2. The second is your employer's payroll department.

I've found several EINs for the company that I work for, none of which is the correct one for me.

MarksJarvis: Where to get free tax help

You don't have to struggle with your tax return if you don't make much money.

John Mayer - Your Body Is A Wonderland (with Lyrics)