Check whatever paperwork you received from the state when you registered your firm to find your Idaho state tax ID number in the first place. This includes your business license and any previous tax documents that you may have submitted. These documents should include your state tax ID number.
You can get in touch with the Idaho State Tax Commission if you are unable to find your state tax identification number in your own records. Your state tax ID number and any other details you might require for tax filing will be available from them.
The person or entity that runs the business is the legal entity, not the DBA (Doing Business As). Therefore, a DBA is not required to have a separate bank account. But for accounting and tax reasons, it is advised that a company using a DBA have a separate bank account.
No, two firms in the same state cannot share the same DBA name. A DBA name is a name that a company employs to conduct business and which differs from the company’s legal name. Although each state has its own requirements for DBA names, generally speaking, a DBA name needs to be distinctive within the state.
My DBA Is It Safe? A DBA does not offer legal defense for a company. Even if you run a business under a DBA, you are still personally responsible for any debts or legal troubles the company may have. It is advised that you create a legal body, such as an LLC or corporation, to safeguard your company. How Much Tax Am I Owed on My ABN?
Australian Business Numbers, or ABNs, serve as distinctive identifiers for firms there. Your revenue and the type of business you run will determine how much tax you must pay on your ABN. To figure out how much tax you will owe on your ABN, it is advised that you speak with a tax expert.