[pianotech] business license?

[William Monroe]

I think what you wrote is an important distinction that often confuses the
issues.  My knowledge of business practices in WI is as an S-Corp, I can't
speak to LLC's or Sole Proprieters.  But from my perspective, WI is a
"no-license" state.  That doesn't mean "a complete lack of registration."  I
AM required to have a Federal EIN (tax number) and a State tax number.
 Those are the only two numbers used in filing any of my quarterly reports.
 And as I said, that may be because I'm an S-Corp.  I'd be interested to
know if Sole Proprieters have the option of acquiring a state TIN (EIN) vs.
having a business license under which they then file sales and income taxes
for the state.  As I wrote before, anyone can purchase a business license if
they WANT to, but, at least for an S-Corp, it is not required - perhaps
because it IS required to have Federal and State TIN's

William R. Monroe


SNIP

A concept I find hard to grasp is the complete lack of any registration or
> license requirement from any government entity within a state. A no-license
> state would open the door to fraud and tax evasion if the public didn't know
> the names of the business principals.
> Roger Gable
>
> ----- Original Message -----
> *From:* William Monroe <bill at a440piano.net>
> *To:* pianotech at ptg.org
> *Sent:* Friday, June 03, 2011 6:31 PM
> *Subject:* Re: [pianotech] business license?
>
> Yes, and......
>
> I'm in Wisconsin also, but don't have a business license.  When I went to
> Downtown Madison and inquired, I was told I could get one, but that it
> wasn't required.  I got one at the time, but it has since expired......
>
> I am an S-Corp, and have two ID numbers, one Federal, and one State, under
> which I file my Federal taxes and my State taxes, both Income and Sales and
> Use Taxes for the state.
>
> But I don't have a license.  FWIW.
>
> William R. Monroe
>
>
>
>
> On Fri, Jun 3, 2011 at 6:43 PM, David Porritt <dmporritt at gmail.com> wrote:
>
>> Roger:
>>
>> Texas has had sales tax forever but until October 2, 1984 there was no
>> sales
>> tax on labor.  I called the state when I first started in business here
>> (1973) and was told not to get a sales tax number unless I planned to sell
>> things.  The man on the phone said that if I sold a piano bench to put it
>> down as labor.  He said, they didn't want to be bothered with businesses
>> that would send them $10.00 a quarter.  After 1984 when labor charges had
>> to
>> add sales tax, I had to get a sales tax number and file returns.  That's
>> still the only state requirement.
>>
>> Each state is unique with respect to business licenses, permits etc.
>>
>> dave
>>
>>


-- 
William R. Monroe, RPT
A440-William R. Monroe Piano Services, Inc.
314 E. Church St.
Belleville, WI 53508
608-215-3250
www.a440piano.net
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