[pianotech] business license?

[Mike Spalding]

William,

I've been careful to not speak of a business license, because that's not 
what I have.  The original poster about business licenses asked what 
others' experience had been, so I posted about the Wisconsin Seller's 
Permit.  I guess I should have clarified by stating "I don't have a 
business license, but I do have ...."   To my way of thinking, unless it 
says "Business License" across the top, it isn't a business license.  
Others' thought processes may vary...

Mike

On 6/4/2011 7:38 AM, William Monroe wrote:
> Hi Mike,
>
> Yes, I have a Seller's Permit as well.  That is the State TIN that I 
> have to carry as well.  So when you speak of a business license, you 
> are referring to your Seller's Permit?  I never equated the two.  So 
> in this case it appears we may be referring to the same thing in WI - 
> a Seller's Permit.
>
> William R. Monroe
>
>
>
> On Sat, Jun 4, 2011 at 6:55 AM, Mike Spalding 
> <mike.spalding1 at frontier.com <mailto:mike.spalding1 at frontier.com>> wrote:
>
>     On 6/3/2011 9:57 PM, William Monroe wrote:
>     SNIP
>
>          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
>
>     William,
>
>     I'm a sole proprietor in Wis.  The piece of paper I'm required to
>     keep current is called a Seller's Permit.  It costs $10 for 2
>     years, renewable forever.  When I applied for it, way back in the
>     beginning of time, the state assigned me a Seller's Permit Number,
>     which is my identification number for filing my state _sales_ tax
>     returns.  It is separate from my federal EIN, which identifies me
>     for filing of both state and federal _income_ tax returns.
>
>     Mike
>
>
>
>