Blank page

Starting a(n) Plumbing Business Licenses & Tax IDs

Hi, I'm Gerald Wayne Judy 29470 Plumbing I have a State of SC plumbing and general contractor license, I just need to know if I am covered to perform maintenance and service related work for lift stations plumber with a website. I will buy parts.
Answer: Hi Gerald, here are the Licenses You Need to Start A Plumbing business In SC.

Firs..., Gerald Wayne Judy.

Hi, I'm State Unemployment Plumbing

I have a new plumbing business LLC with employees

, .

Plumbing

✔ Biz Structure

You can choose to be a(n) Plumbing :

Sole Proprietor,
LLC,
Corporation or
Partnership.
After you decide and select your business entity, you need licensing.

✔ Biz License

Ravenel Business Tax Registration ( PlumbingBusiness License)
All businesses including home, online or mobile BUSINESS need a BUSINESS license because they are BUSINESSES.

✔ DBA Biz Name

A(n) Plumbing business using a fictitious business name in Charleston County i.e. you are a business with a trade name other than the owner's legal (full name) name are required to get a(n) fictitious business name. For instance you open a(n) Plumbing business and you name it "Superior Plumbing Group". You will need to file a fictitious business name for that name.

✔ Seller Permit

In addition note that in SC Plumbing you may also need a seller's permit if you sell merchandise that is taxable. (A.K.A state id, wholesale, resale, reseller certificate, about $39 for most states). You will need it if you sell or want to buy wholesale any Plumbing related items, such as food, materials, or merchandise.
Seller's Permit

✔ Federal EIN

Note: All businesses need a federal tax ID number except sole proprietors that are not employers and are not independent contractors.
An independent contractor is a self employed business person that receives more than $600 per year from anyone of his or her clients.
IRS rule: The client must issue a 1099 form to the independent contractor and the independent contractor must have a federal tax ID. However, even sole owners may obtain a federal ID and use it as a business tax ID instead of using their own social security number as a business tax ID number.
However, all other licenses that apply to sole proprietors as discussed here are requited regardless of getting a federal tax ID number.

✔ State EIN

In addition you will need a federal and a state EIN if you will hire employees. I.e., a SC Federal Tax Id Number ($29) and a(n) SC State Employer Tax Number

✔ L L C

Instead of filing a fictitious business name DBA Filing (about $49 plus state and legal newspaper publication fees) in Ravenel, Incorporate in SC or form a(n) SC LLC .

You have a choice to file a DBA or form an LLC or incorporate. There is a cicrcumstance that you may not need to register a trade name and that is when you use your full name as a business name if you use your full legal name as a trade name.
Also note that even using your first and last name may not help you avoid filing a DBA if the name has a suffix such as "& sons" etc.

✔ Incorporation

If you do form an Other llc or incorporate (about $49 plus state fees for most states) your Plumbing business instead of just filing a fictitious business name (dba), it will help you avoid personal liability from wrongs arising from your business dealings and you will not have to file the Ravenel business name. Instead of just registering your Charleston County assumed business name (our fee includes assumed business name registration and legal newspaper publication) you can choose to setup a corporation in SC or form an SC LLC (starts @ $49 plus state fee for most states & includes required documents such as bylaws for the corporation and Limited Liability operating agreement for the LLC). .

Q: How to apply for a state tax ID? I will be doing general Construction work as Wagner electric in construction work.

A: The state tax ID you need is called a seller's permit to buy the construction materials and parts wholesale. Of course, all Construction businesses need to be identified either with a federal tax ID, except in the case of sole owner that the SS# of the owner is sole proprietorship.
So if the Construction business sells any Construction merchandise whether wholesale or retail or if it leases equipment, it will need a sales tax ID number.
Also, a Construction business will need the seller's permit to buy the Construction parts wholesale. On the other hand, there is another state tax ID that is called a state employer identification number that you can use if you are in the employer. Note that if you are an employer you will also need a federal tax ID.
All other Construction business entities, such as LLC, Corp., partnership, need a federal tax ID number to use as a business tax ID.
Partnerships will need a federal ID and a doing business as (DBA) filing to register the business name.
In addition, if the Construction business sells any Construction materials or equipment merchandise whether wholesale or retail, or if it leases equipment, it will need a sales tax ID number.
Also, a Construction business will need the seller's permit to buy the Construction parts wholesale. Furthermore, construction employers will need both a federal EIN and a state EIN.
Finally, if the Construction business uses a trade name, such as "Ultra Tech Super Construction General Construction Work," the name must be registered with an assumed business name certificate also called a DBA doing business as.
Note that since you have to select a Construction business structure, if you select to be an LLC or corporation you will not need to file an assumed business name.

I have a State of SC plumbing and general contractor license, I just need to know if I am covered to perform maintenance and service related work for lift stations plumber with a website. I will buy parts.

Answer: Hi Gerald, here are the Licenses You Need to Start A Plumbing Business In SC.

First, you need LLC, DBA, or Corporation, so you can register your business name "Lowcountry Tankless Water Heater Cleaning And Rrep," because it will help you open a business bank account and create letter heads and business stationary.

Second, You will need to buy your plumbing parts and items from wholesale tax-free and sell them retail (i.e., collecting sales tax). In both cases, you will need to obtain a seller's permit to buy wholesale and sell retail legally. The South Carolina (NC) state sales tax rate is currently six percent (6%).

Third, you need a business license and or a home occupation permit. If you are a home business, you may need just one or both of these. Issuance of a business license is based on gross receipts, personal property, employees and location.

Finally, If you hire Plumbing workers, you will need both a Federal EIN, and a State EIN as well. These are tax IDs you are required to obtain because you will need to withhold and pay employment and unemployment taxes to both the federal and the state government.

Legal Structure

The first thing to decide is what plumbing business entity structure to select.
There is a sole proprietor, a partnership or a corporation or LLC.

If you are the sole proprietor/owner, you will need a business license (business tax registration occupational business license).

Business Name Registration

If you also use a plumbing business name to do business, you also need a DBA (Doing Business As).

However, if you incorporate or form an LLC, you do not need to register your business name because the LLC name will be your business name.

Sales Tax Registration

If you sell any type of plumbing merchandise or item in small or large amounts, you will need a seller's permit (sales tax license). If you decide to hire help, you will need a federal EIN and a state employer ID.

Example:

Christian starts a plumbing business from home selling stuff on the internet.

He wants to buy plumbing stuff wholesale and then post them online and sell them in retail.

To buy wholesale, Christian will need to obtain a seller's permit.

The seller's permit includes a resale certificate that will sign and fax to the Plumbing wholesaler, so Christian can prove to the wholesaler that he has a seller's permit ID number that enables him to buy wholesale.

For instance, if a Christian buys 800 faucets for $2 each, he would have to pay $1,600 plus sales tax, but since he buys wholesale he does not have to pay the sales tax.

When Christian sells the faucets online, he will have to charge about 7% tax in most states and collect it to pay the government.

Not Sure? Take Quiz!

Ravenel Gerald Wayne Judy 3/24/2021 1:05 PM .

29470 Plumbing

Answer: Hi Gerald, here are the Licenses You Need to Start A Plumbing business In SC.

First, you need LLC, DBA, or Corporation, so you can register your business name "Lowcountry Tankless Water Heater Cleaning And Rrep," because it will help you open a business bank account and create letter heads and business stationary.

Second, You will need to buy your plumbing parts and items from wholesale tax-free and Sell them retail (i.e., collecting sales tax). In both cases, you will need to obtain a Seller's permit to buy wholesale and Sell retail legally. The South Carolina (NC) state sales tax rate is currently six percent (6%).

Third, you need a business license and or a home occupation permit. If you are a home business, you may need just one or both of these. Issuance of a business license is based on gross receipts, personal property, employees and location.

Finally, If you hire Plumbing workers, you will need both a Federal EIN, and a State EIN as well. These are tax IDs you are required to obtain because you will need to withhold and pay employment and unemployment taxes to both the federal and the state government.

Gerald Wayne JudyRavenel, SC.

29470

> Get Started

> Learn More...

Not Sure? Take Quiz!


29470

State Unemployment

Ca State Tax Id F

Starting A Buisness In Sd Llc

Starting A Buisness In Sd

Wi State Id Tax Number

> Get Started

> Learn More...