Business Account Opening Guide

Summary

A town business certificate (DBA) is often needed to open a business bank account, but additional documents like an EIN and personal ID may be required. An LLC is not necessary for legal operation but offers liability protection. To get a TIN, apply for an EIN through the IRS online, by mail, fax, or phone.

Full Conversation

Do i need a llc to make it leagal or am i ok with this
Hey there! You don't necessarily need an LLC to operate a business legally. A town business certificate (DBA) allows you to conduct business under a different name without forming an LLC. However, forming an LLC provides personal liability protection.
Do you have any specific concerns about choosing between a DBA and an LLC?
How can i get a tin for my buisness
You can obtain a Taxpayer Identification Number (TIN) for your business by applying for an Employer Identification Number (EIN) through the IRS. Here’s how:
*. Online: The quickest and easiest way is to apply online through the IRS website.
*. Mail/Fax: You can fill out Form SS-* and send it via mail or fax to the IRS.
*. Phone: Call the IRS Business & Specialty Tax Line at *-*-* (for international applicants).
Do you need more details on any of these steps?