When is a federal tax ID required?

Answer A federal tax identification number is a number issued by the Internal Revenue Service (IRS) to identify a business. If a business has employees, files a tax return, withholds taxes on income, is i... Read More »

Top Q&A For: When is a federal tax ID required

What Federal Tax Returns Are Required for LLC?

A limited liability company, or LLC, is a state statute--created business entity. The LLC structure is popular among businesses because it provides limited personal liability for the debts and acti... Read More »

Who is not required to file federal tax?

Although most people file a tax return, current tax codes do not require this in every circumstance. Forgoing filing a return may save you time and stress if you are not required to file, but you c... Read More »

Who is required to file federal income tax?

Citizens of the United States are required to pay income tax if they: earned approximately more than $400 in self employment income, are entitled to a tax refund or earned income credit, sold a hom... Read More »

Are federal employment posters required?

Many federal employment posters are required to be posted in places of work. Each workplace has different requirements, depending on the business and type of employees. The U.S. government provides... Read More »