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Small Business Tax ID's, seperate accounts

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sheehan

Junior Member
I have been running a cleaning business for over 10 years now, North Shore Maids. This year I just opened a new office under a new business name North Shore Clean, which focuses on office cleaning and full janitiorial services. North Shore Maids has been providing mostly Residential Cleaning Services. My question is.. can I run both of these business under only 1 tax id and one bank account, etc. as to simplify things and save money? I'm running both businesses and they are now both doing successfully. I have not had any income until recently with North Shore Clean, but now I want both of these companies to operate as one basically, but not losing the names. They are not incorporated or anything, just run as a dba.
 


Antigone*

Senior Member
I have been running a cleaning business for over 10 years now, North Shore Maids. This year I just opened a new office under a new business name North Shore Clean, which focuses on office cleaning and full janitiorial services. North Shore Maids has been providing mostly Residential Cleaning Services. My question is.. can I run both of these business under only 1 tax id and one bank account, etc. as to simplify things and save money? I'm running both businesses and they are now both doing successfully. I have not had any income until recently with North Shore Clean, but now I want both of these companies to operate as one basically, but not losing the names. They are not incorporated or anything, just run as a dba.
US law Only
 

FlyingRon

Senior Member
Federally, operating with a fictitious name for your self, you could just use your SSN. You certainly don't need separate tax id's for different dbas referring to the same entity (though nothing prevents you from doing that). Are you the one in Danvers/Beverly. Both appear to drive a fleet of vans with the names photoshopped onto them.
 
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