DBA for web programming adding Retail sales

[drewex]

Hello all from southern california,

I have a DBA for past 3 years which is all on my own ssn since i wasnt going to hire anyone to work with me.(also i do use my personal ssn on my full time job) Now im adding a retail service over the same business i am going to sell products over a kiosk at a mall. I do plan to hire people so i got FIN (Federal tax id) Now do i need to get my business info updated. I already have seller permit number over my personal ssn and business license over my personal ssn. Do i need all these updated to my new FIN or can i just leave them alone. Also how does this affect my tax payments, normally i would get a 1099 and w2, since its a retail i need to do it every 3 months is it going to be just the retail tax? Confusing stuff for a new beginner.

 

[Some Random Guy]

You need to examine how your business will be organized - sole proprietor, LLC, corporation. They each have their benefits and costs.

Since you now have to worry about payroll taxes, sales taxes, kiosk space rental agreements, you should get a local accountant with retail customer experience. Paying for advice up front is far better than having the state assessing penalties for late or misfiled sales tax payments.