What is the name of your state? OREGON
Hello,
Just a quick thread - thanks to anyone that answers for their time! The questions are simple - I have researched before posting though - just needing a clear, definitive answer from someone with the knowledge.
My partner and I are starting a home based business (contract home loan underwriting) - After I register our business name, acquire city business license & Home occupation permit - is that all I need to do?
There are no employees - only he and I. My main questions are:
Do we need an EIN?
Do we need to become an LLC, partnership etc.,?
Or for something as simple as what we are doing - are we ok with only the city biz license?
Thank you again for your time and help! Much appreciated!
Hello,
Just a quick thread - thanks to anyone that answers for their time! The questions are simple - I have researched before posting though - just needing a clear, definitive answer from someone with the knowledge.
My partner and I are starting a home based business (contract home loan underwriting) - After I register our business name, acquire city business license & Home occupation permit - is that all I need to do?
There are no employees - only he and I. My main questions are:
Do we need an EIN?
Do we need to become an LLC, partnership etc.,?
Or for something as simple as what we are doing - are we ok with only the city biz license?
Thank you again for your time and help! Much appreciated!