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Old 07-23-2009, 12:49
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ThreeBlessingsBowtique ThreeBlessingsBowtique is offline
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Default Re: Tell me about tax ids and such

Originally Posted by devilicious View Post
For me, I never made bows as a hobby. I wanted my own business right from the start. (I used to make and sell them when I was younger.) As soon as I decided that, I went online and applied for an EIN (Employer ID Number) which I am pretty sure is the same as a tax ID. My main reason was so that I could purchase large quantities of supplies at wholesale prices. To start up, I used extra money that I had to stock up on ribbons, clips and headbands. I still have to make that money back though! Unfortunately, I have not had much time lately to devote to my business or to promote it correctly. Definitely get the tax id number. It costs nothing to do so.
The tax id number is $187
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