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What is a business tax reciept and ficticious name and where do I get them?

I went to the bank to open a checking account for my fledgling business, and was informed I needed the above to open a business account, but the bank would not tell me how to go about getting them?....Help?

Replies to This Discussion

Permalink Reply by Jana Raines on October 26, 2009 at 1:39pm

Hi Ruth,
Depending what state you are in, you should be able to apply for a business license on line through your State Dept. of Licensing. The license will give you your tax number and when you open the account, the opportunity to name your business. It does not necessarily have to be ficticious, ie "Healing Hands Massage". You can just name it after yourself ie "Ruth M Schopper-Hughes LMP".
Hope that is helpful and best of luck to you in your new indeavor!
Jana

Permalink Reply by Mike Hinkle on October 26, 2009 at 1:56pm

Some states allow you to do a DBA (Doing Business As), all you do is put a blip in your local newspaper and some will allow you to even use your SS# as your tax number. Most states differ. Check with therapists that are in your area to get specifics.

Permalink Reply by Charles D. Stone, LMT on October 27, 2009 at 3:43pm

Thanks for the info

Mike Hinkle said:

Some states allow you to do a DBA (Doing Business As), all you do is put a blip in your local newspaper and some will allow you to even use your SS# as your tax number. Most states differ. Check with therapists that are in your area to get specifics.

Permalink Reply by Darcy Neibaur on October 28, 2009 at 9:43pm

Ruth my tax ID number is my Social Security number and my business name is named after me, Darcell Neibaur Enterprises. I have a business license in two counties here in Pensacola, FL.