Licenses and Taxes

It’s all becoming so real this week. Building my website. Setting up PayPal and stripe. Buying licenses and tax permits. It’s really happening. I learned so much about business licenses in the state of Iowa and I am posting it all here so that I will be able to find the links again in the future.

Iowa does not have a general business license and I do have to pay taxes.
http://www.iasourcelink.com/regulatory/business-license-homehttps://www.taxjar.com/states/iowa-sales-tax-online/#do-you-have-sales-tax-nexus-in-iowa

I am starting off as a proprietary or partnership, so I simply register my business name with the county recorders office and register for a sales tax permit. If I ever hire employees I will need to obtain and EIN.
County Recorders trade name registration – https://www.polkcountyiowa.gov/recorder/departments/real-estate-dept/trade-names/
Sales tax – https://tax.iowa.gov/iowa-sales-and-use-tax-guide
EIN – https://sa.www4.irs.gov/modiein/individual/index.jsp

However, I am considering starting an LLC sometime in the future… An LLC is required to register with the Iowa Secretary of State by submitting a Certificate of Organization. I also need to register for a sales tax permit and I must obtain an EIN.

Iowa Secretary of State/ certificate of organization – https://sos.iowa.gov/business/FormsAndFees.html#DLLC489

I was really hoping to have products up on my site by now, but there has been so much “behind the scenes” work that I haven’t had time to get product ready. I should be able to get some done this week and ready to place on the website.

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