When you are thinking about the ideal place to locate your business, there are multiple things to consider. Undoubtedly, you will want to choose a place where the cost of doing business is relatively low. Taxes, transportation expenses and other significant costs can eat into your bottom line. In the CNBC America’s Top States for Business 2016, Indiana ranked #1 in the “Cost of Doing Business” category. This state has scheduled their corporate income tax rate to decrease each year until it reaches 4.9% by 2021.
Although you may associate the Hoosier state with auto racing and basketball, a variety of industries from aerospace to energy to logistics and transportation operate within its borders. Indiana has easy access to three major Interstate highways for ease of shipping. Indiana is a Right to Work state, so employees do not have to join a union to work.
Before you can open a new business in Indiana, you will have to obtain a Federal Tax ID/Employer Identification Number (EIN.) GovDocFiling can smooth the way for this often thorny process.
There is a Better Way
You can struggle with Internal Revenue Service forms to get your Federal Tax ID number, wait days for answers to your questions and perhaps weeks to receive your number. However, if you apply online with GovDocFiling, they can take the sting out of getting that EIN you need to file your business taxes, hire employees, open business bank accounts and apply for business loans.
Apply for a Federal Tax ID in Indiana
When starting your own business, keeping costs low and processes efficient tend to be at the top of the list. Learning how to become a LLC in Indiana can be overwhelming as you try to understanding the benefits of a LLC in Indiana as well as how to register. GovDocFiling can help you with registering your business and will ease your way to opening your doors.
Indiana is an ideal place to locate your business as it is ranked in the top 15 states by CNBC for America’s Top States for Business in 2017. Many aspects including infrastructure, skills of the labor market and ease of entry into the market place determine the rankings. One vital piece of opening your business in Indiana is that all new businesses must have a Federal Tax ID/Employer Identification Number (EIN) before operating. This process can sound intimidating, but that’s what GovDocFiling is for so that you can quickly get set up online without any extra hassle.
Simplify Your New LLC Set Up Now
Setting up your Indiana Tax ID can be easy. Simply visit GovDocFiling and enter your information. Specialists will review the information and file all of the paperwork for you. Be sure to have one of the LLC members apply for an EIN with the IRS.
Learning how to become an LLC in Indiana can be as easy as clicking a button. Once your information is submitted, you can review the key benefits of owning a LLC such as, pass-through tax, minimal compliance requirements, and very few restrictions on how many members there can be in a LLC.
Understanding the details of registering for an EIN properly is easy with GovDocFiling. While the paperwork can be done by any of the LLC members, it can be an extensive process. That is why our experts submit the details to the IRS for you for the fastest and most accurate results. For easy and painless EIN registration, choose GovDocFiling.
Once you’ve made the commitment to open your business, let GovDocFiling help jump start your new endeavor with their easy three-step online application and processing. If you are not sure which form to file, they have a simple survey to pinpoint your best choice. Click here and in most cases, your Federal Tax ID number will be emailed to you one hour* after you’ve completed the online form. It doesn’t get much easier than that.
*Most EINs are processed same or next business day, unless bundled with state formations, processing times will vary.