How do I file a DBA in Collin County Texas?
How do I file a DBA in Collin County Texas?
General InformationAssumed Names must be filed in the County Clerk’s main office located in the Jack Hatchell Administration Building, 2300 Bloomdale Road, Suite 2106 in McKinney.If you have partners in an unincorporated business, each person must be present to sign the Assumed Name document at the time of filing.
How much does it cost to get a DBA in Texas?
The filing fee to register an Assumed Name (DBA) for sole proprietorships and partnerships in Texas varies by county. Usually, the fee is about $15 per county. Corporations & LLCs will pay $25 to register with the Texas Secretary of State. The registration is valid for 10 years and can be renewed.
Do I need a EIN for my DBA?
If your company is a partnership or corporation, the IRS requires you to obtain an EIN, whether you are operating as a DBA or not. LLCs are not recognized by the IRS as business entities for tax purposes. Instead, your LLC must choose whether to file taxes as a corporation, partnership, or sole proprietorship.
Do I need a new EIN if I move my LLC to another state?
Your EIN is used by the IRS for federal tax purposes. Although usually only one EIN is necessary no matter what state you move to, there are two instances in which a new EIN is required: If you create a Limited Liability Company (LLC) in a new state. If you plan on starting a new, separate business in a new state.
What happens if you don’t publish your DBA?
Failure to meet your state’s publishing requirements can result in your DBA being revoked, fines, or a suspension or revocation of your business license. Thankfully, most states do not have this requirement.
