ScentsandMore Posted September 16, 2008 Share Posted September 16, 2008 can I use a different name on my product? For instance, my tax id # is in the name of Scents & More, I call my candle line _____ Candles and bath and body line I would call something different or does everything have to be called the same thing or do I have to file each name with the tax office? Thank you. Quote Link to comment Share on other sites More sharing options...
islandgirl Posted September 16, 2008 Share Posted September 16, 2008 Mine are all the same.. Easier to remember that way for me.. :rolleyes2Why wouldn't you keep them all the same name anyways???Are you going to be running them as 2 separate business??It might be easier at tax time if your Candle and B&B are all registered under one name.. (I would think) Probably cheaper to file your taxes as one business instead of two!!! Quote Link to comment Share on other sites More sharing options...
southern.scents Posted September 16, 2008 Share Posted September 16, 2008 My tax ID is setup in my name so I can legally run any businesses under I would like. You might try that. Quote Link to comment Share on other sites More sharing options...
soapmom25 Posted September 16, 2008 Share Posted September 16, 2008 I can only speak for what I did/do, so to be 100% sure you should ask your accountant. Our tax ID is in the name of the original/parent company that we set up years ago. We have an LLC in a different name because by the time we got to that point, the LLC for the tax ID name was already taken. Our business owned 6 websites ~ all different names and URL's. None of this mattered one bit. Our bank account is in the name of the original company, our merchant account is in the name of the LLC ~ again, doesn't matter. We record everything accurately, report it honestly, and have never had a minute's trouble with anything. Quote Link to comment Share on other sites More sharing options...
socoolsoap Posted September 23, 2008 Share Posted September 23, 2008 This would be known as a DBA, doing business as. I would register your dba as we have done with ours under your LLC, Inc or whatever you have. You can still use the same tax id#. Quote Link to comment Share on other sites More sharing options...
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