Step 4: File Tax and Employer Identification Records
There are several agencies on a state and federal level that administer taxes to businesses in the State of California. It is vital that all necessary tax information is collected in order to help prevent any mishaps with government in the future.
Franchise Tax Board
The California Franchise Tax Board administers franchise, corporate, and personal taxes for the State of California
State Board of Equalization
The California State Board of Equalization issues seller's permits as well as being responsible for the administration and collection of the state's sales and use, fuel alcohol, tobacco, and other special taxes and fees. The California State Board of Equalization also plays a very significant role in in property tax assessment and administration.
Employee Development Department
The Employee Development Department is tasked with the regulation of franchises, securities, off-exchange commodities, investment and financial services, independent escrows, consumer and commercial finance lending, and residential mortgage lending.
California Tax Service Center
A website created by the State of California in order to provide business owners with tax assistance, including information about income, payroll, sales & use, and other taxes and fees for businesses.
Internal Revenue Services (IRS)
The IRS issues employer federal
identification numbers as well as being responsible for federal payroll and income taxes, such as social security, Medicare, federal unemployment insurance and federal income tax withholding.
- The Employer ID Numbers (EINs) page provides important information on applying for an EIN, making a change in the application of an EIN or canceling an EIN
- The Tax Information for Retirement Plans webpage provides information for the Retirement Plans Community, Benefits Practitioner, Plan Participant/Employee and Plans Sponsor/Employer.