One of the primary distinctions between a business license and a tax ID number is that of obligation. Some licenses are legal requirements while other licenses or a tax ID number may be optional. A ...

Kiah Treece is a former attorney, small business owner and personal finance coach with extensive experience in real estate and financing. Her focus is on demystifying debt to help consumers and ...

Q: I’m thinking about starting a professional contracting business, but I’m not sure what I need to do in terms of licensing and registration with my state. What types of business licenses might I ...

Wondering whether you need a business license? Our guide covers local, state and federal licenses. Many, or all, of the products featured on this page are from our advertising partners who compensate ...

A business license allows you to legally conduct business in your state, city or county. A tax identification number (or employer identification number) is used to identity your business for tax ...