Online Business Tax Registration TN

Watch the video to learn about online business tax registration for your startup in Tennessee, after you’ve completed the initial step of registering your business with the Tennessee Department of State (https://www.sos.tn.gov).

The Tennessee state government is encouraging online business tax registration. If you are running your own business you will of course most likely be liable for some taxes. But most businesses are only required to pay two or three different types of taxes. You will definitely have to pay the Franchise and Excise tax and will probably also have to pay the Business Tax. If you are selling anything that you charge sales tax for you will also have to pay Sales and Use Tax.

Certain types of businesses, for example accountants, doctors, attorneys, banks,educational research agencies, engineers, anybody in medical fields,surveying, vet services, are exempt from this tax, but pretty much everyone else does have to pay it.

There are several different classes you may register under depending on what your business is. The most common class is Class Three which covers many business types. Class Four covers businesses dealing with construction, extermination, surveying, repairs or maintenance.

After you’ve completed your online tax registration, the Department of Revenue will send you your business tax numbers by mail. Once you get these, you can take them to your county clerk’s office. In Nashville it’s in the Howard School Building. You’ll need to also bring a picture ID, a check or debit card or something because you have to pay a small fee to get your business license. To keep your business license active, you’ll just have to refile your tax returns each year. These are also due April 15 of the following you’re just like your revenue taxes and just like your personal taxes.