I hope you can help. Please point me in the right direction to find this information as I want to set up a new business in Hawaii, for now; I am setting one up with my company in the UK.
Note: The information that I found is different. The main difference is that it advises looking at your client’s tax returns to obtain your corporation’s tax ID number.
[United States Internal Revenue Service]
For example, suppose an individual has income from various sources (including wages, interest, and dividends). In that case, it may be best to file separate returns for each source of income or report some of the payment on a single return. In any event, taxpayers should know how much they must pay and whether they will have a refund or owe money. More people use e-file than paper filers, so they receive their taxes faster and can immediately get their refunds back on time. If you are e-filing your return, make sure you have set up direct deposit to receive it sooner!
You should follow these instructions to find your Hawaii corporation/foreign entity tax ID number.
To find your Hawaii corporation/foreign entity tax ID number, you should follow these instructions:
Your full-time or temporary (employee) employee must be offered the opportunity to choose between a voluntary payroll deduction for retirement savings and an employer match that is at least as great as the employer’s portion of the 12% social security tax, but in no case less than 1%. The employer matches an employee’s contribution from his funds. In all cases, the gifts are treated as if made by the employee and not by your company. Contributions to a qualified plan are deductible from gross income in the year paid and are not subject to withholding or payroll tax. Social Security Tax: The 1998 law has been adjusted to cover those covered by federal retirement plans such as 401(k) plans, profit-sharing plans, simplified employee pension plans, and similar arrangements where employees may make salary deferral increases each pay period up to certain limits (known as catch-up contributions). These catch-up provisions apply only to employees covered under a plan before 1998. A person is considered covered under a plan if he was eligible to receive payments under the plan before becoming a qualified individual in 1998; or if he became eligible for coverage after 1998 but became covered 15 days before December 31, 1997, or if he became eligible after December 31, 1997, but was nevertheless covered on January 1, 1998. Social Security Benefits Increase: Effective January 1, 1999, until December 31 of 2000 – For single individuals age 66 with self-employment income equal to six times their primary insurance amount ($16,920), there will be no additional FICA tax on benefits received for having attained age 65 before December 31 of 1996 ($1720). For married couples filing jointly where both spouses have reached age 65 before December 31 of 1996 ($2340), there will be no additional FICA tax on benefits received for reaching age 65 before December 31 of 1996 ($2340). This benefit does not apply if either