Going through Tennessee business registration is easier than ever, but it is still a very involved process. New business owners have a plethora of forms to complete, regardless of your entity’s designation, and the government website does not make it any easier. To make it simpler, we’ll walk you through some of the most important parts of Tennessee business registration.
A Guide to Tennessee Business Registration
To start your Tennessee business registration, you will need to choose your business entity type. You can do this online through the Tennessee Secretary of State website. This will set you on a course provided by the website. You’ll be able to specify your business’s name, the type, and any relevant details. This is also where you will fill out the address, agent, and confirmation.
As a business, you will also need to secure a business account and set up your Federal Employer Identification Number. Then, you should research and secure the licenses you may need to operate your business. Getting this out of the way early in the process is an excellent way to ensure you can start your business when you want. You won’t be waiting for licensing to come through before opening your doors.
Purchase a Tennessee Payroll Software Now
If you’re in the midst of Tennessee business registration, nailing down an accounting strategy might not be on the top of your to-do list. In most cases, neither will Tennessee new hire reporting. That said, you should start thinking about this now, even if you don’t make the purchase just yet. Investing in accounting software as you’re getting a business off the ground is a great way to ensure you have all the information you need come filing season. Plus, when it’s time to hire that first employee or calculate withholding, you’ll already have a system in place.
AMS Payroll ($129) is an excellent option for new business owners. The software can print up to 30 types of checks, facilitate direct deposit processing, and import or export data from and to a variety of sources. More than that, the software is a semi-automated tax filing software, which means you can submit payroll taxes directly through the tool. AMS Payroll also hosts payroll and employee data in a back-end data feature. It is important to keep track of this information early on in your business, and this is a great and affordable way to do it.
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Once you’ve figured out your Tennessee business registration, you can look forward to advanced form filing needs, like making a claim for adjustment or refund with TN-0459. Don’t worry – AMS Payroll can help with that one, too.
Getting Started with AMS
If you’re not ready to put down money on accounting software, we understand. After all, it can be expensive to start a small business. To make you feel more confident in your purchase, we’ve made our software available online as a free demo download. If you like the tool, you can make your purchase at any time and from anywhere. If you decide it’s not time yet, you don’t have to worry about spending any money.