What is a Quay Tax Id Number?
It is a number issued by a government agency when you have to pay taxes to the government. For example, employers pay employment taxes, corporations pay corporate taxes, retailers and wholesalers pay sales tax if they collect it from buyers of goods. A federal tax id is used for employers and corporations, a state employer tax id is used for employers, a Quay Sales State Tax Id is used by wholesalers or retailers of taxable tangible items, a Business tax registration tax id number is used for any business and it is issued by the state, county or local government. A business tax registration is also called a business license. • If you want to protect your personal assets, you might consider incorporating in New Mexico, or better yet form a New Mexico LLC .
