Denzel is checking his state’s government website regarding applying for a tax ID number for his business. What would be the determining factor for obtaining a tax ID number or employer identification number (1 point) Responses Professional representation Professional representation Legal capacity Legal capacity Structure of business ownership Structure of business ownership Contractual obligation
The determining factor for obtaining a tax ID number or employer identification number (EIN) is the structure of business ownership.
The determining factor for obtaining a tax ID number or employer identification number (EIN) would be the structure of business ownership. To get the answer, Denzel should refer to his state's government website and look for information on the requirements for obtaining a tax ID number or EIN. The website should provide specific guidelines based on the type of business ownership structure (such as sole proprietorship, partnership, corporation, or LLC) and the associated tax obligations. Denzel should go through the guidelines and determine the specific requirements applicable to his business structure for obtaining a tax ID number or EIN.
