DISCLAIMER:

This course is for educational purposes only. It is not intended as legal or accounting advice. As always, consult with your business attorney or CPA about your specific questions and circumstances.

PREREQUISITES:

This module assumes that you already have the following:

• A business registered with the Secretary of State of Montana
• An EIN issued by the IRS
• A business bank account

Be sure you have these three things first. If not, go get them and come back here when you are ready.

INFO REQUIRED FOR COURSE:

Most of this is obvious and available to the small business owner setting this up for themselves. If you are a service provider helping your client, be sure to gather this information before you get started.

• Formal business name and address (Per EIN Letter and/or Secretary of State)
• Business owner contact info including names, address, email, phone, dob, social security numbers, and percent ownership
• Business operation information such as industry, products and services offered, and estimated payroll
• Business bank account details (account type, routing number, and account number)

QUICK TIP:

Give yourself at least 4 weeks or longer to get fully set up since you'll be waiting for pieces through the mail from the government during a few different steps.