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Employer Identification Number

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When doing business within the United States, a federal requirement necessitates all employers who have employees, to be assigned an Employer Identification Number (EIN) also known as a Federal Tax Identification Number from the United States Internal Revenue Service. This number will be acquired by filing Form SS-4, which is an IRS application for an employee identification number. Additionally, since we will be doing business in Texas, the state imposes a state sales tax on all of our retail sales. The current state sales and use tax is 6.25%. In order to collect and pay this tax, our company will file for a sales tax permit from the Texas Comptroller of Public Accounts. Local taxing jurisdictions (cities & counties in particular) may also …show more content…

It must also undergo a drainage air test and an inspection must be performed on all back flow prevention devices. We will also file an additional permit under the International Mechanical Code in order to perform our modifications and repairs to the building. Furthermore, under the International Energy Conservation Code, we will seek an exception to this code with the proper installation of qualifying insulation. We will also ask a third party independent from the installer to inspect the air barrier and insulation as required by the code. According to this code, we will be required to report to the city, the types of heating, cooling, and service water heating equipment and their efficiencies.
In regards to the Fire Prevention Code, the entire building will remain within a one hundred fifty foot arc from a fire hydrant. All curbs will be painted red with a four inch (4”) white lettering stating “FIRE LANE – NO PARKING –TOW AWAY ZONE”. Wording will not be spaced more than fifteen feet apart. We will have to instruct our manager that no one can abandon or close the fire lanes without written permission of the Fire Official of the City of College Station. Not doing so, will risk any officer issuing a citations for any motor vehicle, trailer, or boat found parked, unattended in the fire …show more content…

However, since our building does have an alarm system, the City Ordinance # 1837 requires three local emergency contacts to be on file with the Police Department who are required to respond when contacted within 30 minutes. Failure to comply with this ordinance can result in a fine, therefore names and cell phone number of our manager will be provided to the local PD to avoid any unnecessary costs to the company.
Since we are purchasing a previously existing building, the Certificate of Occupancy issued by the City of College Station to the previous owner will be transferred to our company. This certificate will insure that all codes and inspection are up to date for this building. Additionally, we will ensure that we have the proper zoning permits that allow for the commercial/retail type of activity that we will be conducting. These permits are issued by the city as authorized by Local Government Code 211.007.
In regards to our employees, our company will not provide worker’s compensation insurance coverage since it is not required in Texas. Therefore as a “non-subscriber” we will be notifying our employees that it is not available at this workplace, and we will post in a prominent place, the proper telephone number to the Safety Violations Hotline for reporting unsafe work

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