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Oplarev03292018OriginalOFFICE USE ONLY Amended Date137APPLICANT STATEMENT I, [print name] (the sole proprietor, partner, corporate principal or, LLC/LLP member) understand that the State Liquor Authority
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Obtain a business name and register it with the appropriate government agency.
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Obtain any necessary business licenses or permits.
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Obtain an Employer Identification Number (EIN) from the IRS.
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Set up a separate business bank account.
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Keep detailed records of income and expenses for tax purposes.
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File an annual Schedule C form with your personal tax return.
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Pay estimated quarterly taxes to the IRS.

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Individuals who are running a business on their own and do not have partners.
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Small business owners who want to keep their business structure simple and have full control over decision making.
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A sole proprietor partnership refers to a business structure where a single individual owns and operates the business.
The individual who owns and operates the sole proprietor partnership is required to file the necessary paperwork.
To fill out a sole proprietor partnership form, the individual must provide information about the business income and expenses.
The purpose of a sole proprietor partnership is to report the income and expenses of a business owned by a single individual.
The information that must be reported on a sole proprietor partnership form includes business income, expenses, and deductions.
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