The Small Business Tax Help Blog

Posts Tagged ‘EIN’

Question: Can an S-CORP have more than one EIN? Is it possible to apply for / request a second EIN?

We’re a 2 man partnership S-CORP trying to separate some of our business interests and would like to have a second EIN. Can we do that without forming another company?

Answer: Corporations can have subsidiaries as well as various operating entities with a simple DBA fictitious name filing.

The year-end tax accounting can get difficult but every operating entity can have its own EIN.

COTR Refresher Course (17&18 March) Washington DC Area

Special 2-Day COTR Refresher Course for 16 CLP credit hours will be taught at the Northern Va. Center Commuter Campus on 17 & 18 March 2011 from 8 am to 4pm for the Price of $375 (discounts available see below). (PRWeb January 21, 2011) Read the full story at http://www.prweb.com/releases/2011/01/prweb4985594.htm

Nicht so lustig, aber EIN Request

BUSINESS WIRE: Spectral Capital ernennt Stephen Spalding zum Chief Financial Officer

MITTEILUNG UEBERMITTELT VON BUSINESS WIRE. FUER DEN INHALT IST ALLEIN DAS BERICHTENDE UNTERNEHMEN VERANTWORTLICH.

Ein Colt für alle Fälle S0101 Die Reise nach Arizona (7v.7).

How To Get An EIN / Tax Id Number

Question: Filling out W9 as a Single Member LLC?

I have a question about how to correctly fill out the US Federal W9 form as a Single Member LLC. I have an EIN for the LLC, and I would like to provide that on the form instead of my personal SSN, which I thought was correct. However, the W9 instructions seem to state that as a disregarded entity, I should put my personal SSN. Is it okay for me to provide the EIN? Will the IRS figure it out? I’d much rather give out the EIN than my personal SSN.

Answer: Form W9 ask you to check the box to identify the type of entity. One of those choices is LLC.

There you have it. Just be certain the taxpayer is the business name, not you name personally.

Piece a cake.

Ways to Wealth: What to do if your former employer fails to send your W-2

Even though a business closes, it is still required to provide W-2s for its employees.

How to Crochet – Spiral Scrubbie Tutorial

Question: How to open US bank account and get Individual Taxpayer Identification Number (ITIN) for Non US Citizens?

Can I obtain an EIN ?? if I am not an US resident or citizen?
Im planing to join a network business via online which requires tax id and US bank account..

What are the details/document do i need?
What is the cost?
Can it be done via online???

Please give me an advise on this..Thanks

Answer: No, stop, don’t do this.

1. If the entity you want to pay you only accepts US persons as members, do NOT pretend that you are. The entity would pay you, then issue you a 1099-Misc and a copy to the IRS. The IRS would, rightly, assume you are subject to US taxes and demand a tax return. (US taxes start at income of $400 for self-employment purposes.)

2. If the entity that is to pay you knows you are *not* a US person, they should also know they don’t issue a 1099-Misc.

3. While there are US banks that will open accounts for you (and you DO NOT need an ITIN for a bank account, even if it pays interest), most won’t do it unless you open the account in person, in the US.

Cost of politicians in BRAZIL.