Many people are confused about when, as a sole proprietor, they are required to get an EIN (or even what it is). Here we will take you through what an EIN is, when you need one according to the IRS, and even when you need a new one.
What is an EIN?
An Employer Identification Number (EIN) is a nine-digit number that can be compared to Social Security Number (SSN), only for your business. The number is primarily used by the Internal