business






 

Question by  ar51 (6)

Should I get an EIN for my business or just use my social security number?

I don't understand which is better.

 
+6

Answer by  bunkerhill (825)

If you don't have any partners or employees, use your social security number. If you are going to have any of the things i listed, get an EIN

 
+4

Answer by  cbdave (124)

You should get an EIN for your business; it's how you should start keeping the financial life of you and your business separate.

 
+4

Answer by  tamarawilhite (17883)

If you set up a business in an EIN, you must do taxes for the EIN. Conversely, using an EIN number helps shield your identify from theft and lawsuits.

 
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