Should I get an EIN for my tax business?
Many tax businesses operate perfectly fine without getting an EIN (Employer Identification Number), and if you are the only one working in your business you really do not need one. If you think that you will be hiring employees this season, you should get one. This will allow for you to not have to include your Social Security Number on the Paystubs and W2s that you distribute to your employees. Getting an EIN for your business does not take much information, and this service is included in any Federal Direct Partnership. Do you need an EIN number for your tax business? Simply contact an account representative and request an EIN for your business if you would like to get one set up.
Posted: November 10, 2010