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    How to Get a Tax ID Number

    forbes.com/advisor/business/how-get-tax-id-number/

    Yapay zekadan makale özeti

    Reasons to Get One
    • Tax ID number is required for most businesses, except sole proprietors
    • Required for filing separate business taxes from personal returns
    • Necessary for hiring employees and opening Keogh plans
    • Required for certain industries like trucking companies
    Tax ID vs EIN
    • EIN is the same as tax ID number for businesses
    • ITIN is for individuals, not businesses
    • Both numbers needed for proper tax tracking
    Application Process
    • Register business with state before applying
    • Gather necessary business and owner information
    • Complete online application through IRS.gov
    • Receive tax ID number immediately after approval
    Additional Information
    • Process takes only a few minutes
    • Application is free of charge
    • Sole proprietors can obtain tax ID after DBA registration
    • SSN is not a tax ID number

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