Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Does a Sole Proprietorship need a FEIN?

FEIN Sole Proprietorship
0
Posted

Does a Sole Proprietorship need a FEIN?

1

If you do not have any employees, a sole proprietorship is not required to have a FEIN; however, if you ever hire any employees, you must have a FEIN. If you plan to use a FEIN to differentiate between your personal and business finances, you should have a FEIN before you apply for business permits.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123