Formation Essentials

Ready Set Go

Ready to form your business? You are going to need at least your social security number and a government issued ID. Next apply for an EIN number using the IRS website for free.

What’s an EIN # and why do you need one for your business?

An Employer Identification Number (EIN) is also known as a Federal Tax Identification Number, and is used to identify a business entity. Generally, every business must have an EIN. It is similar to a social security number for your business. Some Sole Proprietors work under their social security number which is ok on a small scale basis. EIN numbers are ideal when looking to seperate your business from oneself.