Archive for the ‘Small Business’ Category

Setting up Tax ID # — to or not to?

Posted in Small Business on 06/24/2009 05:55 pm by admin
M asked:


I am a medical transcriptionist that is self-employed. Is there any reason that I would NOT want to setup a tax id number? Everything I have read makes it look like it would be the best thing to do for record keeping purposes and to prevent identity theft. Is there any reason I should NOT?

Renee
 

Sole Proprietor.Tax ID Number.how do I get one?

Posted in Small Business on 05/13/2009 02:08 pm by admin
stonerosedesigndotcom asked:


I am a sole proprietor who creates websites. My clients pay me with a check made out to my name. Many of them are requesting my “tax ID” number but I don’t have one as I don’t sell anything but my services. I don’t want to give out my social security number for fear of privacy theft.

What should I do?

Judy