id theft fraud prevention

June 24, 2009

Setting up Tax ID # — to or not to?

Filed under: Small Business — Tags: , , , — admin @ 5:55 pm
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

May 13, 2009

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

Filed under: Small Business — Tags: , , , , , — admin @ 2:08 pm
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

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