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+--- Thread: Purchasing a small market. Should I use TAX-ID or my social security number? (/thread-7982.html)
Purchasing a small market. Should I use TAX-ID or my social security number? - Nelson - 10-13-2012 02:41 AM
If I will be operating this small market as a sole proprietor, which is better? Can I use TAX-ID as a sole proprietor instead of a corporation or LLC? I am in Los angeles if that matters.
- Dr. Deth - 10-13-2012 02:49 AM
if you will be the ionly employee, you can use your ssn. If you intend to hire employees, you can still be a sole prop, but you'll need to get a federal ID# - go to http://www.irs.gov and search the forms and publications link - you can download what you need there