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View Full Version : Do I need a tax ID number?


Kutekat73
Aug 22, 2012, 09:59 PM
I started a dog walking business. I am now kats pawz n clawz dog walking llc. I am a sole proprietor and have no employees. Is it best to use my own social security number or file for a tax id number. I don't know which is best. I foresee making about $600-800 a month. I
Need to do what will save me the most money in the end.
Thank you.

Fr_Chuck
Aug 23, 2012, 03:33 AM
A tax number will be needed if you have employees and/or if you incorporate your business.

It will do nothing for you, at what you have described.

AtlantaTaxExpert
Aug 23, 2012, 06:45 AM
However, if you anticipate ever having employees, then get the Employer Identification Number (EIN) now while you have the time.