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    Kutekat73's Avatar
    Kutekat73 Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Aug 22, 2012, 09:59 PM
    Do I need a tax ID number?
    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's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
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    #2

    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's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
    		  
    #3

    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.
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