06/21/2023
8 REASONS YOUR SMALL BUSINESS NEEDS AN EIN #:
1.)Operate a separate legal entity.
2.)Protect your Social Security Number.
3.)Open a business bank account
4.)Apply for credit in the name of the business
5.)Hire employees
6.)Apply for business licenses and permits
7.)Use a Keogh Plan. This tax-deferred pension plan requires that the business has an EIN.
8.) File taxes for your business.