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Employer ID Number (EIN)

Question
Do I have to get an employer identification number (EIN) for my new business? 
Answer
No. The Internal Revenue Service recommends that you get the EIN only if you're going to have employees.

However, it is recommended that all businesses get an EIN, even if you don't plan to have employees for a while.

Search again for advantages of an EIN. 
Brain Trust contributor: National tax columnist and author of Small Business Taxes Made Easy
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