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 SSN DL# ID# TAX ID# 2018

2018-2025 Form

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[Music] hi my name is Keith Hall welcome to another NASA minute you may be a brand new small business owner and maybe you're going to file a Schedule C to report the income and expenses from that small business you may have a question of whether or not you need a specific tax ID number for your business or Ein or can you just use your social security number at the top of the schedule C well this is a great question and you certainly don't need to have an EIN unless you're going to have employees so if you're going to have bona fide employees in your small business then you are required to have an EIN now it's very simple to get just go to the IRS website at irs.gov search on Ein and there's a process to get the number and it takes you about 10 minutes very easy but that's only required if you're going to have employees now having said that I'd don't like putting my social security number on any more documen

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