Most small business owners have an employer identification number and a Social Security number. This allows the IRS to identify and account for their business entities. Obtaining these numbers also ensures individuals remain in compliance with tax laws. However some people may have an individual taxpayer identification number instead. Which numbers you have largely comes…

NerdWallet writes for NerdWallet. Email:

The article EIN vs. ITIN vs. SSN: What Business Owners Need to Know originally appeared on NerdWallet.

Read More