Grab $50 Krispy Kreme Card for ONLY $40! Hey who wants flowers when you can get Krispy Kreme!  Perfect for Valentine's Day! Use code DONUT10 at checkout

 

Grab $50 Krispy Kreme Card for ONLY $40! and more...



Grab $50 Krispy Kreme Card for ONLY $40!

 

Grab $50 Krispy Kreme Card for ONLY $40!

Hey who wants flowers when you can get Krispy Kreme!  Perfect for Valentine’s Day!

Use code DONUT10 at checkout

 

        
 

Do I Need An EIN If I’m Filing For A Sole Proprietorship?

If you are self-employed, or freelance as an independent contractor, you will need to declare your status for the IRS. This can be done in several ways, including making your business a sole proprietorship. If you are applying as a sole proprietor, you have an option as to whether or not to get an EIN. Below is a bit more information on why you may not need an EIN, but will perhaps want one anyway, in which case you can apply for an EIN online.

Do I Need an EIN?: If you are a sole proprietor who does not file pension or excise tax returns, you do not need an employer identification number (EIN). However, you still need to apply for a federal tax ID which, if you don’t have an EIN number, will be your social security number. While skipping the application process is convenient, there are quite a few benefits to getting an EIN.

Why Apply for EIN Online?: You can apply for an EIN online and get your number immediately. This number will forever identify your company and will allow you to expand your company in the future. If your company stops making money, or you decide to pursue a different career path, you can close your account with the IRS for that business. If won’t erase the EIN, but you’ll no longer pay taxes, and you will have a chance to re-open with the same EIN in the future.

EIN Benefits: An EIN also allows you to do things like file for bankruptcy, have a Solo 401K retirement plan, partner with other companies, buy or inherit a company, or hire employees. Using an EIN instead of a personal social security number also helps protect you and your proprietorship from fraud, and makes you look more professional to potential employers.

The IRS has clear guidelines on who can apply for sole proprietorship, instead of for other tax categories. If you are uncertain, contact them as soon as possible to get the information you need to file correctly; this will save you a headache in the future.

        
 

Save 40% on the Complete Ninja Coffee Bar Brewer Set

 

Save 40% on the Complete Ninja Coffee Bar Brewer Set

You can’t beat this deal!

This includes the Brewer, Thermal Carafe with Ninja Hot and Cold 18 oz. Insulated Tumbler and Recipe Book.

Save $78, but TODAY ONLY

 

        
 

Today ONLY: 25% off DEWALT 118 Piece Mechanics Tool Set

 

Today ONLY: 25% off DEWALT 118 Piece Mechanics Tool Set

Don’ miss out on this deal!

  • Deep laser etched markings for easy socket size identification
  • Knurled beauty rings provide a non-slip gripping surface
  • 72 tooth gear system for high torque ratcheting
  • 5 Degree arc swing and slim head design for maneuverability in constricted areas
  • Limited lifetime warranty
        
 

Tax Day is Approaching! Save on H&R Software

 

Save on H&R Software is $18.99 (was $44.99)

  • Personalized tax advice
  • Maximize mortgage interest and charitable deductions
  • Sale of stocks, bonds, and mutual funds
  • One State program download included, a $39.95 value (State e-file available for $19.95 per return)
        
 
 
   
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