by Wesley Henderson | Dec 14, 2022 | Best Practices, Website
Your online business had never needed anything official because you were just selling off of various social media platforms. However, now, your fun hobby turned Instagram business has taken off and all of a sudden you realize this could be your full-time job. You are...
by Wesley Henderson | May 11, 2021 | Best Practices, LLC, Quick Tips
Sole Proprietor’s do not need an EIN. But, most Sole Proprietors really don’t need to be doing business without an LLC. Here’s why. An EIN is like a business’s social security number. It tells the IRS who the business is. Single-member LLCs...
by Wesley Henderson | Sep 18, 2020 | Quick Tips, Side Business
An EIN (or Tax ID) is how the IRS identifies your business. If you are a single-member LLC, you can either obtain an EIN or use your SSN. So, if you have set up a single member LLC through Drafted Legal or elsewhere, you can still file your taxes correctly without an...