Can I use an already established tax number that I have to start a new business unrelated to the first?

November 16, 2007

Posted by TonyLiu

( 1 rating )

Will the business be in the same state and address?

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November 16, 2007

Posted by Taxman

( 0 ratings )

If you are operating your business as a sole proprietorship or general partnership, your Social Security Number (SSN) is used as the Federal Tax ID Number for your business, so yes you sure can and will need to.

When you incorporate or form a limited liability company (LLC), you must obtain a new EIN for your business.

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