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question for accountant

Discussion in 'Off Topic Threads' started by quicky, Aug 9, 2009.

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  1. quicky

    quicky Member

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    Jan 29, 1998
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    I have a small business and am planning on starting another. I have an EIN for the first small business. I will operate both as a sole proprietor. I read in an IRS online note that a sole proprietor can have only 1 EIN, even on separate businesses. Is this correct? I can't seem to find the notice again.

    Thanks in advance, Quicky
     
  2. WilliamMR

    WilliamMR Active Member

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    Location:
    Munster, IN
    You are correct. You can also read publication 1635 for info on EINs
     
  3. WilliamMR

    WilliamMR Active Member

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    Click on the above for an article that is a little more detailed, in plain English
     
  4. waterhouselake

    waterhouselake TS Member

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    Don't do anything to confuse the government. Wait until they start administering health care....
     
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