EIN vs SSN

Posted By: Patti on 2006-11-11
In Reply to: They need to use your EIN - MTSO

For 18 years I have always uses my SSN and it has never been a problem. Probably because it is consistently used and my accounts use it on my 1099's, it is on my tax forms, etc. I think it might become a problem when one number is used in one place and one in another. But I see no difference in the taxes of business versus personal as all the deductions are taken off and what is left over is your "personal income". But I could be wrong.

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I have 2 questions for people who own their own company - Wondering
- They need to use your EIN - MTSO
  - EIN vs SSN - Patti
- Granted I am no CPA, but I think you would - sm - XXX
- My husband is a CPA, and I can tell you stories! - Get outside
- Acct fee is a tax deduction. Find a good one. - nm
- Don't worry about what you have to pay an accountant. You'll make it up - in what s/he saves you. nm - Hanib
- Check with accountant - Patti
- You really need a good accountant. sm - Small MTSO

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