Small Business Tax Workshops, Meetings, and Seminars Small business tax workshops, seminars and meetings, designed to help the small business owner understand and fulfill their federal tax responsibilities, are held at various locations throughout the country. These events are sponsored and presented by IRS partners specializing in federal tax. On occasion, IRS participates in these events in person or by virtual technology.
TAX IDENTIFICATION NUMBERS
Many Minnesota businesses will need one or more tax identification numbers : • Federal Employer Identification Number (EIN) • Minnesota Tax ID Number (from the Department of Revenue) • Minnesota Unemployment Insurance (UI) Employer Account Number You generally need a new tax ID if the business’s legal structure or ownership changes (for example, from sole proprietorship to corporation, or a change in partners/owners). FEDERAL EMPLOYER IDENTIFICATION NUMBER (EIN) An EIN acts like a Social Security number for your business. Most businesses need one, but you may use your personal Social Security Number instead if you are a sole proprietor or a single- member LLC taxed as one, provided all of the following are true: • No Employees : You do not have, and do not plan to hire, any employees. • No Contractor Reporting : You do not have to file federal information returns, such as Form 1099, to report payments to independent contractors. • No Specialized Taxes : You are not required to pay federal excise taxes. • No Complex Retirement Plans : You do not maintain a Keogh or Solo 401(k) retirement plan. Key point : Many business owners apply for an EIN even if they aren't required to have one. It helps protect your personal identity by keeping your Social Security number off of contracts and is often required by banks to open a business account. Application methods You may apply for an EIN: • Online at Apply for an EIN (FREE, fastest; number issued immediately). • By fax by sending Form SS‑4 to 855‑641‑6935. • By mail by sending Form SS‑4 to: Internal Revenue Service (allow about 4 weeks).
Attn: EIN Operation Cincinnati, OH 45999
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