Do I Even Need an EIN?
Anybody who has started a business knows it is not an entirely easy process, but getting a federal tax ID number is imperative depending on the structure of your business. The EIN is used by the IRS to identify who owes the taxes for this business or, mostly, from the income garnered on the business. It is recommended that all businesses, including sole proprietorships and limited liability companies, get an EIN, but not required for the aforementioned.
Working with people’s private information is not something to be taken lightly, and you can be sure that your information will be safe and your privacy protected.