3 Reasons to get an EIN as an Immigrant Business Owner
If you are thinking of starting your business, you must get an EIN before you do anything else.
Think of your EIN as a social security number for your business. In this blog, we will be talking about the 3 biggest reasons why you should consider getting one if you don't have one already.
1. To Protect Your Identity: That's right, having an EIN helps protect your SSN or ITIN number when you hand them out to multiple clients.
2. To set up your business bank account: Having an EIN helps you open a business bank account, in fact, most banks do not allow you to open one without it.
3. To hire future employees: If you plan to hire people in the future, having an EIN allows you to do so.
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