You may not need a federal tax ID number, but you probably want one. Unless you like handing over your Social Security Number and just hoping for the best.
5 critical steps for businesses to start smart
By Kirsten Adshead/motherbility Forming an LLC won’t precisely save your life. But if 15 minutes and $130 now keeps you from losing all your money, your house and your assets later, it’ll sure feel like it did.
Supreme Court rulings on American elections, implementation of the tax overhaul, Internet changes, Foxconn, homebakers lawsuit, new corporations that benefit the public … there’s a lot at stake in 2018.
Here’s what you need to know to track the key issues.
First, a dose of reality. If your business is in the “So, I kind of have this idea … ” stage, you’ll probably have to self-fund for a while (absent, of course, a friend or relative with an abundance of cash and joie-de-vivre generosity).