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RVF Tax Lounge
#51

RVF Tax Lounge

Richiavelli- great idea for a thread.

I have a question- I formed a single-member LLC for my business. It is my understanding I am not required to get an EIN for this arrangement, but that many banks will still require one in order to open an account for the business, and that it is generally a good idea. Is this the case?

Seems like you can get one instantly online at the IRS website but I just noticed this thread, and I figured I'll run it by a professional before doing so.

Thanks.

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