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- Start Your Business
- 💸 Tax Requirements
Does a Sole Proprietor need an Employer Identification Number (EIN)?
If you are a sole proprietor with no employees, you may but are not required to have an Employer Identification Number (EIN). A social security number should suffice for most sole proprietorships
There are certain activities, such as establishing a retirement plan, that require sole proprietors to have an EIN. For more information, please see the link below: