Posted by Teri on May 02, 2002 at 17:47:40:
Doesn’t using your SS # tie you personally liable now to that LLC versus getting a Fed tax id for that LLC, and thus "limiting your liability??
LLC And Federal Tax I.D.# (Bronchick) - Posted by Adum
Posted by Adum on March 31, 2002 at 09:01:38:
I am using your LLC course to form an LLC. I will be a single member, since my state allows this. You stated that single member LLC’s do not have to get a federal tax #. I will also not have any employees. I gonna be doing mobile home(Lonnie Deals) from this LLC. Could you elaborate on why a single member LLC should not get a federal tax #? Thanks.
Adum
Re: LLC And Federal Tax I.D.# (Bronchick) - Posted by William Bronchick
Posted by William Bronchick on April 01, 2002 at 09:26:11:
A single member LLC does not get a tax ID because it is “disregarded” an as entity for federal income tax purposes.
Re: LLC And Federal Tax I.D.# (Bronchick) - Posted by B. Gerber
Posted by B. Gerber on April 01, 2002 at 12:43:53:
The LLC does not require a Fed ID#, however, my bank acct for the LLC Did.
Re: LLC And Federal Tax I.D.# (Bronchick) - Posted by William Bronchick
Posted by William Bronchick on April 01, 2002 at 18:24:52:
You give them your social security # for the account