fein ein difference ssn

Business Tax ID Number – FEIN and EIN Explained

There is an unfortunate amount of confusion surrounding the concept of the Federal Tax Identification Number. It is ironic, because the whole Tax ID, FEIN, and EIN thing is actually very simple, mostly because they are generally all the same thing. However, it isn’t surprising that this concept confused many …

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Deduct Sole Proprietorship Business

Can I deduct my business? That’s a question I get a lot from sole proprietors. The trick is that most information about small business taxes reads like it aimed more at slightly larger businesses, specifically, those that have employees. However, the same IRS tax rules that apply to those small …

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