Answers
State and Federal distinctions with an LLC
Asked by:
Patti — 6 April, 2013
When I form an LLC in Virginia, do I also have to file for a federal tax number?
Answered by:
admin — 6 April, 2013
Patti,
In most cases when forming a new company one would need to obtain a federal tax ID (EIN). Some rare cases when one is not needed is if your LLC is a single-member LLC, with no employees, and you having an SSN which you would use as the tax ID of the company.
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