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Tax Topics For Expediters Got a Tax question? Need help with a bookkeeping problem? Frank Katz can help you! A tax preparation expert with many years experience plus an in-depth knowledge of the trucking industry, Frank will respond to your questions on this forum.

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Old 09-20-2004, 01:48 PM   #1 (permalink)
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Starting with a van and a partner.

I'm looking to start with a new cargo van with my partner. As a new business, do I need to file an SS-4 with the Feds to treat things as a business (use the tax ID number to open a checking account, etc)? I know I can form an LLC, but what can I do for the minimum amount of hassle?

Thanks.
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Old 09-20-2004, 01:48 PM   #2 (permalink)
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RE: Starting with a van and a partner.

Hi Jerseycoast,
Sorry for the delay in getting back to you

Your Question
<I'm looking to start with a new cargo van with my partner. As a new business, do I need to file an SS-4 with the Feds to treat things as a business (use the tax ID number to open a checking account, etc)? I know I can form an LLC, but what can I do for the minimum amount of hassle?
Thanks. >

Filing SS-4 NO! it is not necessary to file for an EIN, Employer Identification Number. Unless you definitely plan on setting up the LLC, "S" Corp, or Standard Corp. You, setup your checking account as a DBA meaning Name: "Doing Business AS" using your social Security Number. This is the least hassle that you would be looking for right now.

Frank
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