EIN Myth Busted! Do You REALLY Need One? | Dewayne Williams

Ever wonder if you need an EIN for your business? The IRS has a simple rule: need an EIN if the answer to "Do you have employees?" is YES! This video explains employee vs. independent contractor and how it impacts your EIN requirement. Subscribe for more tax tips! 🚫 Are you aware of the IRS requirements for obtaining an EIN? The IRS is crystal clear: You will need an EIN if you answer "Yes" to specific questions. But here's the catch: the first question is, "Do you have employees?" If you don't issue W2s, it's time to rethink your EIN strategy. NEWSFLASH: Banks don't issue EINs, so they aren't responsible for ensuring your IRS compliance. Watch now to avoid unnecessary hassles and stay on the right side of the IRS! If you want to learn how to properly start or structure a business, join our masterclass now. Click this link: https://www.macenterpriseconsulting.com/masterclass BONUS: Use discount code 'Masterclass' and begin the journey of changing your life! ✨ 𝐉𝐨𝐢𝐧 𝐃𝐞𝐰𝐚𝐲𝐧𝐞 𝐖𝐢𝐥𝐥𝐢𝐚𝐦𝐬 ✨ https://www.seevid.ir/fa/result?ytch=UC_8VVdhHhN7CN16DcXGuD5Q 🍁 𝐀𝐛𝐨𝐮𝐭 𝐃𝐞𝐰𝐚𝐲𝐧𝐞 𝐖𝐢𝐥𝐥𝐢𝐚𝐦𝐬 🍁 Hey everyone, Dewayne Williams here! Want to turn your million-dollar idea into a booming business? This channel is your one-stop shop for actionable knowledge. We'll dive deep into crafting winning business plans, conquering startup essentials, and mastering the books and taxes. Plus, we'll keep things positive and motivational to fuel your entrepreneurial journey. Let's build your dream business together! 📌𝗖𝗛𝗘𝗖𝗞 𝗢𝗨𝗧 𝗢𝗧𝗛𝗘𝗥 𝗩𝗜𝗗𝗘𝗢𝗦 ➡️STOP! No Employees, No EIN! IRS Compliance Alert! 🔗 https://www.seevid.ir/fa/w/WFpZuYAVHl4 ➡️URGENT: Avoid $500/Day Fines! Who MUST Complete the FINCEN Beneficial Ownership Form? 🔗 https://www.seevid.ir/fa/w/OOvMp5wiuss ➡️Houston Storm Aftermath: Power Outages and Tower Damage 🔗 https://www.seevid.ir/fa/w/UCUfdGdQ0k8 ➡️How to Start a Business and Make $1 Million Your First Year 🔗https://www.seevid.ir/fa/w/8rG3UURyU2w 𝐂𝐨𝐧𝐧𝐞𝐜𝐭 𝐰𝐢𝐭𝐡 𝐮𝐬: ➡️Website 🔗macenterpriseconsulting.com ➡️Instagram 🔗instagram.com/dewayne_themac ➡️TikTok 🔗tiktok.com/@dewayne_themac ➡️Facebook 🔗facebook.com/dewaynewilliams05 𝗧𝗵𝗮𝗻𝗸𝘆𝗼𝘂 𝗳𝗼𝗿 𝘄𝗮𝘁𝗰𝗵𝗶𝗻𝗴: EIN Myth Busted! Do You REALLY Need One? | Dewayne Williams #NoEmployeesNoEIN #SimplifyYourTaxes #AvoidTaxFines #BusinessStartup #TaxCompliance 𝗥𝗲𝗹𝗮𝘁𝗲𝗱 𝗦𝗲𝗮𝗿𝗰𝗵𝗲𝘀: ein myth busted what is an ein ein for business how to avoid ein fines tax tips for beginners what happens if i dont get an ein do you really need one dewayne williams

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