How to have multiple stealth business accounts?

billionaires101 · #1 10-20-2018

Hey everyone, due to a high volume of sales I recently needed to upgrade my stealth pp to a business account. This means I had to apply for an EIN and attach it. With the paperwork sent, it said you can only have one EIN per person, no matter how many businesses I have. How would this work if I need a second pp account (which looks like might be the case)? Hope this makes sense and someone can help me out. Thanks!

phaz0rz · #2 10-20-2018

You can get as many LLC EIN's as you want. You're only limited to 1 sole proprietor EIN. The only restriction I saw mentioned on the IRS application page is that you can only apply for 1 EIN per day.

billionaires101 · #3 10-20-2018

Quote:

Originally Posted by phaz0rz

You can get as many LLC EIN's as you want. You're only limited to 1 sole proprietor EIN. The only restriction I saw mentioned on the IRS application page is that you can only apply for 1 EIN per day.

Wow thats great news! Thank you for clearing that up, and thanks for the quick reply.