0/0 limit changed to 500/$50,000 - Page 2 - eBay Suspended & PayPal Limited Forums
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  #23  
Old 09-11-2016
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Default Re: 0/0 limit changed to 500/$50,000

I said I've only had 1 EIN?
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  #24  
Old 09-14-2016
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Default Re: 0/0 limit changed to 500/$50,000

From the brochure/document you attached:

Effective May 21, 2012, to ensure fair and equitable treatment for all taxpayers,
the Internal Revenue Service will limit Employer Identification Number (EIN)
issuance to one per responsible party per day.


This probably is intended to apply to accountants, cpa's, lawyers who set up corporations, who would have reason to obtain multiple EIN's for clients.

Also:

You should have only one EIN for the same business entity.

I have multiple EIN's, one for each business I have owned in the past, and one for each business I own now.

In my state, there is no requirement to register an EIN with the state, although it may be a part of various documents submitted when creating a corporation or other artificial persons.

Last edited by dallis; 09-14-2016 at 10:53 PM.
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