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#2261857 - 10/29/21 08:19 PM Sole Props and Beneficial Ownership with EIN
Curious in Kansas Offline
Member
Joined: Oct 2015
Posts: 71
We have a sole prop who has an EIN tax ID number. Is Beneficial Ownership applicable in this situation?

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#2261866 - 10/29/21 09:43 PM Re: Sole Props and Beneficial Ownership with EIN Curious in Kansas
Valley girl Offline
Gold Star
Joined: Aug 2014
Posts: 357
TX
No, not if he is a sole proprietor. He may have employees and if so, he has an EIN for payroll taxes.

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