What About Working from Home? Does This Require an EIN?


An EIN number is not necessarily required for every business. It is important for new business owners to learn more about the type of company they wish to build as well as consider planned business actions. An EIN or tax ID number, may not be required, however, there are certain benefits to having this number. If you work from home, your business may still require this number for proper operation. Not Mandatory When a business is considered a Limited Liability Company or a sole proprietor, where there are no employees, then a tax ID number is not required. The social…

What are options for cash emergencies?


Sometimes no matter how well you plan you can face bad luck in life.   Between cars, homes, apartments, medical bills, and just general expenses life can knock you back. While many financial professionals all state that you should have 6 months of your salary saved for an emergency, many of us know that is just impractical.  It’s hard to save 6 months of your salary in the world today. So, what do you do when a disaster strikes? Here are some things you can do. First, you can get a short term loan.  One option is to get a car…

How To Start Your Own Finance Blog


If you have a deep interest in finance—and you likely do if you’re reading this blog—you may eventually reach a point where you want to share your own knowledge and experience. Starting a blog is easy enough if you have the motivation, but maintaining a blog takes total dedication. Finance blogs are popular for many reasons. They help everyday people manage their money and provide them with sound advice on how to make investments that could ultimately change their lives. One of the first requirements is to be passionate about the topic. If you’re not passionate about finance, over time,…