You don’t get an EIN (Employer Identification Number) every day, but when you do, follow the step-by-step instructions you get in my new YouTube video. This video actually contains a lot of information that might help you and your business, even if you already have an EIN or are running a sole proprietorship business without an EIN.

Filling out an EIN application isn’t hard when you know what the IRS wants.  The IRS has a gift of being able to make simple things hard to understand, so Ben Rucker and I did this video to walk you through the online EIN application step by step. Ben is a former special auditor for the IRS, so he speaks their language.

Most people get an EIN when they open a new partnership or form a new corporation or LLC.  But you might not want an EIN. Don’t get an EIN until you absolutely need one.  We discuss these issues in our new YouTube video. We have outlined a whole series dedicated to tax help for small businesses.

I understand my subscribers are busy. I will point out that you can watch my videos on a faster speed on YouTube. Just put the setting on 1.5 speed and you can cut the time it takes to watch the videos. It sounds a little odd, but you can clearly understand the information and get more of it faster.

You'll note I am not advertising on my YouTube channel, so you can get the information without clicking through a bunch of ads. Please subscribe and watch for notices of when I put up a new video. Tell your friends about the channel too, because we are trying to help as many people as possible. Share the video link to Facebook (and/or Twitter, Pinterest, LinkedIn, etc.) to help get the word out. I would appreciate it to help the channel grow and benefit more people.