Potential fallout of the new 1099 law (small business, employees, FICA, owners)
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This is something I'll bet they never thought of, but it makes sense since millions of very small business owners use their SS number as their taxpayer ID number.
? and your employer has all of there employees SS #?
When I started my business years and years ago they had us use our SS# OR you can apply for a EIN# Employer Identification Number so you don't have to use a SS#. All you have to do is apply for it.
We only have 6 employees.
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