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Reload this Page Potential fallout of the new 1099 law (small business, employees, FICA, owners)
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Old 01-23-2011, 03:11 PM
 
Location: In a chartreuse microbus
3,864 posts, read 6,035,045 times
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Will New 1099 Law Cause Identity Theft? - Fox Business Video - FoxBusiness.com

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.
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Old 01-23-2011, 03:23 PM
 
Location: Planet Eaarth
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WOOF!! This look like a train wreck about to happen!
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Old 01-24-2011, 09:47 PM
 
Location: Northern MN
3,869 posts, read 14,714,061 times
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? 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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