Basic Facts about Entrepreneurship
The ITIN, EIN and SSN
The Internal Revenue Service (IRS) issues ITINs to individuals who are required to have a U.S. taxpayer identification number but who do not have, and are not eligible to obtain, a Social Security number (SSN) from the Social Security Administration (SSA). An...
read moreIndependent Contracting
All immigrants regardless of immigration status are able to earn a living as independent contractors, or start a business using an ITIN or SSN. As mandated by IRCA, an individual or entity (client) is NOT required to obtain Form I-9, or otherwise inquire about...
read morePaying Taxes as an Independent Contractor
If you are an independent contractor, you should submit a W9 Form instead of the I-9 Form to each client you provide independent contractor services to. Fill out a W-9 at the start of work and make sure your client keeps it on record. An independent contractor must...
read moreChoosing a Business Structure
Sole Proprietor In most cases, you may use your SSN or ITIN to start a sole proprietorship. Only in certain circumstances, such as hiring an employee, would you have to apply for an EIN (which you may get using an ITIN). A sole proprietorship is a type of business...
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