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Sole-Proprietors J. R. Richard Youth Jersey , Prevent Identity Theft by Getting an EIN Home Business Articles | June 8, 2005
From time to time, you'll be asked to provide your social security number or employer ID to clients or governmental agencies. Once you do that you have no control over which client employees and other...


From time to time, you'll be asked to provide your social security number or employer ID to clients or governmental agencies. Once you do that you have no control over which client employees and others can view your number.


With identity theft an ever increasing problem, reducing the need to give out your social security numer can only be a good idea.


The best way to do that is to have an employer identification number.


In fact Carlos Lee Youth Jersey , having an EIN is mandatory for almost any business that is set up as something other than a sole-proprietorship.


This is the IRS checklist for businesses that are required to have an Employer Identification Number.

You have employees. You are set up as a corporation or partnership. You file tax returns for Employment, Excise, or Alcohol Tobacco and Firearms. You withhold taxes on income, other than wages, paid to a non-resident alien. You have a Keogh plan. You are involved in a trust. (There are some exceptions Roy Oswalt Youth Jersey , check the IRS site). You are involved in one of the following types of organizations: Estates, real estate mortgage conduits, non-profits, farmer's cooperatives, and plan administrators.

Sole-proprietors are not required to have an EIN. But if you are a sole-proprietor Mike Scott Youth Jersey , I strongly recommend getting one.


The reason? If you are a sole-proprietor, clients who pay you $600 or more in the course of a year must file a 1099 on your behalf. And they need your social security number or employer identification number to do that.


And you, in turn, are required to do the same for your own sole-proprietor subcontractors who receive $600 or more in payments from you.


The Employer's ID number fulfills IRS's requirements when filing your 1099s, so you just substitute the EIN for the social security number.


The process is easy and straightforward.


You can apply for your EIN number online at the IRS website (www.irs.gov) or ask the IRS to have the forms sent to you.

Article Tags: Social Security Number Jose Cruz Youth Jersey , Employer Identification Number, Identity Theft, Social Security, Security Number, Employer Identification Jimmy Wynn Youth Jersey , Identification Number


Lean Works! For some?


Lean Manufacturing as a management tool has taken the manufacturing industry by storm, and companies around the globe have adopted Lean methods in many forms and by many names. Large enterprise companies like Toyota, Dell Computer, and Pratt & Whitney have achieved dramatic reductions in delivery time and lowered inventory levels, while increasing responsiveness to customer demand and improving cash flow.


As evidenced in thousands of organizations Andy Pettitte Youth Jersey , in many different industries, ?Lean Enterprise? is one of the most promoted and competitive business models in use today. Published case studies provide one example after another of companies that have substantially reduced waste and associated costs. There are countless testimonials describing how companies rose to leaders in their respective industries by becoming ?world class? in Lean. There are documented results of compressing order lead-times by more than 80%, reducing work-in-process inventories by 90%, improving quality to a Six Sigma level, and freeing up 60% of resources. And Gerrit Cole Youth Jersey , the successes aren't limited to only large and well-known organizations'there are also many small-company examples.


The good news is that these Lean concepts and tools are not highly complex, and can be easily learned by people of all levels of education and job responsibility. Lean 'tools? include 5S, Value Stream Mapping, and conceptsterms like kaizens and kanbans. A search on the Internet or in the advertising section of almost any business magazine will identify hundreds of individuals and consulting firms who tout successful Lean facilitations or who offer education courses to help companies successfully implement Lean.


The bad news is that even as the trend of Lean adoption continues, the success rate is low'less than 20% of companies are successful with Lean.


Why do so many companies fail in their Lean initiatives? If the results are so obvious Jose Altuve Youth Jersey , and best practices available in the form of published success stories, what's the problem? With thousands of consulting experts and just as many training courses available, why aren't the majority of companies successful with Lean, and why isn't everyone using this incredibly profitable management strategy?


Good questions.


The typical approaches used by most companies today do not provide an optimal return on investment to companies. The 'missing link? between Lean goals and successful projects that produce the intended result is a strategy for Lean. For companies to reach their desired destination of success with Lean, they must first plan the journey?but many start off with the wrong perspective of success.


Starting Incorrectly?Lack of Strategic Approach


The fact is that people often struggle with the most basic of problems when implementing Lean?where to begin. Where and how people start a Lean initiative is critical to the success of the first Lean project. If the first project isn't successful Michael Brantley Youth Jersey , there is a good chance that there won't even be a second effort, and the first project won't be successful if there is no measurable impact to the bottom line or to strategic objectives.


Unfortunately, most Lean efforts begin with a tactical approach, rather than a strategic one. This is a key factor in the high perc. Cheap Jerseys Cheap Hoodies Cheap Hats Cheap MLB Hats China Cheap College Hoodies China Cheap Jerseys Cheap NFL Jerseys Cheap Jerseys From China Cheap Jerseys Wholesale Cheap Football Jerseys China