Finance

Have finance questions? Ask a financial expert online.

Ask an Expert,
Get an Answer ASAP!

This answer was rated:

I am opening a e-comm business and need an EIN number. I…

I am opening a...

I am opening a e-comm business and need an EIN number.

Accountant's Assistant: The Accountant will know how to help. Please tell me more, so we can help you best.

I have one LLC that is dormant and would like to know if I can use this EIN number for my suppliers?

Accountant's Assistant: Is there anything else important you think the Accountant should know?

Yes

Accountant's Assistant: What else should I tell the Accountant?

Should I use that EIN and how do I go about getting the EIN number? I looked it up online and it says it's dormant but I do not see the actual number.

Show More
Show Less
Ask Your Own Finance Question
Answered in 13 minutes by:
1/22/2018
Chad EA, CDFA®, CFP®
Chad EA, CDFA®, CFP®, CERTIFIED FINANCIAL PLANNER ®, Professional
Category: Finance
Satisfied Customers: 2,777
Experience: IRS Licensed Enrolled Agent, CDFA ® CFP ®, MBA
Verified

Welcome to JustAnswer!

My name is***** will assist you today.

As a sole proprietorship, You are able to use the same EIN to operate multiple businesses.

___

You will not be required to obtain a new EIN if the following statements are true:

  • You change the name of your business.
  • You change your location or add other locations.
  • You operate multiple businesses.

https://sa.www4.irs.gov/modiein/individual/help/help-toc.jsp

___

If you will not be using the LLC that you currently have established, then you should obtain a new EIN or use your Social security number if you do not intend on forming a separate taxing entity or hiring employees.

___

Regarding the dormant LLC: Each state has separate requirements for activating LLC's that have gone dormant.

Ask Your Own Finance Question

If this has answered your question and have no further questions, please take a moment to accept the answer.

If you have any additional questions please let me know!

My goal is to ensure you receive 100% satisfaction.

_____

At the conclusion of our conversation please take a moment to rate and accept my answer by clicking on three stars or more.

A positive rating of 5 stars is always appreciated.

Thank you!

Chad EA, CDFA®, CFP®
Chad EA, CDFA®, CFP®, CERTIFIED FINANCIAL PLANNER ®, Professional
Category: Finance
Satisfied Customers: 2,777
Experience: IRS Licensed Enrolled Agent, CDFA ® CFP ®, MBA
Verified
Chad EA, CDFA®, CFP® and 87 other Finance Specialists are ready to help you
Ask your own question now
Customer reply replied 7 months ago
Thank you
Phone call session started

Hi Linda,

You are able to file for reinstatement of your Florida LLC directly online.

Here is the direct link:

http://dos.myflorida.com/sunbiz/manage-business/efile/reinstatement/

You will need your document number. I was able to find "Mortgage Professionals Inc," Inactive online.

Please review the link below to locate your specific Mortgage Professional company. I looked at some of the listings, but couldn't find your specifically.

http://search.sunbiz.org/Inquiry/CorporationSearch/SearchResults?inquiryType=EntityName&searchNameOrder=MORTGAGEPROFESSIONALS&searchTerm=mortgage%20professionals

--When you are able to locate your company the EIN information is view-able.

_____

Ask Your Own Finance Question

There appears to be a $100 reinstatement fee. You may be subject to other previous filing fees, but you may also be able to have those fees waived.

____

Once the LLC is reactivated, you are able to submit a name change too.

http://dos.myflorida.com/sunbiz/forms/fictitious-name/

Ask Your Own Finance Question

Please let me know your follow up questions concerning the information above.

Thank you!

Ask Your Own Finance Question
Customer reply replied 7 months ago
Great Chad. I will work on this. Thanks for your help.Linda.
Was this answer helpful?

How JustAnswer works

step-image
Describe your issueThe assistant will guide you
step-image
Chat 1:1 with a financial professionalLicensed Experts are available 24/7
step-image
100% satisfaction guaranteeGet all the answers you need
Ask Chad EA, CDFA®, CFP® Your Own Question
Chad EA, CDFA®, CFP®
Chad EA, CDFA®, CFP®
Chad EA, CDFA®, CFP®, CERTIFIED FINANCIAL PLANNER ®, Professional
Category: Finance
Satisfied Customers: 2,777
2,777 Satisfied Customers
Experience: IRS Licensed Enrolled Agent, CDFA ® CFP ®, MBA

Chad EA, CDFA®, CFP® is online now

A new question is answered every 9 seconds

How JustAnswer works:

  • Ask an ExpertExperts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional AnswerVia email, text message, or notification as you wait on our site. Ask follow up questions if you need to.
  • 100% Satisfaction GuaranteeRate the answer you receive.

JustAnswer in the News:

Ask-a-doc Web sites: If you've got a quick question, you can try to get an answer from sites that say they have various specialists on hand to give quick answers... Justanswer.com.
JustAnswer.com...has seen a spike since October in legal questions from readers about layoffs, unemployment and severance.
Web sites like justanswer.com/legal
...leave nothing to chance.
Traffic on JustAnswer rose 14 percent...and had nearly 400,000 page views in 30 days...inquiries related to stress, high blood pressure, drinking and heart pain jumped 33 percent.
Tory Johnson, GMA Workplace Contributor, discusses work-from-home jobs, such as JustAnswer in which verified Experts answer people’s questions.
I will tell you that...the things you have to go through to be an Expert are quite rigorous.

What Customers are Saying:

I really was impressed with the prompt response. Your expert was not only a tax expert, but a people expert!!! Her genuine and caring attitude came across in her response...

T.G.WMatteson, IL

I WON!!! I just wanted you to know that your original answer gave me the courage and confidence to go into yesterday's audit ready to fight.

BonnieChesnee, SC

Great service. Answered my complex tax question in detail and provided a lot of additional useful information for my specific situation.

JohnMinneapolis, MN

Excellent information, very quick reply. The experts really take the time to address your questions, it is well worth the fee, for the peace of mind they can provide you with.

OrvilleHesperia, California

Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help.

Mary C.Freshfield, Liverpool, UK

This expert is wonderful. They truly know what they are talking about, and they actually care about you. They really helped put my nerves at ease. Thank you so much!!!!

AlexLos Angeles, CA

Thank you for all your help. It is nice to know that this service is here for people like myself, who need answers fast and are not sure who to consult.

GPHesperia, CA

< Previous | Next >

Meet the Experts:

Rakhi Vasavada

Rakhi Vasavada

Financial and Legal Consultant

2,609 satisfied customers

Graduated in law with Emphasis on Finance and have have been working in financial sector for over 12 Years

Megan C

Megan C

Certified Public Accountant (CPA)

2,222 satisfied customers

Licensed CPA, CFE, CMA, CGMA who teaches accounting courses at Master's Level

Manal Elkhoshkhany

Manal Elkhoshkhany

Tutor

1,933 satisfied customers

More than 5000 online tutoring sessions.

JKCPA

JKCPA

CPA

844 satisfied customers

Bachelors degree and CPA with Accounting experience.

Eric

Eric

Financial Manager

559 satisfied customers

Loan servicing, counseling and real estate expert. Foreclosure Expert and Financial Planner.

R. Klein, EA

R. Klein, EA

Accountant

480 satisfied customers

TurboTax Expert. QuickBooks Certified Pro Advisor

Dimitry K., Esq.

Dimitry K., Esq.

Attorney

332 satisfied customers

NASD Licensed Rep, 1997-2001, Business Attorney

< Previous | Next >

Related Finance Questions
I have 2 tax questions: 1 - I created an LLC in Oct 2017
I have 2 tax questions:1 - I created an LLC in Oct 2017 with a biz partner. No activity since then, just some minimal expenses. If we don't care to claim the expenses do we need to file a K1 for 2017?… read more
LEV
LEV
Retired
Bachelor's Degree
14,896 satisfied customers
I need some CPA advice. I hired a CPA for my wife's
I need some CPA advice. I hired a CPA for my wife's business. He is setting up a business structure for her. He seemed to be very knowledgeable on tax advice and I contacted another accountant plus th… read more
taxmanrog
taxmanrog
Master\u0027s Degree
1,072 satisfied customers
I am going to buy 2 existing Salons. In near future, my
I am going to buy 2 existing Salons. In near future, my plans is to acquire more or open new salons. For taxation purposes, I need to open a company. I would like to take your advice on it. Which enti… read more
Barbara
Barbara
Enrolled Agent, Paralegal
5,693 satisfied customers
If I have a solo proprietorship and I want to make the
If I have a solo proprietorship and I want to make the business more legitimate are there steps such as establishing a bank account or registering for an EIN that I need to do? What would be your advi… read more
NPVAdvisor
NPVAdvisor
CFP Licensee and Practitioner
Master's Degree
180 satisfied customers
Is it possible to open a merchant account for a LLC without
Is it possible to open a merchant account for a LLC without social security number? What are the options?… read more
Chad EA, CDFA®, CFP®
Chad EA, CDFA®, CFP®
CERTIFIED FINANCIAL PLANNER ®, Professional
Master's Degree
2,777 satisfied customers
For a single member LLC, how does one use their EIN instead
Hi. For a single member LLC, how does one use their EIN instead of their SSN on the 1040 form/ Schedule E?… read more
NPVAdvisor
NPVAdvisor
CFP Licensee and Practitioner
Master's Degree
180 satisfied customers
I am a partner in a family business. about 15% owner. i am
hello, i am a partner in a family business. about 15% owner. i am starting a small sole proprietorship mail order business and am getting an EIN number. i just read that if i already have an EIN numbe… read more
NPVAdvisor
NPVAdvisor
CFP Licensee and Practitioner
Master's Degree
180 satisfied customers
I have a question regarding my LLC and ein number, I created
Hello, I have a question regarding my LLC and ein number … read more
ABC Accounting Group
ABC Accounting Group
Bachelor\u0027s Degree
848 satisfied customers
How are you doing? I am filling out the Form 8832 to convert
I am filling out the Form 8832 to convert sole proprietorship to partnership for LLC. I need help to fill out the Part II: Lete Election Relief … read more
Anne
Anne
Master Tax Preparer
1,328 satisfied customers
I've been running my business with a DBA for several years.
I've been running my business with a DBA for several years. I just received my LLC paperwork back, but I'm wondering if it wouldn't be a better idea to wait until January 1, 2017 to begin operating un… read more
NPVAdvisor
NPVAdvisor
CFP Licensee and Practitioner
Master's Degree
180 satisfied customers
Wondering how to open a small business account and what
Hi wondering how to open a small business account and what would be the smartest way to open it … read more
NPVAdvisor
NPVAdvisor
CFP Licensee and Practitioner
Master's Degree
180 satisfied customers
I am a single person LLC. In 2014 I had elected to be taxed
I am a single person LLC. In 2014 I had elected to be taxed as an S-Corp, but terminated that status and will be filing taxes on my personal 1040's. I have W2's from a side job that I do under my norm… read more
Jason M. Tyra, CPA
Jason M. Tyra, CPA
Principal
Master\u0027s Degree
168 satisfied customers
I have a tax question about online EINS. It says: Like -
I have a tax question about online EINS. https://www.irs.gov/Businesses/Small-Businesses-&-Self-Employed/Apply-for-an-Employer-Identification-Number-%28EIN%29-Online It says: Like - Click this link to… read more
emc011075
emc011075
Senior Tax Specialist
Bachelor's Degree
16 satisfied customers
I am a clinical psychologist. Last year, 2014, I created an
I am a clinical psychologist. Last year, 2014, I created an LLC in the State of Hawaii, with a plan to start my own private practice. It is a sole member LLC (company name in initials: "PH") by IRS, a… read more
NPVAdvisor
NPVAdvisor
CFP Licensee and Practitioner
Master's Degree
180 satisfied customers
I opened up an single member LLC in Nevada last year and was
I opened up an single member LLC in Nevada last year and was looking at transferring my rental properties located in VA and AZ into it. 1) I just found out that if I have a mortgage on it, the lender … read more
Megan C
Megan C
Certified Public Accountant (CPA)
Master's Degree
2,222 satisfied customers
I am looking to open an LLC. My top priority is privacy, followed
I am looking to open an LLC. My top priority is privacy, followed by cost. I am a California Resident. I do business online via eBay/paypal/etc. Most my customers come from outside the US, some even i… read more
Megan C
Megan C
Certified Public Accountant (CPA)
Master's Degree
2,222 satisfied customers
I am in the process of starting up a business using
I am in the process of starting up a business using Quickbooks. In getting the business started, I have paid for a lot of items out of my own pocket, and I'm trying to figure out the best way of accou… read more
keeperumiami
keeperumiami
Sr Financial & Tax Consultant
Bachelor\u0027s Degree
1 satisfied customers
I want to create an LLC. I will be the only participant and
I want to create an LLC. I will be the only participant and the LLC will own only my rental real estate. There will be no employees. I would like to show the properties on my Schedule E as opposed to … read more
Rakhi Vasavada
Rakhi Vasavada
Financial and Legal Consultant
Bachelor's Degree
2,609 satisfied customers
Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

Show MoreShow Less

Ask Your Question

x