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Why 95% of Single-Member LLC Owners Should NOT have an EIN

In the world of business, simplicity often wins. If you're a single-member Limited Liability Company (LLC) owner, the decision to apply for an Employer Identification Number (EIN) may not be as straightforward as it seems. In fact, for the majority of single-member LLCs, having an EIN is unnecessary and can add unnecessary complexity. Here's why 95% of single-member LLC owners should not have an EIN.

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