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hey there freedom as you get your creative business up and running theres so many things to understand the question i get a lot is what is a tax id or ein number do i need one what is it used for how do i get one in todays video well discuss when you need one how to get one and what its used for so lets dive in the second that you receive money in exchange for a product or service you have earned income earned income makes you responsible for taxes so you want to start tracking the income and the expenses that go along with that income in order to understand your tax liability when you trade cash for your project service you become a sole proprietor there is no registration needed it is automatic the name of your sole proprietorship defaults to your name and your social security number will be the number that you use on any tax forms like w9 1099 or schedule c when filing your taxes if youve decided this is something you want to do more regularly or
