New EIN for an LLC?

[ttbtaxes]

A Schedule C client, with no employees, called to let me know he formed an LLC (single member)for his existing Schedule C. He had an EIN for his existing Schedule C which he used for vendor and sales tax purposes.

Question:

1) Does he need to apply for a new EIN for the LLC?

2) New sales tax registration too?

[Gretel]

A Schedule C client, with no employees, called to let me know he formed an LLC (single member)for his existing Schedule C. He had an EIN for his existing Schedule C which he used for vendor and sales tax purposes.

Question:

1) Does he need to apply for a new EIN for the LLC?

2) New sales tax registration too?

I'll answer no. 1, yes, since this is a separate legal entity he needs to have a new EIN.

[Acownt4it]

no need for Feds

Per irs.gov website: http://www.irs.gov/Businesses/Small-...d-a-New-EIN%3F

•A new LLC with one owner (single member LLC) is formed under state law, does not choose to be taxed as a corporation or S corporation, and has no employees or excise tax liability.

State: depends. which state are you in?