The title of this thread was updated from its original title: “New to square , need assistance”.
I recently decided to go with square instead of just accepting cash and checks. My business is services rendered not a storefront or a company with an inventory. I have yet to register my business yet . To accept payments without a problem to be transfered to my bank account , would I be required to have a business tax ID, ein number , ect. Or would I just be able to charge a payment to go directly into my personal bank account untill I get sufficient funds to organize my business professionally .
Thanks for all of your help and time .
Bryce [personal information redacted]
This reply was created from merging an existing thread: Tax EIN
Should I get a tax EIN number from my tax preparer and enter it in at a later time? If so how do I enter it in?
@LeeP You can use Square without an EIN. If you do get an EIN at a later date you can add it from your online Square Dashboard:
- Sign in to your account at squareup.com/dashboard.
- Click Account & Settings > then click Business > Tax Forms.
- Click on a location name/your business name to enter your EIN.
If you have any other questions about this reply here!
Seller Community Manager, Square