Posted by BrendaTx on 1/2/13 6:00pm Msg #448544
First tip of 2013 for new notary business owners
Don't use your SS# - get an EIN
Protect your SS# - give the signing services and other hiring entities your EIN.
http://en.wikipedia.org/wiki/Employer_Identification_Number#EIN_format
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Reply by Karla/OR on 1/2/13 6:41pm Msg #448548
Good advice! Also used it when I opened up my business bank account.
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Reply by BrendaTx on 1/2/13 8:25pm Msg #448561
Second tip of 2013 - go big, or go home.
Well, what I really mean, is that there are just some things you don't want to scrimp on.
A good office chair, printers and places that you sign up for work, for instance. You've got to have a place that won't make your back hurt when you sit for long periods of time marketing your business, you need a good reliable printer (or, two), and you've got to pay for a premium membership here on NR.
You get a free fax line here on NR...that's huge. Plus, Signing Central, and better placement on the directory.
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Reply by NJ_Notary on 1/3/13 12:16am Msg #448591
third tip.. Work hard, but work even Smarter then play even
harder... :-)
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Reply by NJ_Notary on 1/3/13 12:18am Msg #448592
Great tip Brenda!
Im still amazed how many use their SS# instead of applying and using an E-I-N. Its so easy to obtain. Have a Happy New Year friend!
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Reply by BrendaTx on 1/3/13 8:23am Msg #448606
You, too! n/m
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Reply by 101livescan on 1/3/13 9:50am Msg #448626
Thanks for all the great tips! Happy January 3, 2013...my first two signings of the year, did not flub up and write 2012 in my notary instruments. Yeehaw...laying low today, caught a bad cold all on my own.
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Reply by SE/Florida on 1/3/13 11:31am Msg #448645
Brenda, would you recommend an EIN for part-timers as well? I mean REALLY part-timer?
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Reply by Darlin_AL on 1/3/13 11:52am Msg #448652
yes, for part-timers..
The IRS has a page online, but it's posted to be down for a few more days. As soon as it's up I am getting one; why not? it's free & you have to file SE paperwork anyway, even if part -time, random, whatev er the status. I should've gotten it already...the cleanup caused by ID theft is a real time-sucker not to mention the stress.
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Reply by SE/Florida on 1/4/13 6:16am Msg #448793
Re: yes, for part-timers..
True Darlin, think I will go ahead and do the same. By the way, I suppose the "AL" in your ID is for Alabama, is that right? Just wondering because that's my home! Born and raised and lived in Montgomery for most of my life until about eight years ago. Guess this isn't conversation for the forum, just curious though. Thanks for the info., I'll keep checking the IRS site and get my TIN # as well.
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