An EIN is really easy to get, doesn't cost anything, and you don't have to use it. We have one for our sole proprietorships so we could open an individual 401K on the tutoring income. There's a form on the federal IRS website to get it.
I can tell you're upset about all the paperwork you have to fill out for a hobby. It drives me nuts too, but if you want to be legal about it, that's what you have to do. I really hate government regulations and how they make things harder for small businesses in order to "protect" people from shoddy goods and services. It kills innovation because big business can start out as hobbies and small businesses.
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Date: 2013-04-20 04:10 pm (UTC)From:I can tell you're upset about all the paperwork you have to fill out for a hobby. It drives me nuts too, but if you want to be legal about it, that's what you have to do. I really hate government regulations and how they make things harder for small businesses in order to "protect" people from shoddy goods and services. It kills innovation because big business can start out as hobbies and small businesses.
--Beth