ITIN vs. SSN – When Should You Use Each?

When dealing with taxes, banking, or employment in the U.S., you may need either an Individual Taxpayer Identification Number (ITIN) or a Social Security Number (SSN). While both serve as taxpayer identification numbers, they have distinct purposes and eligibility requirements. Understanding the differences between ITIN and SSN will help you determine which one you need.

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What Is IRS Form 2553? How to Elect S Corporation Status for Your Business | TAXtical

Learn what Form 2553 is, who needs to file it, and why electing S corp status can save you money. Expert guidance from TAXtical to help you file on time and stay compliant.

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What Is IRS Form W-4? A Must-Know Guide for Employees and Employers

Wondering what IRS Form W-4 is and why it's important? Learn how this form determines your paycheck withholding and how TAXtical helps you get it right.

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What Is Schedule C? A Guide for Freelancers and Small Business Owners | TAXtical

Learn what IRS Schedule C is, who needs to file it, what business income and deductions are reported, and how TAXtical helps you save on taxes as a sole proprietor.

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1099-MISC vs. 1099-NEC: Key Differences & Who Gets What | TAXtical

Confused about 1099-MISC vs. 1099-NEC? Learn which form to use, who receives it, and why it matters. Simplify tax reporting with TAXtical’s expert support.

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What Is Form 1099-MISC? Who Gets It & How to Report Miscellaneous Income | TAXtical

Form 1099-MISC reports rent, prizes, legal payments, and other nonemployee income. Learn who gets it and how to file properly with help from TAXtical LLC.

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What is a W-2 Form? Decode & File Your U.S. Taxes with TAXtical

Learn what your Form W-2 means, where to find crucial information for your tax return, and how TAXtical uses it to ensure accurate filing.

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Medicare vs. Medicaid: Differences, Eligibility & Coverage | TAXtical

Confused about Medicare and Medicaid? Learn the key differences, eligibility rules, and coverage options in this guide from TAXtical’s healthcare planning experts.

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U.S. Sales Tax: Guide to Compliance & Avoiding Pitfalls | TAXtical

Learn how U.S. sales tax works, where your business must collect it, and how to stay compliant across states while avoiding costly sales tax mistakes.

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S Corporation vs LLC vs Sole Proprietor | TAXtical Guide

Compare S Corp, LLC, and Sole Proprietor business structures. Understand the differences in taxation, liability, and compliance to choose the right fit for your business with TAXtical.

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