Toni Prevosti is opening a new business, Prevosti Farms and Sugarhouse, which is a small company that will harvest, refine, and sell maple syrup products. In subsequent chapters, you will have the opportunity to establish payroll records and complete payroll information for Prevosti Farms and Sugarhouse.
Toni has decided that she needs to hire employees for the business to grow. Complete the application for Prevosti Farms and Sugarhouse’s Employer Identification Number (Form SS-4) with the following information:
Prevosti Farms and Sugarhouse is located at 820 Westminster Road, Bridgewater, Vermont, 05520 (which is also Ms. Prevosti's home address), phone number 802-555-3456. Bridgewater is in Windsor County. Toni, the responsible party for a Limited Liability Corporation with one member, has decided that Prevosit Farms and Sugarhouse will pay its employees on a biweekly basis. Toni’s social security number is 055-22-0443. The beginning date of the business is February 1, 2017. Prevosti Farms and Sugarhouse will use a calendar year as its accounting year. Toni anticipates that she will need to hire six employees initially for the business, three of whom will be agricultural and three who will be office workers. The first date of wage disbursement will be February 13, 2017. Toni has not had a prior EIN.
Prepare Form SS-4 for Prevosti Farms.