Question

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 has decided that Prevosti Farms and Sugarhouse, the responsible party for a sole proprietorship, 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, 2018. 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, 2018. Toni has not had a prior EIN.

Required:

Prepare Form SS-4 for Prevosti Farms. (Enter data only for fields requiring information from the problem statement above. If any of the fields are irrelevant, ensure to leave them blank.)

Answer 1

EIN SS-4 Application for Employer Identification Number OMB No. 1545-0003 (For use by employers, corporations, partnerships, trusts, estates, churches, (Rev. December 2017) government agencies, Indian tribal entities, certain individuals, and others.) Department of the Treasury Go to www.irs.gov/Form SS4 for instructions and the latest information. intomal Revenue Service See separate instructions for each line. Keep a copy for your records. 1 Legal name of entity for individual) for whom the EIN is being requested Prevosti Farms and Sugarhouse 2 Trade name of business (if different from name on line 1) 3 Executor, administrator, trustee, "care of name Type or print clearly. 4a Mailing address room, apt., suite no. and street, or P.O. box) 5a Street address (if different) (Do not enter a P.O. box.) = 820 Westminster Road 4b City, state, and ZIP code (if foreign, see instructions) 5b City, state, and ZIP code (if foreign, see instructions) Bridgewater, Vermont, 05520 6 County and state where principal business is located Windsor County 7a Name of responsible party 7b SSN, ITIN, or EIN Toni Prevosti 055-22-0443 Ba Is this application for a limited liability company (LLC) 8b If Ba is "Yes," enter the number of (or a foreign equivalent)? .. .. Yes No LLC members. . . . . . 8cf8a is "Yes," was the LLC organized in the United States? ... ... . . .. ... .... Yes No 9a Type of entity (check only one box). Caution. If Ba is "Yes," see the instructions for the correct box to check. Sole proprietor (SSN) 055-22-0443 Estate (SSN of decedent) Partnership Plan administrator (TIN) Corporation (enter form number to be filed) Trust (TIN of grantor) Personal service corporation Military/National Guard State/local government Church or church-controlled organization Farmers' cooperative Federal government Other nonprofit organization (specify) REMIC Indian tribal governments/enterprises Other specify) Group Exemption Number (GEN) if any 9b Ifa corporation, name the state or foreign country (if State Foreign country applicable) where incorporated 10 Reason for applying (check only one box) Banking purpose (specify purpose) Started new business (specify type) Changed type of organization (specify new type) Purchased going business Hired employees (Check the box and see line 13.) Created a trust (specify type) Compliance with IRS withholding regulations Created a pension plan (specify type) Other (specify 11 Date business started or acquired (month day, year). See instructions. 12 Closing month of accounting year December February 1, 2018 If you expect your employment tax liability to be $1,000 or 13 Highest number of employees expected in the next 12 months (enter -o- if none). less in a full calendar year and want to file Form 944 annually instead of Forms 941 quarterly, check here. If no employees expected, skip line 14. (Your employment tax liability generally will be $1,000 or less if you expect to pay $4,000 or less in total wages.) Agricultural Household Other If you do not check this box, you must file Form 941 for every quarter. U 15 First date wages or annuities were paid (month, day, year). Note: If applicant is a withholding agent, enter date income will first be paid to nonresident alien (month, day, year). February 13, 2018 16 Check one box that best describes the principal activity of your business. Health care & social assistance Wholesale-agent/broker Construction Rental & leasing Transportation & warehousing Accommodation & food service Wholesale-other Retail Real estate Manufacturing Finance & insurance Other (specify) Harvesting and Production of maple syrup 17 Indicate principal line of merchandise sold, specific construction work done, products produced, or services provided. Harvesting, Refining, and Selling of maple syrup products 18 Has the applicant entity shown on line 1 ever applied for and received an EIN? Yes No If "Yes," write previous EIN here Complete this section only if you want to authorize the named individual to receive the entity's EIN and answer questions about the completion of this form. Third Designee's name Designee's telephone number (Include area code) Party Designee Address and ZIP code Designee's fax number (Include area code) 14 Under penalties of perjury. I declare that I have examined this application, and to the best of my knowledge and belet, It is true, correct, and complete Name and title type or print clearly Toni Prevosti, Owner Applicant's telephone number include area code 802-555-3456 Applicant's fax number (include area code) Signature Date For Privacy Act and Paperwork Reduction Act Notice, see separate instructions. Cat. No. 16065N Form SS-4 (Rev. 12-2017)