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.

Answer 1

Ans: Toni Prevosti is opening a new business, Prevosti Farms and Sugarhouse

Line Number in the Form	Details required	Information Supplied
1	Legal name of entity (or individual) for whom the EIN is being requested	Prevosti Farms and Sugarhouse
2	Trade name of business (if different from name on line 1)	Same as line 1
3	Executor, administrator, trustee, “care of” name	Toni Prevosti
4a	Mailing address (room, apt., suite no. and street, or P.O. box)	820 Westminster Road
4b	City, state, and ZIP code (if foreign, see instructions)	Windsor County, Zip code- 05520
6	County and state where principal business is located	Windsor County
7a	Name of responsible party	Toni Prevosti
7b	SSN, ITIN, or EIN	SSN - 055-22-0443
8a	Is this application for a limited liability company (LLC) (or a foreign equivalent)?	No
9a	Type of entity (check only one box). Caution. If 8a is “Yes,” see the instructions for the correct box to check	Sole proprietor (SSN) 055-22-0443
10	Reason for applying (check only one box)	Started new business (specify type) -  harvest, refine, and sell maple syrup products
11	Date business started or acquired (month, day, year). See instructions	February 1, 2018
12	Closing month of accounting year	December
13	Highest number of employees expected in the next 12 months (enter -0- if none). If no employees expected, skip line 14.	Expected Employees is 6 In Agriculture - 3 For other - 3
14	If you expect your employment tax liability to be $1,000 or less in a full calendar year and want to file Form 944 annually instead of Forms 941 quarterly, check here. (Your employment tax liability generally will be $1,000 or less if you expect to pay $4,000 or less in total wages.) If you do not check this box, you must file Form 941 for every quarter.
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.	Manufacturing
17	Indicate principal line of merchandise sold, specific construction work done, products produced, or services provided.	Maple Syrup produced
18	Has the applicant entity shown on line 1 ever applied for and received an EIN?	No
	Third Party Designee	Designee’s name- Toni Prevosti Address and ZIP code- 820 Westminster Road, Bridgewater, Vermont, 05520 Designee’s telephone number (include area code)- 802-555-3456