When adding your first bank account on Hemlane, you will be asked to include the Employer Identification Number (EIN) associated with the account. This is for verification purposes only and will not be used to compare against any future bank accounts you add.
If Hemlane files a 1099-K on your behalf, our team can work with you to ensure it is properly separated out for each LLC. To see whether you qualify for a 1099-K, please visit our article “Does Hemlane file my 1099 tax forms?”
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Keywords: LLC, bank accounts, new bank, taxes, EIN, add bank account, owner