When adding your first bank account on Hemlane, you will be asked to include your Employer Identification Number (EIN) associated with the account. This is for verification purposes and will not be used to compare against future bank accounts being added in.
In the event that Hemlane files a 1099-K for you, our team can work with you to ensure that this is separated out for each LLC. To see if you qualify for a 1099-K, please see our requirements here: Does Hemlane file my 1099 tax forms?
For more information on this topic, please visit these articles:
- Can I add multiple bank accounts where each property has a different account?
- How do I add a new bank account as an owner or manager?
- How do I pay my subscription from two different accounts?
Keywords: LLC, bank accounts, new bank, taxes, EIN, add bank account, owner