I recently got an EIN, at the advice of every freelancer I have come across. I done a lot of reading and what I don't get is when I file taxes, do I file one for my EIN and one for my SSN? Am I correct in assuming I will have to pay taxes twice?
Am I also correct in assuming that when using an EIN, that automatically makes me an Employee and Employer. And since that's the case, I would have withhold tax on myself by filing a W2, while at the same time filing taxes as a employee with my SSN?