1) Does owning an EIN mean I have a business? If I want a business later (probably an LLC I suppose) can I use my new EIN? I googled for "how to start a business", and most of what I found seemed pretty involved. I could not find a simple guide like "You need X, Y, Z to be considered a business." I live in Florida.
2) Does clickbank take out taxes? They say I get sent a 1099. I couldn't figure out if that meant taxes were taken out already or if I have to figure out this kind of stuff myself (???)
Thanks for any help.