Record IRS applications show a solo AI startup boom is underway in the US

rohanpaul_ai · x · 2026-10-04

US Treasury data backs the claim that now is the best time to start a company alone: the IRS is seeing record numbers of tax ID (EIN) applications and payment portal requests. Treasury Secretary Bessent says new business formation is visible in IRS data, and he believes tiny AI startups are a big part of this record surge — official evidence that AI tooling is making one-person companies a viable business model.

Related event: IRS Data Shows Record New Business Registrations Driven by One-Person AI Startups(2 posts)→

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