An employer identification number (EIN) is issued by the Internal Revenue Service (IRS) to identify a business for tax administration purposes. It’s also used to complete some core business tasks, ...

Sole proprietors are required to obtain an employer identification number, or EIN, if they have employees, are required to file pension information, pay excise taxes or file returns for alcohol, ...

When you open a new business, applying for an employer identification number (EIN) may need to be near the top of your priority list. While not every business needs an EIN, many do. Nearly 5.4 million ...

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An EIN is a unique nine-digit identifier assigned by the IRS, essential for business taxes. Businesses needing an EIN include those with employees, LLCs, or those in bankruptcy. Applying for an EIN ...

Your nonprofit organization needs an employer identification number (EIN) even if it doesn't have any employees. An EIN for a nonprofit identifies it to the IRS the way a Social Security number ...

The majority of business owners have an SSN and an EIN. ITINs, on the other hand, have a specific use case. Many, or all, of the products featured on this page are from our advertising partners who ...

Janet Berry-Johnson, CPA, is a freelance writer with a background in accounting and income tax planning and preparation for individuals and small businesses. Her work has appeared in Business Insider ...

A 9-digit number obtained by a business with paid employees from the IRS. If you're a sole proprietorship, your EIN is your social security number. If you have one or more employees, you’re required ...

Keeping your personal and business expenses separate is crucial as a business owner, and an Employer Identification Number (EIN) is the best way to do so. An EIN number can help you keep your Social ...