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, ...
Your employer identification number (EIN), or FEIN, allows you to do business and report financial information to the Internal Revenue Service. However, an EIN number is a public record, making your ...
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 ...
Discover the importance of an EIN number and its role in business identification and taxation. Learn how to obtain and utilize an EIN effectively. As you embark on your entrepreneurial journey, the ...
Kiah Treece is a former attorney, small business owner and personal finance coach with extensive experience in real estate and financing. Her focus is on demystifying debt to help consumers and ...
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 ...
What is a state tax ID number, and what is it for? A state tax ID number is sometimes called a state employer ID, state EIN or state tax registration. It’s assigned by a state to identify a business ...
A Taxpayer Identification Number (TIN) is a unique nine-digit number the Internal Revenue Service uses to identify individual taxpayers. A TIN can come in different varieties, including Social ...
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 ...