Tag Archives: EIN

About Employer Identification Number (EIN) and apply for it

An Employer Identification Number (EIN) is also known as a Federal Tax Identification Number, and is used to identify a business entity. Generally, every businesses need an EIN to electronically report their taxes with the IRS. Employer Identification Numbers are issued for the purpose of tax administration and are not intended for participation in any other activities (e.g., tax lien auction or sales, lotteries, etc.). If you don’t have one for your business, apply for it today and allow upto 15 days to get one in your preferred name.

Check here: Do You Need an EIN? 

Determine Your Eligibility

  • You may apply for an EIN online if your principal business is located in the United States or U.S. Territories.
  • The person applying online must have a valid Taxpayer Identification Number (SSN, ITIN, EIN).
  • You are limited to one EIN per responsible party per day.

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All You Need to Know About EIN? Do You Own One

Business owners and individuals interested in starting a business it is essential to have an employer identification number issued by the Internal Revenue Service for taxation purposes. It is important for businesses to enter the employer identification number when filing tax return. Taxpayers should keep in mind that the EIN is issued by the IRS is not intended for using for any other purpose such as sales and lotteries. Moreover, being somewhat similar to the Social Security Number, EIN is a 9 digit unique identification number mostly used by sole proprietors, corporations, partnerships, non-profit organizations, government agencies, and other business entities. Continue reading