An Employer Identification Number (EIN), also known as a Federal Tax ID Number, is a nine-digit number assigned by the IRS. It is used to identify the tax accounts of employers and business entities. The IRS uses the number to identify taxpayers that are required to file various business tax returns.
EINs are used by employers, sole proprietors, corporations,partnerships, non-profit associations, trusts, estates of decedents, government agencies, certain individuals, and other business entities.
The EIN is used on all items sent to the IRS and the Social Security Administration. An EIN is for use in connection with business activities only, not in place of a social security number.
Visit this EIN government website link for answers the following questions:
- What is an EIN, aka "Federal Tax ID Number"?
- What business types need to apply for an EIN?
- Special rules for corporations, partnerships, sole props etc. and much more.
