Step 1—Determine whether you need an EIN Step 2—Apply for an EIN Click to expand Key Takeaways If your business employs workers, withholds taxes, or operates as a corporation or partnership, or meets other criteria, you will likely need an Employee Identification Number (EIN) to...
Federal tax ID vs. EIN In short, an employer identification number EIN is the same as a federal tax ID, and the names are interchangeable. Occasionally, you may hear it referred to by another name or acronym. For example, sometimes it’s called a taxpayer identification number, or TIN. ...
to businesses that file taxes with the IRS. The EIN is a unique nine-digit number that unambiguously identifies the reporting entity. In addition to its role as a business tax ID number, the EIN is often used for financial and banking purposes. If you have lost the EIN for your business ...
Without a business tax ID number you won't be able to withhold taxes from your employees' pay or send the money to the IRS. Nor file employment tax returns. Not having the tax ID number can result in severe IRS penalties. When is an EIN is required? You need to obtain an EIN from...
Learn how to get a business tax ID number (EIN) and how to look up other businesses' EINs. Get the information you need to file taxes and more.
Your business’s EIN (Employer Identification Number) or tax ID number (Sole proprietors are able to use the owner’s Social Security number) Articles of Incorporation, Articles of Organization, or a charter or a similar legal document that indicates when your company was formed (not required ...
Your Social Security number Your Employer Identification Number (EIN) or Tax ID number The business name The business structure You might also need to provide some information about your company’s financial situation, such as sales and profit figures, as well as information about when and where ...
An Employer Identification Number (EIN) is your business’s federal tax ID number. Most businesses require an EIN to file business taxes, but not all. According to the IRS, you need to apply for an EIN if any of the following items apply to your business: You have employees. Your busine...
Business Taxpayer Identification Number(s) (EIN). Your Federal Taxpayer Identification Number can be obtained through the IRS, and certain states require a state taxpayer ID number as well. A Social Security Number can substitute for this
Business tax ID: This can be an EIN or your social security number (if you're a sole proprietor). Estimated revenue: Total revenue before taxes or other expenses are deducted. Years in business: How long has your business been around? The number of employees: Enter one if you have no ...