An employer identification number (EIN) identifies a business to the IRS the way an individual is tagged by his Social Security number. Where an individual writes down his Social Security number on a return, a business uses an EIN. Corporations, which are legally separate from their owners, n...
And if you already have one but have lost track of it, look up your EIN before applying for another. Follow these steps to get an EIN: 1. Make sure you’re eligible to get an EIN online To get an employer identification number online, you’ll need to meet these requirements: Your ...
One of the most challenging aspects of running a business is preparing for tax season. For most new business owners, this begins by applying for a federal employer identification number (FEIN). Let's look at how a FEIN works and how you can apply for one. [Read more:5 Types of Organiza...
Looking up the Employer EIN (Employer Identification Number)– The Department of Education has a great resource called thePSLF Help Tool. Borrowers can investigate employer eligibility using the employer’s EIN. The SEC hasa search engine that allows people to look up a company’s EIN, though th...
Sign Up Types of TIN numbers Social Security numbers are the most common tax ID numbers, but there are four other kinds that are popular, too. Skip down to learn more about each type of taxpayer identification number: Individual taxpayer identification number Employer identification number Adoption...
Your Employer Identification Number (EIN) is key to your business. Learn how to look up your lost EIN, apply for an EIN and when and why you'll need a new EIN.
Before you hire your first employee, you’ll need to set up your EIN, or Employer Identification Number. Also known as a federal tax ID number, this will allow your business to be recognized for tax purposes. You can read all about the process of getting your EIN in our article:How to...
Before you hire anyone (and in order to set up payroll), you’ll need to get an employer identification number (EIN) from the IRS. EIN’s are also known as an “employer tax ID.” You use it to report taxes and other information to your state agencies and the IRS. ...
If you’re self-employed, the federal government thinks of you as both employer and employee—so you’re stuck paying the full 15.3%. Ouch! It’s kind of like going out to get some tacos with a friend and when it’s time to split the check, they’re like, “Oh man, I can’t ...
The term employer identification number (EIN) refers to a unique identifier that is assigned to a business entity so that it can easily be identified by theInternal Revenue Service(IRS). EINs are commonly used by employers for the purpose of reportingtaxes. The number is made up of nine digi...