An employer identification number (EIN) is issued by the Internal Revenue Service (IRS) to identify a business for tax administration purposes. It’s also used to complete some core business tasks, ...

One of the primary distinctions between a business license and a tax ID number is that of obligation. Some licenses are legal requirements while other licenses or a tax ID number may be optional. A ...

Opinions expressed by Entrepreneur contributors are their own. Q: I want to start a new onlinebusiness and don’t really know where to start. Do I have to geta U.S. federal tax ID number? If so, where ...

Sole proprietors and single-member LLCs without employees don’t always need EINs, but there are benefits to getting one. Many, or all, of the products featured on this page are from our advertising ...

According to the writers for the U.S. Small Business Administration, state tax ID and federal tax ID numbers allow small businesses to properly pay their state and federal taxes each year. For ...

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 ...

An EIN is a federal tax ID number for an entity, estate, trust, or other organization. For example, the following are generally required to obtain an EIN: partnerships, limited liability companies ...

The Internal Revenue Service needs to do more to prevent inactive Employer Identification Numbers from being used to commit business identity theft and tax fraud, according to a new government report.

Often in healthcare transactions, retaining a federal Employer Identification Number (“EIN”) after an acquisition or restructuring is essential to the continuity of operations, regulatory compliance, ...

A federal employer identification number (EIN), also sometimes referred to as a tax identification number, is a nine-digit code that businesses use to identify themselves for tax reporting, banking, ...

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 ...