Wednesday, March 5, 2014

What is an EIN?


An Employer Identification Number (EIN) is also known as a federal tax identification number. An EIN is used to identify a business entity. Generally, businesses need an EIN, for example, to open a business bank account.  You can apply for an EIN in various ways, including online.  This is a free service offered by the IRS.  For more information, see http://www.irs.gov/Businesses/Small-Businesses-&-Self-Employed/Employer-ID-Numbers-EINs


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