Federal Tax ID (EIN)

$75.00

A federal tax ID, also known as an Employer Identification Number, is a unique number assigned to your business by the IRS.

The IRS requires most business entities to use a federal tax ID (EIN)—corporations, partnerships, most LLCs, and some sole proprietorships. A federal tax ID offers other benefits, even when it isn’t required by the IRS. For instance, it can help protect against identity theft, and it’s often a prerequisite for opening a business bank account.

Category: SKU: BSL-001-1 Tag:

Description

What is a federal tax ID? A federal tax ID (officially known as an Employer Identification Number or EIN) is a unique number assigned to a business or organization by the IRS. A business uses its federal tax ID much like a person uses a Social Security number.

Why get a federal tax ID (EIN)?

Essential for most businesses If your business will have employees or file taxes, you probably need a federal tax ID from the IRS.

Often required for business banking Banks usually ask for a federal tax ID before opening a business bank account or line of credit.

Helps shield against identity theft Sole proprietors may use a federal tax ID to help keep their own Social Security numbers private.

Reviews

There are no reviews yet.

Be the first to review “Federal Tax ID (EIN)”