Sole proprietors are required to obtain an employer identification number, or EIN, if they have employees, are required to file pension information, pay excise taxes or file returns for alcohol, ...

The financial backbone of any business is the employer identification number. It's needed for credit applications, tax returns and state permits and licenses. Without it, business activity and growth ...

The majority of business owners have an SSN and an EIN. ITINs, on the other hand, have a specific use case. Many, or all, of the products featured on this page are from our advertising partners who ...

If you’re diving into the world of taxes, starting a business, or filling out financial paperwork, you’ve likely come across the terms EIN and TIN. While they may sound similar, these two tax ...

Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors' opinions or evaluations. An EIN (Employer Identification Number) is a unique ...

Kiah Treece is a former attorney, small business owner and personal finance coach with extensive experience in real estate and financing. Her focus is on demystifying debt to help consumers and ...

When you open a new business, applying for an employer identification number (EIN) may need to be near the top of your priority list. While not every business needs an EIN, many do. Nearly 5.4 million ...

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 ...

An Employer Identification Number (EIN) is a nine-digit number that IRS assigns in the following format: 00-0000000. The IRS uses the number to identify taxpayers who are required to file various ...

In some cases, you may be able to get a business loan with only an EIN, or employer identification number. Whether or not your business can get a loan will depend on your business credit score, which ...