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 ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Michael Rosenston is a fact-checker and researcher with expertise in business, finance, and ...

An EIN, also called a federal identification number, is a unique business tax ID number that you can get online in just a few minutes. Many, or all, of the products featured on this page are from our ...

EIN serves as a unique identifier for businesses, similar to an individual's SSN. Businesses, especially with employees or those needing to file certain taxes, must obtain an EIN. Applying for an EIN ...

An Employer Identification Number is a business owner's version of a Social Security number. Sole proprietors like freelancers may also apply for one, which will allow them to keep their SSN safe ...

Discover the importance of an EIN number and its role in business identification and taxation. Learn how to obtain and utilize an EIN effectively. As you embark on your entrepreneurial journey, the ...

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, ...