Jacqueline DeMarco is a writer who specializes in financial topics. Her first job out of college was in the financial industry and it was there she gained a passion for helping others understand ...

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, ...

Your employer identification number (EIN), or FEIN, allows you to do business and report financial information to the Internal Revenue Service. However, an EIN number is a public record, making your ...

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 ...

What is a state tax ID number, and what is it for? A state tax ID number is sometimes called a state employer ID, state EIN or state tax registration. It’s assigned by a state to identify a business ...

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 ...

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 ...

No, you don’t always need an EIN to open a business bank account. But there are benefits to getting one. Many, or all, of the products featured on this page are from our advertising partners who ...

With special thanks to Lauren Swerdloff, Erin Walczewski, Tracey Christofferson Sullivan, and Amanda Hartman for their contributions. Nonprofit founders are often surprised to learn that the United ...

You can get the form online or by calling the IRS for a copy. Many lenders require IRS Form SS-4 for underwriting. Many, or all, of the products featured on this page are from our advertising partners ...