What does it consist?
2006-10-24 08:24:12 · 7 answers · asked by bayareaal 1 in Education & Reference ➔ Other - Education
An Employer Identification Number (EIN) is also known as a Federal Tax Identification Number, and is used to identify a business entity. Generally, businesses need an EIN. You may apply for an EIN in various ways, and now you may apply online . You must check with your state to make sure you need a state number or charter.
is a nine-digit number that the IRS assigns to business entities. The IRS uses this number to identify taxpayers that are required to file various business tax returns. EINs are used by employers, sole proprietors, corporations, partnerships, non-profit organizations, trusts and estates, government agencies, certain individuals and other business entities.
2006-10-24 08:26:54 · answer #1 · answered by dandyl 7 · 4⤊ 0⤋
It's called a Federal Tax ID number - It's the equivelent of a Social Security Number, but for a corporation, not an individual...
2006-10-24 15:27:26 · answer #2 · answered by Yo LO! 6 · 0⤊ 0⤋
Assuming you are in the USA, a Federal ID number is like a Social Security Number.
A SSN (Social Security Number) is for US citizens.
A EIN (Employer Identification Number) is for entities who pay taxes. Corporations, etc...
A Federal ID Number is a "tracking number" if you will that identifies individuals (not necessarily US citizens) for reporting purposes.
2006-10-24 15:31:31 · answer #3 · answered by kja63 7 · 0⤊ 0⤋
Same as an Employer I.D. number or E.I.N., it's a number to identify every business in the country.
2006-10-24 15:28:02 · answer #4 · answered by dundalk1 3 · 0⤊ 0⤋
It is an ID, like a Social Security Number, assigned to businesses for their taxes.
2006-10-24 15:25:34 · answer #5 · answered by Dentata 5 · 1⤊ 0⤋
It basically is a social security number for a business or trust, or some other money making enterprise other than an individual.
2006-10-24 15:27:00 · answer #6 · answered by finaldx 7 · 0⤊ 0⤋
We use Federal I.D. numbers for purchase oders,We don't pay taxes then.
2006-10-24 15:26:05 · answer #7 · answered by Having Fun 2 · 0⤊ 1⤋