what is tax id,how its work,what to do to get it?

Answer 1

There are several types of tax identifications in the federal, state and the local level. (For individuals, you've got Social Security Number (SSN) & Individual Taxpayer Identification Number (ITIN); for the business Employer identification Number (EIN), or State business Employer identification number, etc.)

In general, an employer identification number, or EIN, is also known as a taxpayer identification number, or TIN. A sole proprietorship that has no employees and files no excise or pension tax returns and a LLC with a single owner (where the owner will file employment tax returns) are the only businesses that do not need an employer identification number. In these instances, the sole proprietor uses his or her social security number as the taxpayer identification number.

Application for EIN is:
http://www.irs.gov/pub/irs-pdf/fss4.pdf

The website for it:
http://www.irs.gov/businesses/small/article/0,,id=98350,00.html

Apply online:
https://sa1.www4.irs.gov/sa_vign/newFormSS4.do

Publication 1635 greatly explain what the hack is it (Understand what the hack is EIN)

http://www.irs.gov/pub/irs-pdf/p1635.pdf

Understanding Your
EMPLOYER IDENTIFICATION NUMBER EIN

This publication provides general information on Employer Identifi cation
Numbers (EINs).
The topics included are:
• What is an EIN?
• Information by type of business entity.
• When you need a new EIN.
• How to apply for an EIN.
• How to complete Form SS-4.
• Where to apply for an EIN.
• How to avoid common problems


I. What is EIN?
An A n Employer Identififi cation Number (EIN) is a nine-digit number that IRS
assigns in the following format: XX-XXXXXXX. It is used to identify the tax
accounts of employers and certain others who have no employees. However, for
employee plans an alpha (for example, P) or the plan number (e.g., 003) may
follow the EIN. The IRS uses the number to identify taxpayers that are required
to fi le various business tax returns. EINs are used by employers, sole proprietors,
corporations, partnerships, nonprofi t associations, Trusts, Estates of decedents,
government agencies, certain individuals, and other business entities. Use your
EIN on all of the items that you send to the IRS and SSA.
Warning: Please be advised that it is against the law to use an EIN for anything
other than business use. An EIN cannot be used as a Social Security Number.
You should have only one EIN. If you have more than one and are not sure
which one to use, call the Business and Specialty Tax Line at 1-800-829-4933
(TTY/TDD users can call 1-800-829-4059). Give the numbers that you have,
the name and address to which each was assigned, and the address of your main
place of business. The IRS will tell you which number to use.
If you do not have your EIN by the time your return is due, write “Applied For”
and the date that you applied for it in the space shown for the number.
II. Special Rules Regarding Entity Classifi cation Elections
There are special rules and procedures for classifi cation elections made on Form
8832 (Entity Classifi cation Election). Those rules and procedures are not refl ected
in this publication. The results explained in this publication may be different
when an entity classifi cation election is involved. For further information
regarding entity classifi cation elections and EINs see Income Tax Regulation
sections 301.7701-1,-2,-3, as well as Form 8832.
III. Information by Type of Business Entity
This section contains the following information:
Defi nitions of various entity types.
• Which forms each entity type, may fi le
• When you need a new EIN
• When you don’t need a new EIN
I always wonder about why they name it SS???

Answer 2

A tax ID is one of three numbers. Your Social Security Number (SSN) is a type of tax ID. The other two are Employer Identification Numbers (EIN) (used by businesses) and Taxpayer Identification Numbers (TIN) which are issued to taxpayers who are not eligible for employment in the U.S.
Essentially, it is the number used by others to report to you on financial matters (how much mortgage interest you paid, interest and dividends earned, earnings, etc.) and for you to report to the government for your income taxes.

If you are looking to get an Employer Identification Number, you can get one online at www.irs.gov. For the others, I believe you need to work through the Social Security Administration (www.ssa.gov).

Answer 3

A tax id is a 9 digit number, similar to your SS nuimber used to identify businesses for tax purposes. If you are in a small business, the business should have one. Otherwise your SS number will suffice. You apply for a tax id the same way that you apply for a SS number.

Answer 4

For most people their tax id is their social security number.

If you own a business and have employees, you need an employer identification number (EIN) - you get that from the IRS. You might also need an employer id number from your state.

Answer 5

We had no National Debt 9 years ago. If my history serves me a republican came into office and changed all that. 100 years ago these things did not exist. 100 years ago it was 1908 and Taft was President. Well remembered for his 4 years. I am trying to think of the term that would be used if the US had maintained ownership of all this infrastructure and owned the sole share of an industry. Darn - what is the opposite of free trade and capitalism. In 1907 there was an event called the Panic of 1907, also known as the 1907 Bankers' Panic. Sound familiar? My opinion is when you read propaganda like this use that spark to read the history and seek facts. Why was this worth posting? In my opinion posting and emails like this help to spread ignorance.

Answer 6

how to get tax identification number