EIN/ TAX ID Knowledge Base

As a new business owner, one of your most essential tasks is to acquire an Employer Identification Number (EIN) from the Internal Revenue Service. The Internal Revenue Service (IRS) uses an EIN (Employer Identification Number) to identify firms and determine which taxes they will be required to file. An EIN is comparable to a Social Security number, except that it is used by corporations rather than individuals. The following are some important information concerning the EIN number: