An Employer Identification Number (EIN), or Federal Tax ID, is a unique number assigned to your business by the Internal Revenue Service that identifies a business entity, allowing you to file business income tax returns.
Benefits of Filing an EIN:
- Allows you to be able to open a business banking account
- The IRS requires that every business have an EIN before hiring employees
- Filing an EIN allows your business to build its credit profile
Get Your EIN/Tax ID