Most people think that their Social Security numbers are the most important bit of identifying information that they have. It’s easy to see why: without an SSN, you will find it difficult to do most things in the United States – many college applications even require a SSN to process. Did you know that there is an equivalent for your business? An Employer Identification Number (EIN) is like a Social Security Number, but for businesses. Let’s take a look at when you need to apply for a federal tax ID and how to go about doing so.
Apply For A Federal Tax ID