What is an Employer Identification Number?
An Employer Identification Number (EIN) is a unique nine-digit tax identification number assigned to businesses by the Internal Revenue Service (IRS) in the United States.
The EIN is used to identify a business entity for tax purposes and is required for most types of businesses, including corporations, partnerships, and LLCs. It is also necessary for specific non-profit organizations and trusts.
The IRS uses the EIN to track business income and taxes and ensure that businesses comply with federal tax laws. Banks and other financial institutions also use it to open business accounts, obtain loans, and process payments.
How to Find Employer Identification Number?
If you are looking for your own business’s Employer Identification Number (EIN), there are several ways to find it:
- Check your business tax documents: Your EIN is included on several tax documents, such as your business tax returns, bank account applications, and other government filings. Look for your EIN on any of the documents you have on file.
- Contact the IRS: You can contact the IRS by phone, fax, or mail to request a letter confirming your EIN. You must provide your business name, address, and other identifying information to verify your identity before they will release the EIN to you.
- Check with your bank: If you have opened a business account, the bank may have your EIN on file. Contact your bank’s customer service department to see if they can provide it.
- Look up your business information online: Your EIN may be listed on your business’s website, social media profiles, or other online directories.
If you are trying to find the EIN for another business, you may need to contact that business directly to obtain it. The IRS requires to provide EIN information for other businesses.
Also, See: Taxpayer Identification Number (TIN)