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What is an EIN Number for Business

An EIN is a unique 9 digit number that determines your business for tax purposes. It's kind of like a Social Security number, but is supposed for business-related items only.

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What is an EIN Number for Business

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  1. What is an EIN Number for Business An EIN is a unique 9 digit number that determines your business for tax purposes. It's kind of like a Social Security number, but is supposed for business-related items only. As a business owner, you'll have an EIN to open a business bank account, apply for business licenses and file your tax returns. It's helpful to use for one as soon as you begin planning your business. This may ensure there aren't any delays in getting the acceptable licenses or financing that you simply may have to operate. An EIN is required by any business that retains employees. However, non-employees are required to get one if they operate as a company or partnership You can also Apply for EIN using a telephone service by calling the Business specialty line (919) 504-6664.

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