Definitions for "Employer Identification Number"
Keywords:  ein, irs, proprietor, nine, revenue
The tax identification number provided by the Federal Government to each entity that applies. Same as “Federal Tax Identification Number.” Get your EIN.
(EIN): All businesses (except sole proprietorships that have no employees and do not make tax-exempt purchases) must obtain a federal Employer Identification Number (EIN), also called a Taxpayer Identification Number. (Your banker may require that you have an EIN even if you are a sole proprietor.) This number should be used when the business files its tax returns. For more information, see SS-4, Application for Employer Identification Number and Publication 1635, Understanding Your EIN.
This is an IRS-assigned number given to a business after it files an application form called "SS-4." Once you receive it, put your EID on all business tax returns and other significant documents.
Keywords:  equity