Apply for EIN Number Online

  EINs are similar to social security numbers, but they are for business entities like limited liability companies (including single-member LLCs), corporations, and in some cases, sole proprietorships. If a sole proprietor has employees (you do not necessarily need employees in order to obtain a federal EIN.   In order to process taxes for your business, the IRS assigns you an EIN. This number has nine digits as a Social Security number .   Employer identification numbers for privacy purposes   Another big reason why you should apply for an EIN is to protect your privacy. Some business dealings may require you to provide your social security number if you do not have an EIN. You could be at risk for identity theft if you give out personal information freely. By having an EIN, you do not have to provide your social security number to clients or other individuals.     Who qualifies to apply for the EIN number for free?   The gov...

EIN stands for Employer Identification Number   which is issued by the IRS(Internal Revenue Service) to identify your business in the U.S. It is a nine digit number which is used for paying tax. Its quite similar to SSN(Social Security Number), however, SSN is used for a person while the EIN is used for business.     Need of EIN number-   In the US, its mandatory for each business to have an EIN number in order to run a business, because it plays a crucial role while paying tax and filing annual returns online.  To get an EIN number your business is required to be located in the U.S. and the person who is applying for it must have his own taxpayer identification number like SSN. From a sole proprietor to a multinational company, any type of business can apply for it.   Steps to apply for EIN number  There are four ways to apply for an EIN number for free : Online- To apply for an EIN number you can visit EIN Assistant , from Monday to Fri...