Does your business employ workers, withhold taxes, or operate as a corporation or partnership? If so, you need an Employee Identification Number. If you operate a business the IRS may require you to ...

What is a tax ID number? It's a unique nine-digit number issued by the Social Security Administration or the IRS to anyone ...

Opinions expressed by Entrepreneur contributors are their own. Q: I want to start a new onlinebusiness and don’t really know where to start. Do I have to geta U.S. federal tax ID number? If so, where ...

When opening bank accounts, submitting tax return forms, or processing a payroll you’ll be required to fill out a personal or business taxpayer identification number (TIN). Since several numbers can ...

Keeping your personal and business expenses separate is crucial as a business owner, and an Employer Identification Number (EIN) is the best way to do so. An EIN number can help you keep your Social ...

As you prepare to file your taxes in advance of the April 15 deadline, you may be wondering about certain terminology. For instance, the 1040 form that most people use to file their federal income ...

Janet Berry-Johnson, CPA, is a freelance writer with a background in accounting and income tax planning and preparation for individuals and small businesses. Her work has appeared in Business Insider ...

When you open a new business, applying for an employer identification number (EIN) may need to be near the top of your priority list. While not every business needs an EIN, many do. Nearly 5.4 million ...

The U.S. Department of the Treasury's Financial Crimes Enforcement Network (FinCEN) recently issued two new FAQs providing guidance on key taxpayer compliance measures. Areas covered in the FAQs ...

With last season just wrapping up—and the 2025 tax season around the corner—the IRS is reminding tax pros that it’s an excellent time to renew their Preparer Tax Identification Number (PTIN). Even ...

An employer identification number (EIN) is issued by the Internal Revenue Service (IRS) to identify a business for tax administration purposes. It’s also used to complete some core business tasks, ...