Employer identification number

Get Your EIN Today!

Similar to an individual's Social Security Number, a Federal Employer Identification Number (EIN) identifies a business for tax purposes. Also called a Tax Identification Number (TIN), the EIN is issued by the Internal Revenue Service (IRS).

Who Needs an EIN?

The IRS usually requires the following types of businesses to obtain an EIN:

• All corporations

• All Limited Liability Companies (LLCs) with more than one member

• Any business that hires employees, including sole proprietorships and single-member LLCs

Banks may also require an EIN in order to open a business checking account.