Employer Identification Number (EIN)

Employer Identification Number (EIN),

Definition of Employer Identification Number (EIN):

  1. An Employer Identification Number (EIN) is a unique identification number that is assigned to a business entity so that it can easily be identified by the Internal Revenue Service (IRS). It is commonly used by employers for the purpose of reporting taxes.

  2. A unique numerical identifier which is used to identify businesses, partnerships, or other entities. This number is used by the IRS for many tax-related purposes.

  3. The EIN is also known as a Federal Tax Identification Number. When it is used to identify a corporation for tax purposes, it is commonly referred to as a Tax Identification Number (TIN).

How to use Employer Identification Number (EIN) in a sentence?

  1. When filing your taxes it is required to have your employer identification number to make sure you are filing through the proper chain.
  2. I wanted to know the employer identification number in order to identify who they were and what department I worked in at the firm.
  3. An Employer Identification Number is a unique number assigned to a business so that it can easily be identified by the IRS.
  4. The Employer Identification Number was used for tax purposes as well as internally as a way of organizing pertinent data.
  5. Applying for one is free and applications are available on the IRS website and can easily be filled and submitted electronically.
  6. A business must be located in the U.S. or U.S. Territories to apply for an EIN online.

Meaning of Employer Identification Number (EIN) & Employer Identification Number (EIN) Definition