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Business federal tax number

Asked by: Aaron Freitas - 30 July, 2012
https://d25eic0jctudgb.cloudfront.net/images/site/avatars/default.png-f1597c1da25f30f8c1a941405e8391c8 Is the federal tax id your EIN number?
Answered by: Robert Kowalski - 31 July, 2012
https://d25eic0jctudgb.cloudfront.net/images/site/avatars/35.jpg-687fc92d5f6c5febcbdccb6895b08b8c Aaron,

EIN stands for "Employer Identification Number", and is often called FEIN ("F" for "Federal"). IRS uses this number as the tax ID for companies.

However, in some cases your company's tax ID would be your Social Security Number, for example for sole proprietorships or single-member LLCs with no employees.

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