A Federal identification Number is used to identify a business for tax purposes with the Internal Revenue Service (IRS). An EIN or FEIN, also referred to as a Tax Identification Number (TIN), is similar to a social security number for your business. Every business, except for certain sole proprietorships that do not have any employees, should have a federal employer identification number (FEIN). Certain nonprofit organizations for example: churches, clubs, etc., trusts, and estates must also have an EIN.
A business is required to obtain a Federal Employer ID Number if it hires employees or meets other IRS guidelines. In addition, banks usually require businesses to obtain an Employer ID Number prior to opening a business bank account.
Other names
EIN also known as the Tax Identification Number (TIN), Federal Employer Identification Number (FEIN) or the Federal Tax Identification Number, the EIN is a unique nine-digit number assigned by the Internal Revenue Service (IRS) to business entities operating in the United States for the purposes of identification.
MIcah Lee
29th Jan 2015
I am looking for either the North Carolina State Tax Id Number or the Federal ID Number for Southern Car Connection, Harrisburg NC. I have 600633XXX, however I documented the same number for both and need to know: 1) Is this the State or Federal Number?, 2) What the other number is once I confirm which one I have for Southern Car Connection. Thank You, Micah Lee
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