E&Q Tax - Accounting and Business Solutions

Need help?

201-488-4060

Need help?

201-488-4060 Monday-Friday: 9:00 am - 6:00 pm

Why get a federal tax ID (EIN)?


What is a federal tax ID?


A federal tax ID (officially known as an Employer Identification Number or EIN) is a unique number assigned to a business or organization by the IRS. A business uses its federal tax ID much like a person uses a Social Security number.

Who needs a federal tax ID?


The IRS requires most business entities to use a federal tax ID (EIN)—corporations, partnerships, most LLCs, and some sole proprietorships. A federal tax ID offers other benefits, even when it isn't required by the IRS. For instance, it can help protect against identity theft, and it's often a prerequisite for opening a business bank account.


A SPECIALIST IS HERE TO HELP

Agent

(201) 488-4060

We are available: Monday-Friday: 9:00 am - 6:00 pm
Hablamos Español!