Employer Identification Number (EIN)

EIN or Employer Identification Number is a unique 9 digit number owned by business entities and is assigned by IRS (Internal Revenue Services). The objective of EIN is to identify the business setups for taxes. EIN is also known as TIN, which is Taxpayer Identification Number and is used by employers, sole proprietors, partnerships, trusts, associations, certain self-employed individuals, and other small business entities.