What is an EIN, and Why Do You Need It?

An EIN (Employer Identification Number) is like a Social Security Number—but for your business!

Issued by the IRS, it’s a 9-digit number that officially identifies your business for tax and legal purposes.
Why do you need an EIN?
✅ Open a business bank account
✅ Hire employees
✅ File taxes
✅ Build business credit
✅ Apply for licenses and permits
✅ Keep your personal and business finances separate
Whether starting a new company, running a side hustle, or expanding globally, having an EIN boosts your business’s credibility and unlocks major opportunities

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