{"id":384,"date":"2020-03-23T08:36:03","date_gmt":"2020-03-23T08:36:03","guid":{"rendered":"https:\/\/whatisanein.com\/index.php\/home\/"},"modified":"2025-08-11T18:48:41","modified_gmt":"2025-08-11T18:48:41","slug":"home","status":"publish","type":"page","link":"https:\/\/whatisanein.com\/","title":{"rendered":"Home"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"384\" class=\"elementor elementor-384\">\n\t\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-cead98f elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"cead98f\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-cc89fb4\" data-id=\"cc89fb4\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-ec43165 elementor-widget elementor-widget-heading\" data-id=\"ec43165\" data-element_type=\"widget\" id=\"home\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.10.2 - 29-01-2023 *\/\n.elementor-heading-title{padding:0;margin:0;line-height:1}.elementor-widget-heading .elementor-heading-title[class*=elementor-size-]>a{color:inherit;font-size:inherit;line-height:inherit}.elementor-widget-heading .elementor-heading-title.elementor-size-small{font-size:15px}.elementor-widget-heading .elementor-heading-title.elementor-size-medium{font-size:19px}.elementor-widget-heading .elementor-heading-title.elementor-size-large{font-size:29px}.elementor-widget-heading .elementor-heading-title.elementor-size-xl{font-size:39px}.elementor-widget-heading .elementor-heading-title.elementor-size-xxl{font-size:59px}<\/style><h2 class=\"elementor-heading-title elementor-size-default\">What is an EIN and does your business need one?<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a70baab elementor-widget elementor-widget-text-editor\" data-id=\"a70baab\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.10.2 - 29-01-2023 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#818a91;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#818a91;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p style=\"text-align: left;\">An Employer Identification Number (EIN) is relatively easy to obtain and a useful\u2014sometimes mandatory\u2014tool when starting a new business or considering a side business.<\/p>\n<p style=\"text-align: left;\">An <a href=\"https:\/\/einregistry.com\/?ref=3\">Employer Identification Number (EIN)<\/a> is mandatory for some businesses and optional for others. But in general, an EIN is necessary for independent contractors and small business owners. Understanding who needs to apply and the benefits that come with having an EIN can give your business a real advantage.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-da014e0\" data-id=\"da014e0\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-e8b8c9c elementor-widget elementor-widget-image\" data-id=\"e8b8c9c\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.10.2 - 29-01-2023 *\/\n.elementor-widget-image{text-align:center}.elementor-widget-image a{display:inline-block}.elementor-widget-image a img[src$=\".svg\"]{width:48px}.elementor-widget-image img{vertical-align:middle;display:inline-block}<\/style>\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"799\" height=\"458\" src=\"https:\/\/whatisanein.com\/wp-content\/uploads\/2023\/02\/employer-identification-number-e1675425320507.jpg\" class=\"attachment-large size-large wp-image-428\" alt=\"\" srcset=\"https:\/\/whatisanein.com\/wp-content\/uploads\/2023\/02\/employer-identification-number-e1675425320507.jpg 799w, https:\/\/whatisanein.com\/wp-content\/uploads\/2023\/02\/employer-identification-number-e1675425320507-300x172.jpg 300w, https:\/\/whatisanein.com\/wp-content\/uploads\/2023\/02\/employer-identification-number-e1675425320507-768x440.jpg 768w\" sizes=\"auto, (max-width: 799px) 100vw, 799px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-32a2f24 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"32a2f24\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-d53b035\" data-id=\"d53b035\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-91a87de elementor-widget elementor-widget-heading\" data-id=\"91a87de\" data-element_type=\"widget\" id=\"whatisein\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">What is an EIN?<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2044264 elementor-widget elementor-widget-text-editor\" data-id=\"2044264\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>An EIN is an exclusive nine-digit number assigned to your business by the Internal Revenue Service and identifies your business for tax purposes. It&#8217;s like your Social Security Number, except it&#8217;s designed for businesses only. It&#8217;s necessary for paying employees and managing your business taxes.\u00a0<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5186729 elementor-widget elementor-widget-image\" data-id=\"5186729\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"581\" height=\"388\" src=\"https:\/\/whatisanein.com\/wp-content\/uploads\/2023\/02\/ein-green.png\" class=\"attachment-large size-large wp-image-469\" alt=\"\" srcset=\"https:\/\/whatisanein.com\/wp-content\/uploads\/2023\/02\/ein-green.png 581w, https:\/\/whatisanein.com\/wp-content\/uploads\/2023\/02\/ein-green-300x200.png 300w\" sizes=\"auto, (max-width: 581px) 100vw, 581px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-d52702e\" data-id=\"d52702e\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-aa5eb92 elementor-widget elementor-widget-heading\" data-id=\"aa5eb92\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Who is required to have an EIN?<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f92fe32 elementor-widget elementor-widget-text-editor\" data-id=\"f92fe32\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>The following business structures are\u00a0required to have EINs:<\/p><ul><li>Corporations<\/li><li>Partnerships<\/li><li>Limited liability companies<\/li><\/ul><p style=\"text-align: left;\">Sole proprietorships, in general, are not required to have an EIN. However, an\u00a0EIN is required if:<\/p><ul><li>You have employees or plan to hire them.<\/li><li>You want to offer a\u00a0Keogh\u00a0or solo 401(K) retirement plan<\/li><li>You&#8217;re inheriting or thinking of buying a sole proprietorship<\/li><li>You need to file for bankruptcy<\/li><\/ul><p>The IRS also requires EINs for trusts created by estate funds and representatives who oversee an estate that operates a business after the owner&#8217;s death.<\/p><p>Independent contractors, freelancers, people running small businesses\u00a0out of their homes, and\u00a0people with side jobs\u00a0who capitalize on the gig economy are generally not required to get an EIN. Still, there are plenty of reasons why they should.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-d897208 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"d897208\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-dbc8302\" data-id=\"dbc8302\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2b4c603 elementor-widget elementor-widget-heading\" data-id=\"2b4c603\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Why can't I just use my Social Security number?<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3d91d94 elementor-widget elementor-widget-text-editor\" data-id=\"3d91d94\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p style=\"text-align: left;\">When the IRS mandates an EIN, you don&#8217;t have a choice. But here&#8217;s a key reason why it&#8217;s a good idea to use an EIN for business even when it&#8217;s not required: avoiding identity theft.<\/p>\n<p style=\"text-align: left;\">An EIN helps keep your personal and business finances separate. It reserves your Social Security Number for personal needs and keeps identity thieves from ripping off your personal assets. The IRS recommends using your Social Security Number only if you have a very simple business structure and no employees. Business Filing Solutions can assist you in\u00a0 <a href=\"https:\/\/einregistry.com\/?ref=3\">Securing an EIN today.<\/a><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-5aaa1fd\" data-id=\"5aaa1fd\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-a5560bb elementor-widget elementor-widget-image\" data-id=\"a5560bb\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"683\" src=\"https:\/\/whatisanein.com\/wp-content\/uploads\/2023\/02\/ssn-1024x683.jpg\" class=\"attachment-large size-large wp-image-455\" alt=\"\" srcset=\"https:\/\/whatisanein.com\/wp-content\/uploads\/2023\/02\/ssn-1024x683.jpg 1024w, https:\/\/whatisanein.com\/wp-content\/uploads\/2023\/02\/ssn-300x200.jpg 300w, https:\/\/whatisanein.com\/wp-content\/uploads\/2023\/02\/ssn-768x512.jpg 768w, https:\/\/whatisanein.com\/wp-content\/uploads\/2023\/02\/ssn-1536x1024.jpg 1536w, https:\/\/whatisanein.com\/wp-content\/uploads\/2023\/02\/ssn-2048x1365.jpg 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-74016de elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"74016de\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-3dc6cf6\" data-id=\"3dc6cf6\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-11b8fa4 elementor-widget elementor-widget-heading\" data-id=\"11b8fa4\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">What other advantages come with having an EIN?<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2298dca elementor-widget elementor-widget-text-editor\" data-id=\"2298dca\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>In some ways, an EIN is one of the best-kept secrets in the business world. Surprisingly, applying for one isn&#8217;t on every entrepreneur&#8217;s to-do list. An EIN makes it easier to:<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-c9fe40f elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"c9fe40f\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-4ccd257\" data-id=\"4ccd257\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-c54e47f elementor-widget elementor-widget-heading\" data-id=\"c54e47f\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">Apply for a business license<\/h4>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f99b199 elementor-widget elementor-widget-text-editor\" data-id=\"f99b199\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>This varies by state, but many states require an EIN before you can be licensed to conduct business.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-7cb463c\" data-id=\"7cb463c\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-d2707a3 elementor-widget elementor-widget-heading\" data-id=\"d2707a3\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">Get a business bank account<\/h4>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-54d7eda elementor-widget elementor-widget-text-editor\" data-id=\"54d7eda\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>More banks require an EIN to open a business bank account, along with the appropriate business license to show that you&#8217;re permitted to operate in your area. Depending on your business structure, you may have to show articles of incorporation or a \u201cdoing business as&#8221; (DBA) certificate.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-d5e532b\" data-id=\"d5e532b\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-cf9043f elementor-widget elementor-widget-heading\" data-id=\"cf9043f\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">Take out a bank loan<\/h4>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5bf2416 elementor-widget elementor-widget-text-editor\" data-id=\"5bf2416\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Most banks require you to have a business account\u00a0<em>before<\/em>\u00a0you apply for a loan.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-249993c elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"249993c\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-96946e5\" data-id=\"96946e5\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6b98d7b elementor-widget elementor-widget-heading\" data-id=\"6b98d7b\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">Hire employees<\/h4>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c157ce7 elementor-widget elementor-widget-text-editor\" data-id=\"c157ce7\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>\u00a0Having employees means an EIN is absolutely required, and you can&#8217;t set up your payroll system without one.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-8b3b284\" data-id=\"8b3b284\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-48b0c00 elementor-widget elementor-widget-heading\" data-id=\"48b0c00\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">File your taxes<\/h4>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c6edd20 elementor-widget elementor-widget-text-editor\" data-id=\"c6edd20\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>If you are required to have an EIN and don&#8217;t have it before you file your taxes, you open yourself up to all kinds of tax penalties.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-72f433f\" data-id=\"72f433f\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-bc82b81 elementor-widget elementor-widget-heading\" data-id=\"bc82b81\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">Boost credibility<\/h4>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3ac061e elementor-widget elementor-widget-text-editor\" data-id=\"3ac061e\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>An EIN establishes you as a serious, responsible person who&#8217;s committed to your business.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-ea01f09 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"ea01f09\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-c9f52ea\" data-id=\"c9f52ea\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-48e2cb3 elementor-widget elementor-widget-image\" data-id=\"48e2cb3\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"799\" height=\"458\" src=\"https:\/\/whatisanein.com\/wp-content\/uploads\/2023\/02\/employer-identification-number-e1675425320507.jpg\" class=\"attachment-large size-large wp-image-428\" alt=\"\" srcset=\"https:\/\/whatisanein.com\/wp-content\/uploads\/2023\/02\/employer-identification-number-e1675425320507.jpg 799w, https:\/\/whatisanein.com\/wp-content\/uploads\/2023\/02\/employer-identification-number-e1675425320507-300x172.jpg 300w, https:\/\/whatisanein.com\/wp-content\/uploads\/2023\/02\/employer-identification-number-e1675425320507-768x440.jpg 768w\" sizes=\"auto, (max-width: 799px) 100vw, 799px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-b766957\" data-id=\"b766957\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-e7d5759 elementor-widget elementor-widget-heading\" data-id=\"e7d5759\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-xl\">What's the difference between an EIN and a FEIN?<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-fc5b8e1 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"fc5b8e1\" data-element_type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.10.2 - 29-01-2023 *\/\n.elementor-widget-divider{--divider-border-style:none;--divider-border-width:1px;--divider-color:#2c2c2c;--divider-icon-size:20px;--divider-element-spacing:10px;--divider-pattern-height:24px;--divider-pattern-size:20px;--divider-pattern-url:none;--divider-pattern-repeat:repeat-x}.elementor-widget-divider .elementor-divider{display:flex}.elementor-widget-divider .elementor-divider__text{font-size:15px;line-height:1;max-width:95%}.elementor-widget-divider .elementor-divider__element{margin:0 var(--divider-element-spacing);flex-shrink:0}.elementor-widget-divider .elementor-icon{font-size:var(--divider-icon-size)}.elementor-widget-divider .elementor-divider-separator{display:flex;margin:0;direction:ltr}.elementor-widget-divider--view-line_icon .elementor-divider-separator,.elementor-widget-divider--view-line_text .elementor-divider-separator{align-items:center}.elementor-widget-divider--view-line_icon .elementor-divider-separator:after,.elementor-widget-divider--view-line_icon .elementor-divider-separator:before,.elementor-widget-divider--view-line_text .elementor-divider-separator:after,.elementor-widget-divider--view-line_text .elementor-divider-separator:before{display:block;content:\"\";border-bottom:0;flex-grow:1;border-top:var(--divider-border-width) var(--divider-border-style) var(--divider-color)}.elementor-widget-divider--element-align-left .elementor-divider .elementor-divider-separator>.elementor-divider__svg:first-of-type{flex-grow:0;flex-shrink:100}.elementor-widget-divider--element-align-left .elementor-divider-separator:before{content:none}.elementor-widget-divider--element-align-left .elementor-divider__element{margin-left:0}.elementor-widget-divider--element-align-right .elementor-divider .elementor-divider-separator>.elementor-divider__svg:last-of-type{flex-grow:0;flex-shrink:100}.elementor-widget-divider--element-align-right .elementor-divider-separator:after{content:none}.elementor-widget-divider--element-align-right .elementor-divider__element{margin-right:0}.elementor-widget-divider:not(.elementor-widget-divider--view-line_text):not(.elementor-widget-divider--view-line_icon) .elementor-divider-separator{border-top:var(--divider-border-width) var(--divider-border-style) var(--divider-color)}.elementor-widget-divider--separator-type-pattern{--divider-border-style:none}.elementor-widget-divider--separator-type-pattern.elementor-widget-divider--view-line .elementor-divider-separator,.elementor-widget-divider--separator-type-pattern:not(.elementor-widget-divider--view-line) .elementor-divider-separator:after,.elementor-widget-divider--separator-type-pattern:not(.elementor-widget-divider--view-line) .elementor-divider-separator:before,.elementor-widget-divider--separator-type-pattern:not([class*=elementor-widget-divider--view]) .elementor-divider-separator{width:100%;min-height:var(--divider-pattern-height);-webkit-mask-size:var(--divider-pattern-size) 100%;mask-size:var(--divider-pattern-size) 100%;-webkit-mask-repeat:var(--divider-pattern-repeat);mask-repeat:var(--divider-pattern-repeat);background-color:var(--divider-color);-webkit-mask-image:var(--divider-pattern-url);mask-image:var(--divider-pattern-url)}.elementor-widget-divider--no-spacing{--divider-pattern-size:auto}.elementor-widget-divider--bg-round{--divider-pattern-repeat:round}.rtl .elementor-widget-divider .elementor-divider__text{direction:rtl}.e-con-inner>.elementor-widget-divider,.e-con>.elementor-widget-divider{width:var(--container-widget-width);--flex-grow:var(--container-widget-flex-grow)}<\/style>\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1361a20 elementor-widget elementor-widget-text-editor\" data-id=\"1361a20\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p style=\"text-align: left;\">A FEIN is a\u00a0<em>Federal<\/em> Employee Identification Number. It serves the same purpose as an EIN, except the federal government issues it instead of the state. A FEIN also allows you to enroll in the electronic federal tax payment system, where you can easily make tax payments over the phone or online. Business Filing Solutions can assist you in\u00a0 <a href=\"https:\/\/einregistry.com\/?ref=3\">Securing an EIN today.<\/a><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-61d4324 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"61d4324\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-6da73b5\" data-id=\"6da73b5\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-b3bc650 elementor-widget elementor-widget-heading\" data-id=\"b3bc650\" data-element_type=\"widget\" id=\"howtogetein\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">How do I apply for an EIN?<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9a04ed8 elementor-widget elementor-widget-text-editor\" data-id=\"9a04ed8\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p style=\"text-align: left;\">Here&#8217;s the good news. Applying for an EIN is easy. Once you&#8217;ve established your business with the State, you then request an EIN. Business Filing Solutions can assist you in\u00a0 <a href=\"https:\/\/einregistry.com\/?ref=3\">Securing an EIN today.<\/a> When you apply online, your EIN will be emailed and you&#8217;ll be able to view and print your assigned EIN. You can also go directly to the irs site to secure your ein.<\/p>\n<p style=\"text-align: left;\">\u00a0Note that:<\/p>\n\n<ol>\n \t<li><span style=\"font-style: inherit; font-weight: inherit; background-color: var( --e-global-color-astglobalcolor5 ); color: var(--ast-global-color-3);\">Your principal business must be located in the U.S. or a U.S. territory<\/span><\/li>\n \t<li><span style=\"font-style: inherit; font-weight: inherit; background-color: var( --e-global-color-astglobalcolor5 ); color: var(--ast-global-color-3);\">You must have a Social Security Number, Individual Taxpayer Identification Number (given to those who aren&#8217;t eligible to obtain a Social Security Number), or preexisting EIN.<\/span><\/li>\n \t<li><span style=\"font-style: inherit; font-weight: inherit; background-color: var( --e-global-color-astglobalcolor5 ); color: var(--ast-global-color-3);\">You must be considered a \u201cresponsible party,&#8221; which means you&#8217;re the person who ultimately owns or controls the entity applying or exercises ultimate effective control over the entity.<\/span><\/li>\n<\/ol>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-957aa48\" data-id=\"957aa48\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-9be7c66 elementor-widget elementor-widget-image\" data-id=\"9be7c66\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"683\" src=\"https:\/\/whatisanein.com\/wp-content\/uploads\/2023\/02\/tax-1024-1024x683.jpg\" class=\"attachment-large size-large wp-image-457\" alt=\"\" srcset=\"https:\/\/whatisanein.com\/wp-content\/uploads\/2023\/02\/tax-1024-1024x683.jpg 1024w, https:\/\/whatisanein.com\/wp-content\/uploads\/2023\/02\/tax-1024-300x200.jpg 300w, https:\/\/whatisanein.com\/wp-content\/uploads\/2023\/02\/tax-1024-768x512.jpg 768w, https:\/\/whatisanein.com\/wp-content\/uploads\/2023\/02\/tax-1024-1536x1024.jpg 1536w, https:\/\/whatisanein.com\/wp-content\/uploads\/2023\/02\/tax-1024-2048x1365.jpg 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>What is an EIN and does your business need one? An Employer Identification Number (EIN) is relatively easy to obtain and a useful\u2014sometimes mandatory\u2014tool when starting a new business or considering a side business. An Employer Identification Number (EIN) is mandatory for some businesses and optional for others. But in general, an EIN is necessary &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"https:\/\/whatisanein.com\/\"> <span class=\"screen-reader-text\">Home<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"site-sidebar-layout":"no-sidebar","site-content-layout":"page-builder","ast-global-header-display":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"disabled","ast-breadcrumbs-content":"disabled","ast-featured-img":"disabled","footer-sml-layout":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","footnotes":""},"class_list":["post-384","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/whatisanein.com\/index.php\/wp-json\/wp\/v2\/pages\/384","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/whatisanein.com\/index.php\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/whatisanein.com\/index.php\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/whatisanein.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/whatisanein.com\/index.php\/wp-json\/wp\/v2\/comments?post=384"}],"version-history":[{"count":85,"href":"https:\/\/whatisanein.com\/index.php\/wp-json\/wp\/v2\/pages\/384\/revisions"}],"predecessor-version":[{"id":562,"href":"https:\/\/whatisanein.com\/index.php\/wp-json\/wp\/v2\/pages\/384\/revisions\/562"}],"wp:attachment":[{"href":"https:\/\/whatisanein.com\/index.php\/wp-json\/wp\/v2\/media?parent=384"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}