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Old 09-24-2010, 06:57 PM   #1 (permalink)
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Default More information about Federal Tax ID number

Hi all,

The federal tax id is nothing more than an employer’s identification number that is also called as the EIN. It is a very legitimate proof of the business and also works as a social security number. The only flaw is that I have not heard of a lot of people who use this number. I understand that the IRS uses this number when they plan on identifying a business. Is this true? Is this important for tax filings? If I run a business, how am I supposed to obtain this identification? Can someone please tell me more about this?

Thanks
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