An Employer Identification Number (EIN) is also known as a federal tax identification number and is used to identify a business entity.
EIN is a unique nine-digit number issued by the IRS and includes information about which state in which the corporation is registered.
An EIN looks like the following format: XX-XXXXXXX.
The first two numbers are separated from the last seven numbers.
XX-XXXXXXX
Instead of the letter “X” its numbers
If your EIN was obtained electronically, your EIN begins with the following numbers
- 20
- 26
- 27
- 45
- 46
- 47
It is commonly used by employers for the purpose of reporting taxes. It is also used by estates and trusts which have income which is required to be reported on Form 1041, U.S. Income Tax Return for Estates and Trusts.
You gain the following benefits by getting an EIN:
- File income taxes for your business
- Seek legal help such as filing bankruptcy in court
- Open business bank accounts for your business
- You can hire employees
- Establish business credit
- Separate business and personal related financial activity
We can help you too!
ITINCAA (AKA TAXANDACCOUNTING HUB) aims to provide expert solutions to you ITIN, EIN, or US Personal tax-related matters considering the appropriate double taxation treaty rules and correct supporting documentation. We have provided EIN registration services for over 18 years, and we are a registered EIN service provider recognized by the IRS.
Get in touch with us at
(L) : +44 (0)208 221 1154
(M):+44 (0)791 439 3183
(L) :+44 (0)203 286 6445
