A federal employer identification number (EIN or FEIN) is required for all corporations, LLCs, and many other forms of businesses. Almost all types of business need an EIN (also known as a Federal Employer Identification Number or Federal Tax Identification Number). An EIN (FEIN) is issued by the IRS and is used to identify a business in much the same way as a Social Security Number (SSN) is used to identify an individual. Your EIN is required on your business tax returns, business tax…

A federal tax identification number is often requested to file tax returns and open bank accounts.