A Federal Employer Identification Number (FEIN, also known as EIN ) is a number assigned to businesses in the United States by the IRS . The FEIN is used to identify a business for tax and social security purposes.

What is the FEIN for?

A FEIN is used to obtain a business license and to purchase certain types of insurance for your business. You also need this number to file business tax returns , open bank accounts, conduct financial transactions, hire new employees, and perform other tax-related activities.