Navigating the world of business involves understanding various identification numbers. Two key types are Tax ID numbers and ...

Employer Identification Number (EIN) Definition: A 9-digit number obtained by a business with paid employees from the IRS. If you're a sole proprietorship, your EIN is your social security number.

and "Do you operate your business as a corporation or a partnership?" the IRS says you need a Tax ID number. If you don't currently have a Tax ID Number and need to get one, follow these steps.