January 4, 2023

What is an INDIVIDUAL TAXPAYER IDENTIFICATION NUMBER(ITIN)?

An ITIN, or Individual Taxpayer Identification Number, is a tax processing number issued by the Internal Revenue Service (IRS) for individuals who are required to have a U.S. taxpayer identification number, but who do not have or are not eligible to obtain a Social Security Number (SSN). ITINs are used for federal tax purposes only …

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What is an EMPLOYER IDENTIFICATION NUMBER (EIN/FEIN)?

An Employer Identification Number (EIN) is a unique, nine-digit number assigned by the Internal Revenue Service (IRS) to identify a business entity. It is similar to a Social Security number for an individual, but it is used for business tax purposes. An EIN is also sometimes called a Federal Tax Identification Number. An EIN is …

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