🏛️ Formation

EIN: what, why, how

Lesson 4 of 9 · 5 min read
  • The EIN (Employer Identification Number) is your business's federal tax ID. You need it to:
  • Open a business bank account
  • Hire employees
  • File taxes
  • Sign B2B contracts

File IRS Form SS-4 online (US residents, free, instant) or by fax (non-residents, 5–10 days). Do not pay third parties to "expedite" — the IRS doesn't accept payment.

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