An Employer Identification Number (EIN) is a nine-digit number that IRS assigns in the following format: XX-XXXXXXX. It is used to identify the tax accounts of employers and certain others who have no employees. The IRS uses the number to identify taxpayers that are required to file various business tax returns. EINs are used by employers, sole proprietors, corporations, partnerships, non-profit associations, trusts, estates of decedents, government agencies, certain individuals, and other business entities. Use your EIN on all of the items that you send to the IRS and the Social Security Administration (SSA). Caution: An EIN is for use in connection with your business activities only. Do not use your EIN in place of your social security number (SSN).
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As founders and business owners ourselves, we know that your business is a top priority. During the past months, we launched, we've been improving and making sure we’re providing the best banking service for founders like you.
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