Can I Use My Previous EIN For A New Business?

Anila Lahiri March 2, 2024

Starting a new business requires various administrative tasks, and it may include obtaining an Employer Identification Number (EIN) from the IRS. Many wonder if they can use a previous EIN for their new venture, but the answer depends on the business structure. Whether it’s a sole proprietorship, partnership, corporation, or LLC, the rules for using […]

Where Is The EIN On A W-2 Form?

Anila Lahiri March 1, 2024

You may need to find your Employer Identification Number (EIN) on a W-2 form for various reasons, including tax compliance, official documentation, and financial transactions. The EIN is a unique identifier assigned to businesses by the IRS for tax reporting purposes. It is essential for accurately reporting income, tax withholdings, and other financial information to […]

Why Is My EIN Not Validating? 4 Common Reasons Why

Anila Lahiri February 9, 2024

Having an EIN shows the IRS your tax status and the structure of your company. You may be required to present your EIN for several reasons. Another company or business partner may request your EIN to verify some of our company information. Alternatively, if you’re in the process of applying for a business bank account […]

The Benefits Of Using A TIN Validation API

Anila Lahiri February 8, 2024

Although ensuring your business is compliant with IRS records may seem like a time-consuming task, the process is made a whole lot easier with a comprehensive Application Programming Interface (API). Below, we’ll discuss how to effectively use such systems, and how these tools can make TIN matching and validation processes much smoother.  What is TIN […]

Can I Use My EIN To Get A Business Loan?

Anila Lahiri February 7, 2024

If you’re an entrepreneur or small business owner, you may know the importance of an EIN for tax purposes. But can this unique identifier alone facilitate securing crucial financing for your business? If you’re thinking, ‘Can I use my EIN to get a loan?’, you’re about to find out.  Below, we will delve into the […]

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