Employer Identification Number

{
  "id": "MLC-T-LAW-001852",
  "term": "Employer Identification Number",
  "field": "Law",
  "definition": "A nine-digit number issued by the Internal Revenue Service (IRS) to identify a business entity for tax purposes, also known as a Federal Tax Identification Number. Corporations, partnerships, and multi-member LLCs are required to obtain an Employer Identification Number (EIN) to file tax returns and report wages paid to employees. The number is formatted as XX-XXXXXXX and remains with the business entity for its entire existence.",
  "abbreviation": "EIN",
  "url": "https://mlchart.com/terminology/law/employer-identification-number/"
}