30M people launched
their business with Tailor Brands
Most banks will ask for your EIN when applying for a business bank account.
Get an EIN so you don’t give out your SSN, lowering the risk of identity theft.
**An EIN can only be obtained online with a SSN
You will need your EIN to hire employees and pay salaries.
Most business entities are required to have an EIN by the IRS. These entities include corporations, partnerships, most LLCs, and some sole proprietorships.
The IRS recommends getting an EIN, because it is essential for opening a business bank account, a must when hiring employees. Plus it can reduce the risk of identity theft.
Strengthen your limited liability status by separating your finances with an EIN.
You can apply for these after you have your EIN.