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SOME OF OUR NEWS FROM LATEST BLOG
Get the latest news, advice & best practice from blog.
Who Needs an EIN? Complete Overview for US Businesses
An Employer Identification Number (EIN), also known as a Federal Tax Identification Number, is issued by the IRS to identify a business for tax and reporting purposes. While the term “Employer” may sound like it only applies to companies with employees, many businesses and individuals need an EIN even if they never hire anyone. Below is a complete guide explaining who must obtain an EIN, who may choose to get one, and why it matters.
Dec. 1, 2025, 4:20 p.m.
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EIN Requirements for Business Credit Applications
Building business credit in the United States requires the business to be properly identified and recognized as a separate legal entity. One of the most important credentials for this process is the Employer Identification Number (EIN). Lenders, banks, and credit bureaus use the EIN to track a company’s financial activity and determine its creditworthiness. Below are the key EIN-related requirements and considerations when applying for business credit.
Nov. 30, 2025, 3:09 p.m.
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Updating or Changing EIN Information with the IRS
When your business undergoes changes, you may need to update your EIN (Employer Identification Number) information with the IRS—or in some cases, apply for a completely new EIN. The IRS has specific rules about what requires simple updates versus obtaining a new number.
Nov. 29, 2025, 9:45 a.m.
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Do Independent Contractors Need an EIN?
Do Independent Contractors Need an EIN?
Nov. 26, 2025, 5:29 p.m.
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When a Partnership Must Obtain an EIN
A partnership in the United States is required to obtain an Employer Identification Number (EIN) in most situations. Unlike sole proprietors—who can sometimes use their SSN—partnerships almost always need a separate federal tax ID to operate legally and file taxes. This guide explains exactly when a partnership must get an EIN, why it’s required, and common scenarios that trigger the need for one.
Nov. 24, 2025, 3:43 p.m.
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Does a DBA Need a Separate EIN? Rules for Fictitious Business Names
A DBA (Doing Business As)—also called a fictitious business name, assumed name, or trade name—allows a business to operate under a name different from its legal name. Many business owners wonder whether each DBA they create also needs its own Employer Identification Number (EIN). The short answer: In most cases, a DBA does not need a separate EIN. But there are important exceptions.
Nov. 22, 2025, 7:19 p.m.
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Who Is Required to Have an EIN in the United States
An Employer Identification Number (EIN) is a unique nine-digit number issued by the IRS to identify a business for tax and reporting purposes. While many small business owners believe an EIN is only needed for hiring employees, the IRS actually requires an EIN in many other situations. Failing to obtain one when required can lead to delays in banking, tax filings, and state business registrations. Below is a detailed breakdown of who is required to have an EIN in the United States.
Nov. 21, 2025, 7:15 p.m.
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EIN Requirements for Independent Contractors and Freelancers
Independent contractors and freelancers play a major role in the U.S. workforce, and many wonder whether they need an Employer Identification Number (EIN) to operate legally. While not always EIN for Freelancers, having an EIN can simplify taxes, strengthen business credibility, and protect personal information. Below is a complete breakdown of when freelancers need an EIN, why it matters, and how to get one.
Nov. 19, 2025, 6:37 p.m.
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EIN Requirements for Real Estate Investors
Real estate investors often wonder whether they need an Employer Identification Number (EIN) for their real estate activities. The IRS does not require every investor to have one—but depending on how you own and operate your real estate business, an EIN may be mandatory. Below is a complete guide.
Nov. 18, 2025, 6:46 p.m.
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