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Transferring an EIN to a new business entity

Transferring an EIN (Employer Identification Number) to a new business entity isn’t as straightforward as just moving it over—EINs are assigned to specific legal entities, and the IRS generally does not allow an EIN to be transferred from one entity to another.

Dec. 6, 2025, 4:06 p.m.

Do Home-Based Businesses Need an EIN?

Whether a home-based business needs an Employer Identification Number (EIN) depends on how the business is structured and what activities it performs. Many small, home-run businesses can operate without an EIN—but others are legally required to obtain one.

Dec. 5, 2025, 3:01 p.m.

How Foreign Companies Can Get an EIN Without a Social Security Number

Foreign-owned businesses often need an Employer Identification Number (EIN) to operate in the United States—whether for opening a bank account, hiring employees, paying taxes, or selling products. The good news? You can get an EIN even if you do NOT have a Social Security Number (SSN). This guide explains the exact process international companies and non-U.S. individuals must follow to obtain an EIN without an SSN or ITIN, including IRS rules, required documents, and processing timelines.

Dec. 4, 2025, 5:58 p.m.

Do You Need an EIN to Open a Business Bank Account?

Opening a business bank account is one of the first major steps in separating your business finances from your personal finances. Whether you need an Employer Identification Number (EIN) depends on your business structure and the bank’s policies. Here is a complete breakdown.

Dec. 3, 2025, 5:25 p.m.

EIN and Payroll Setup Requirements

Setting up payroll in the United States requires businesses to comply with federal and state regulations. The first step in this process is obtaining an Employer Identification Number (EIN), which serves as the official tax ID for your business. Without an EIN, employers cannot legally hire workers, file payroll taxes, or report wage information to the IRS. This guide explains how an EIN connects to payroll, what employers must complete before running payroll, and what ongoing responsibilities apply.

Dec. 2, 2025, 7:34 a.m.

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.

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.

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.

Do Independent Contractors Need an EIN?

Nov. 26, 2025, 5:29 p.m.