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Common Myths and Misconceptions About EINs

The Employer Identification Number (EIN) — sometimes called a Federal Tax ID — is essential for many U.S. businesses. Yet, many entrepreneurs, freelancers, and even small business owners misunderstand what an EIN really is and how it should be used. Let’s clear up some of the most common myths and misconceptions about EINs.

Oct. 24, 2025, 5:59 a.m.

You may need to get a new EIN if:

Good question — let’s go into detail on when you need to get a new EIN (Employer Identification Number) according to IRS rules.

Oct. 23, 2025, 6:41 p.m.

EIN vs ITIN vs SSN

Differences between an EIN, ITIN, and SSN

Oct. 22, 2025, 5:20 a.m.

How Foreign Entrepreneurs Can Get an EIN Without an SSN

Here’s a detailed guide on how foreign entrepreneurs can obtain an Employer Identification Number (EIN) in the U.S. without having a Social Security Number (SSN) — ideal for non-U.S. residents who own U.S. companies or plan to form them.

Oct. 21, 2025, 6:25 a.m.

EIN for LLCs (single-member vs multi-member)

Let’s dive into EIN for LLCs, focusing on the differences between single-member and multi-member LLCs.

Oct. 20, 2025, 6:39 a.m.

Opening a business bank account with an EIN.

What You Need to open a business bank account using an EIN, most banks require

Oct. 19, 2025, 8:29 a.m.

How to Check if an EIN Is Active or Valid

Here’s a clear, actionable guide on how to check if an EIN (Employer Identification Number) is active or valid, and what to do if you encounter issues.

Oct. 18, 2025, 7:51 a.m.

What to Do After Getting Your EIN Number

Here’s what you should do right after getting your EIN (Employer Identification Number), and in the weeks/months ahead, to make sure your business is set up properly and compliant:

Oct. 17, 2025, 4:17 p.m.

How to find your EIN if you lose it

Here’s a clear and practical guide on how to find your EIN (Employer Identification Number) if you lose it — useful for business owners, truckers, or anyone filing taxes in the U.S.

Oct. 16, 2025, 4:51 p.m.