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Employer Identification Number

What is an Employer Identification Number (EIN)?

Employer Identification Number (EIN) is a unique number issued to an organization for tax purposes by the Internal Revenue Service (IRS). Thus, IRS can easily and quickly track the taxes paid by the employers as it is a permanent and unique number. Employer Identification Number (EIN) is also known as Federal Employer Identification Number (FEIN).
To report the taxes on the State level, there is State EIN, so that taxes can be reported to the State and recruit the workers.

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