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The following information is provided for educational purposes only and in no way constituteslegal, tax, or financial advice.For legal, tax, or financial advice specific to your business needs, we encourage you toconsult with a licensed attorney and/or CPA in your state.The following information is copyright protected.No part of this lesson may be redistributed, copied, modified or adapted without priorwritten consent of the author.An EIN or Employer Identification Number is issued by the IRS to business entities.It is also known as a Federal Tax ID Number or TIN (Tax ID Number), but for this videowe will refer to it as the EIN.An EIN is to a business what a Social Security Number is to an individual.It basically identifies your business, or company to the IRS.Even though it is called an Employer Identification Number, it does not mean that you have tohave employees.EINs are used for: opening business checking, savings or investment accounts; filing taxes;handling employee payroll (if

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