What is an EIN? Employer Identification Numbers Explained

If the business is just me, do I need an Employer Identification Number? Is an FEIN, EIN, Federal Tax ID the same thing? I obtained an EIN with my sole proprietorship, can I use it for my new LLC? Where can I get an EIN and how long does it take?
We're going to demystify the EIN in this episode, but if you'd like to get an EIN from BetterLegal, we can help with that too at betterlegal.com

[@nkeiru26]

Very helpful breakdown explaining the basics and dumming it down for a novice like me! Pictorial representation super helpful as well!

[@ayreks34]

Hello, I formed an LLC company as A Non Us-Resident And Without SSN. I got the EIN number from the IRS. They recorded my surname wrongly. How will I change it? I would be glad if you help.

[@cb750k1974]

Are TIN (Tax Identification Number) and EIN (Employer Identification Number) the same thing? A business would use the EIN but what about a trust or an estate?

[@ConnorLakeHavasu]

Thank you for the info and not littering it with backround music.

[@KevinHernandez-kk7ok]

Just finished the video, dope af! Gonna check out the videos you brought up 👌🏽

[@mattharmstrong2519]

Very informational. Thank you for your knowledge of wisdom 🙌🏾📈

[@brotechnicals1362]

Is there any any difference between Wyoming and other LLCs because everybody know Wyoming is tax free State???

[@JoseCruz-gq4rf]

I really like your shirt 😂 but honestly thanks for the video sir

[@DEADEYESTUDIO]

i only realized ein was a thing after the tik tok shop asked for it and yeah...i'd rather not give my social security at all lol i'll get an ein

[@RichardVillegas-k9w]

Thank u, I will check the other videos

[@JazzyJeff40]

If i get an EIN "with" liability insurance, is that considered a less expensive way of not being personally liable? Will that be a way save cost instead of paying for and maintaining an LLC?

[@evgenybelkov2300]

good material, thank you!

[@yousaffreelancer]

I am non us resident when i apply EIN number i registered company on Saturday. First i check open corporate website my llc then i apply ein or i apply this now no issues

[@Rebecca-qg8pb]

What if I have a holding company with multiple businesses (subsidiaries)
Do they all need ein and ssn as well?

[@JaimeCuellar-f5z]

😂 yea your shirt cool rub 😂

[@decoriussimpkins7346]

Thank you for this!

[@CandA0719]

Wow very helpful information❤❤❤

[@JaimeCuellar-f5z]

Do you have any one on ones?

[@wanderingmoon9772]

So I can not use the same sole proprietor name and upgrade to an llc with the same ein?

[@justdontskip5615]

Insightful!

[@luisfernandocalva3230]

Thanks, great video!!

[@tammy2465]

They keep sending me medical bills irs papers with a ein number on them and I don't know why I'm on ssa and ssdi I don't have a business and I haven't worked in ten years either I looked up the ein says ss number for someone 73 I'm 58 widowed my husband died over 20 yrs ago I'm confused

[@Alainachao]

If I am in Quito can I apply EIN?

[@eduardminaya5050]

Very unique video

[@hamzachahine2762]

I'm selling online on Amazon and I'm from a country where there is no tax treaty with the US, Can I apply for an EIN as a sole proprietor and do I have to pay taxes online? Because I called the IRS and told you don't have to. And I'm confused !

[@SUNSHINESTATE904]

Is selling on Amazon good??

[@kingsleysarfo.]

Thanks brotha man

[@DoloresBalajadia-hk6ji]

👍

[@Alainachao]

Thanksgiving

[@suriati2092]

Ein

[@woenow-yq3mb]

🫡

[@ReginaldDeprospero]

6133 Bernier Expressway