A text for upper-level undergraduate and graduate-level courses in physiology and physical conditioning; a reference for professionals in sport physiology, sports medicine, physical therapy, athletic training, and coaching as well as serious athletes dedicated to elite performance.
Many people confuse an EIN number with a tax exempt number, or believe that the two numbers are interchangeable. In fact, they are two completely separate and different numbers. An EIN number is a federal tax identification number issued by the IRS and is used to identify businesses and other entities operating in the United States. Generally, an EIN number is used to file various IRS business tax returns, open business bank accounts, obtain business licences, etc. The federal tax identification number is nine (9) digits long and is issued in the following format: XX-XXXXXXX. Essentially, it is similar to a Social Security Number (SSN) for an individual, but an EIN number is for businesses and entities.
DEFINITION of 'Employer Identification Number - EIN' A unique identification number that is assigned to a business entity so that they can easily be identified by the Internal Revenue Service. The Employer Identification Number is commonly used by employers for the purpose of reporting taxes. Also known as a Federal Tax Identification Number. When it is used to identify a corporation for tax purposes, it is commonly referred to as a Tax Identification Number. BREAKING DOWN 'Employer Identification Number - EIN' The EIN is a nine-digit number, and its role is similar to that of the Social Security number. The number includes information about which state the corporation is registered in. EINs can be applied for by phone, online or by mail.