In taking a closer look at the trajectories of icebergs in 1912, Bing and his colleague noticed one iceberg that stood out: one that calved from a glacier in southwest Greenland in 1911 and passed closest to the site at which Titanic went down.
Popular Terms. Employee that is considered to be a key stakeholder in the operation of a company. The Internal Revenue Service (IRS) defines a key employee as anyone who owns greater than 5% of the company assets and/or receives compensation that is over a certain threshold set by the IRS.
If You Have Employees You Need an EIN From the IRS An EIN is important because it can be used to distinguish your business financial data from your personal finances. All employers must have an EIN to do business, but if you own a sole proprietorship and have no employees, the IRS does not require you to get one.