Tag Archives: Employer identification number

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Delaware: Business-Friendly and Tax Heaven

When it comes to starting a business, Delaware has been one of the leading states for more than 100 years. Delaware hosts more than 1 million businesses. 63% of Fortune 500 companies also are in Delaware. Last year, people started more than 145 companies in Delaware, and 70% of these businesses are LLCs. One of […]

how to get EIN Number
How to Get an EIN Number

How to obtain an EIN (or TAX ID NUMBER) After forming an LLC in Delaware and authorizing the Certificate of Formation, the first thing to do is to obtain a federal tax ID number, which is abbreviated as EIN (Employer Identification Number). This number is received via Internal Revenue Services (IRS). To apply for this number, you need to […]

What is an EIN number
Why Do I Need An EIN?

EIN is a federal identification number given to the business by IRS. It is also known as federal tax number. You are legally required to identify your business with one of those: Social Security Number (SSN) or Employer Identification Number (EIN). You usually need EIN when: – You are hiring an employee – You are […]