Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Khadija Khartit is a strategy, investment, and funding expert, and an educator of fintech ...

Nowadays, most people engage in digital transactions daily, buying items online, making electronic payments and using money transfer apps. The ease of these quick transactions also puts financial ...

Like any individual, a business needs an identifier to separate it from every other company. Most small business owners get a separate tax identification number (TIN) in order to conduct business, ...

When accepting credit card numbers over the phone from customers, you can easily identify the type of card without asking the customer. While each credit card has a unique string of numbers, in ...

Ever tried filing taxes, opening a U.S. bank account, or applying for a loan and hit a wall because you don’t have a Social Security Number? That’s where a taxpayer identification number (or TIN) can ...

What is a state tax ID number, and what is it for? A state tax ID number is sometimes called a state employer ID, state EIN or state tax registration. It’s assigned by a state to identify a business ...

Federal Tax Identification Numbers (TINs) and Employer Identification Numbers (EINs) refer to the same thing: a unique number assigned by the IRS to identify various businesses, trusts and ...

Each taxpayer in the U.S. needs to have a unique nine-digit number that can identify them to the IRS. Many Americans use their Social Security number, or SSN, to confirm their identity on tax returns ...

An employer identification number (EIN) is issued by the Internal Revenue Service (IRS) to identify a business for tax administration purposes. It’s also used to complete some core business tasks, ...

Janet Berry-Johnson, CPA, is a freelance writer with a background in accounting and income tax planning and preparation for individuals and small businesses. Her work has appeared in Business Insider ...