What is an EIN and How to Apply

In this video we talk about the Employer Identification Number (EIN). We cover what an EIN is, why it's crucial for your business, how to apply for an EIN, what information you need to apply for the free EIN form and what to do if you need to cancel or recover a lost EIN. Plus, we walk you through the application process with the IRS and offer tips to make it easier.

0:00 Introduction
0:40 What is an EIN?
01:26 Why do you need an EIN?
03:03 How to apply for an EIN?
05:01 What information you need to apply for the EIN?
12:49 How do you close or cancel your EIN?

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DISCLAIMER: THIS VIDEO IS FOR INFORMATIONAL PURPOSES ONLY AND SHOULD NOT BE CONSTRUED AS TAX, FINANCIAL, OR LEGAL ADVICE. EVERY PERSON’S SITUATION IS DIFFERENT AND YOU SHOULD CONSULT WITH YOUR OWN FINANCIAL AND TAX ADVISOR FOR ADVICE SPECIFIC TO YOUR SITUATION. COMMENTS ARE NOT REVIEWED