What is an EIN?
EIN stands for Employer Identification Number.
An Employer Identification Number is the tax identification number for your organization and a requirement of many banks or institutions (such as the IRS) to carry out business in the US. Once your EIN is acquired, you can apply for business bank accounts and payment gateways.
Check out our blog post here on how to get an EIN!
What is an SSN?
SSN stands for Social Security Number.
What is an ITIN?
ITIN stands for Individual Taxpayer Identification Number.
The IRS issues an ITIN to people who have a US tax filing (or informational reporting requirement) and are not eligible for an SSN.
Check out our blog post here on how to get an ITIN!