What is Form SS-4?
Form SS-4 is used to apply for an Employer Identification Number (EIN), which is required for businesses to file taxes, open bank accounts, and hire employees.
Who needs an EIN?
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Corporations, partnerships, and LLCs.
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Sole proprietors hiring employees.
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Foreign-owned entities required to file with the IRS.
Key points
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The EIN acts like a business’s Social Security Number.
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It is necessary for filing forms such as 5472, 1065, and 1120.
