Meaning:
FEIN stands for Federal Employer Identification Number, a unique identifier assigned by the IRS to businesses and organizations for tax purposes. It is used to track a company’s tax obligations, file returns, and report financial activities. A FEIN is required for businesses, non-profits, estates, and other entities that hire employees or operate as a legal entity.
Synonyms:
Employer Identification Number (EIN)
Tax ID number
Business identification number
Federal tax ID
Corporate ID number
Business tax number
Taxpayer identification number (TIN)
IRS identification number
Entity identification number
Employer tax number
Antonyms:
Social Security Number (SSN)
Personal Identification Number (PIN)
Non-taxable entity
Unregistered business
Private identification number
Individual tax number
Non-business identifier
Unofficial ID number
Informal business status
Unlicensed entity
Short Sentence Examples:
A FEIN is necessary for tax filings as a business.
The IRS assigns a FEIN to companies for tax reporting.
You need a FEIN to open a business bank account.
A nonprofit must apply for a FEIN to operate legally.
Your FEIN is required when hiring employees for your company.
The post Fein Meaning? Synonyms, Antonyms and Sentences Examples appeared first on AboutNearMe.Com.