Tax Identification Number

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Tax Identification Number

A number the IRS assigns to businesses and other entities, such as trusts, for tax purposes. While the TIN exists for a variety of reasons, its main function is to ensure that each organization is billed for its own taxes, and not those of another entity with the same name. Social Security numbers serve as TINs for individuals.
References in periodicals archive ?
Also required is Federal ID Number or Social Security Number at time of purchase.
Both said, yes, they had verified the exact name of the firm and the [firm's] federal ID number, and I confirmed that with them.
To take advantage of this benefit, affiliates must review their constitutions for compliance with Code Section 501(c)(3) requirements, have federal ID number and submit a letter authorizing the national organization to include them on MTNA's "group exemption roster.
For sole proprietors filing as a limited liability corporation, or LLC, it's particularly important in New Hampshire to provide your tax preparer or accountant with a federal ID number for the LLC, or a New Hampshire Department of Revenue Administration-issued ID.
Facilities will need their facility ID number and federal ID number in order to file online.
Using the business name, address, phone numbers and federal ID number, the service returns a variety of information designed to help expose the possibility of fraud.
Obtain a Federal ID number from the Internal Revenue Service.
When we went to get the federal ID number, which is required for a partnership, an IRS agent informed us about the penalties associated with a club if it fails to file taxes, on time--$50 per month per club member for every month that you are late.
Federal ID number found via business name-address search - SSN deceased file search on authorized agent - Fraud red flag indicators with explanations of the discrepancies found - Validation and verification of the businesses' authorized agent
Using the business' name, address, phone numbers and federal ID number, Business InstantID returns a variety of information to the user to help expose the possibility of fraud.
The forum was sponsored by the highly respected Washington, DC-based Direct Selling Education Foundation (DSEF), which conducted the meeting, describing it as "a subject of highest urgency," an obvious reference to both consumer fraud concerns and the aftermath of September 11 and the realization of how easy it had become to acquire or even steal someone else's personal and credit information through the wrongful use of Social Security numbers and their business counterpart, Federal ID numbers.
With operations in all 50 states and several Federal ID numbers, Sylvan wanted to centralize its human resource and payroll processes in-house for greater control and easier access to the data on its more than 6,000 employees, eliminating a 12-year payroll service bureau relationship.

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