Let's clear the air once and for all: What is the difference between an EIN, SSN and ITIN?
Read on to find out!
EIN stands for Employer Identification Number.
The IRS issues an EIN to a business for tax reporting requirements and you also need an EIN to open a US business bank account once you have opened an LLC.
Check out our blog post here on how to get an EIN!
SSN stands for Social Security Number.
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!