What is the difference between an EIN, SSN, and ITIN?
What is an EIN?
EIN stands for Employer Identification Number.
An Employer Identification Number (EIN) is a unique tax identification number required for organizations doing business in the United States. It’s needed for a variety of purposes, including opening business bank accounts and setting up payment gateways.
What is an SSN?
SSN stands for Social Security Number.
The U.S. Social Security Administration (SSA) issues Social Security Numbers (SSNs) to identify U.S. citizens, permanent residents , and temporary nonimmigrant workers .
What is an ITIN?
ITIN stands for Individual Taxpayer Identification Number.
The IRS issues an Individual Taxpayer Identification Number (ITIN) to individuals who are required to file a tax return or information return in the U.S. but are not eligible for a Social Security Number (SSN).
For more details, check out the Startxpress Help Center and Blog. If you need assistance, contact us at support@startxpress.io! We’re here to help make managing your business as smooth as possible.
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