When a business starts, what must it obtain that identifies itself to the government?
A) State Employment Number
B) Federal Unemployment Number
C) Employer Identification Number
D) A look-back period

Question

Quizplus · Accepted Answer

An Employer Identification Number (EIN) is essential for a business to identify itself to the federal government for tax purposes. It is used when filing tax returns and for setting up payroll.

When a Business Starts, What Must It Obtain That Identifies