FEIN: Difference between revisions

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• Any organization (other than a private foundation) normally having annual grossreceipts of not more than $5,000.
• Any organization (other than a private foundation) normally having annual grossreceipts of not more than $5,000.
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[[Category:Definitions]]
[[Category:Money]]
[[Category:Topics]]
[[Category:US government]]
[[Categories:US government agencies]]

Latest revision as of 13:27, 9 August 2023


Is an FEIN an Federal Employee Identification number?

Is a Social Security Number the same as a Federal employee identification number?

  • It is federal if the Social Security Administration is federal.
  • It is for employees who seem to have to have one.
  • It is certainly an identification number all though it was not to be used as identification of the individual.

Years ago they used the phrase Federal employee identification number and FEIN but now you only seem to find FEIN Federal Employer Identification Number and that is written EIN.

Just googling FEIN gets you "FEIN number and EIN number is the same thing as what's referred to as a federal tax id number, or a employer identification number. A tax id number is obtained with the IRS."

The SSN is issued by the SSA.

But they are all used in much the same way.

Employer Identification Number

At Wikipedia https://en.wikipedia.org/wiki/Employer_Identification_Number

States "The Employer Identification Number (EIN), also known as the Federal Employer Identification Number (FEIN) or the Federal Tax Identification Number, is a unique nine-digit number assigned by the Internal Revenue Service (IRS) to business entities operating in the United States for the purposes of identification."

But it also makes a comparison to the SSN Comparison to Social Security numbers

"Similar in purpose to the Social Security number assigned to individuals, EINs are used by employers, sole proprietors, corporations, partnerships, non-profit organizations, trusts and estates, government agencies, certain individuals and other business entities. The IRS uses this number to identify taxpayers that are required to file various business tax returns. Individuals who are employers may choose to either obtain an EIN or use their Social Security number for the purpose of reporting taxes withheld on behalf of their employees."

The Mark of the Beast deals with numbers too.

http://www.preparingyou.com/wiki/Mark_of_the_Beast

And to Employ originally had to do with being a servant with a master or taskmaster.

If you google 'what is an fein number .gov' you get.

An Employer Identification Number (EIN) is also known as a Federal Tax Identification Number, and is used to identify a business entity. ... You may apply for an EIN in various ways, and now you may apply online. This is a free service offered by the Internal Revenue Service and you can get your EIN immediately.Mar 10, 2017 Employer ID Numbers - Internal Revenue Service https://www.irs.gov/businesses/small-businesses-self.../employer-id-numbers-eins

They have moved away from the term Federal employee identification number or FEIN although it is still occasionally used when you are dealing with a sole proprietor who is his own employer or find it on older forms or sites. It is often a matter of perspective or point of view. A sole proprietor is both employer and employee and from the perspective of the IRS they see you as an employer.

TN.gov has the line Where can I obtain a Federal Employee Identification Number (FEIN)?

But the link is broken now.

The person applying online must have a valid Taxpayer Identification Number (SSN, ITIN, EIN). https://www.irs.gov/businesses/small-businesses-self-employed/apply-for-an-employer-identification-number-ein-online

The point is that these numbers are used for the same purpose but issued differently.

A Taxpayer Identification Number (TIN) is an identification number used by the Internal Revenue Service (IRS) in the administration of tax laws. It is issued either by the Social Security Administration (SSA) or by the IRS. A Social Security number (SSN) is issued by the SSA whereas all other TINs are issued by the IRS.

https://www.irs.gov/individuals/international-taxpayers/taxpayer-identification-numbers-tin

An individual may have a social security number (SSN). If the individual does not have and is eligible for an SSN, he or she must use Form SS-5, Application for a Social Security Card, to get an SSN. The Social Security Administration will tell the individual if he or she is eligible to get an SSN.
An individual may have an IRS individual taxpayer identification number (ITIN). If the individual does not have and is not eligible for an SSN, he or she must apply for an ITIN by using Form W-7.
Any person other than an individual, and any individual who is an employer or who is engaged in a U.S. trade or business as a sole proprietor, must have an employer identification number (EIN). Use Form SS-4 to get an EIN.

https://taxmap.ntis.gov/taxmap/pubs/p515-006.htm

Any person other than an individual, and any individual who is an employer or who is engaged in a U.S. trade or business as a sole proprietor, must have an Employer Identification Number (EIN). https://www.irs.gov/individuals/international-taxpayers/u-s-taxpayer-identification-number-requirement


The following is a non government site

The terms Employer Identification Number (EIN) and Federal Employer Identification Number (FEIN) are often used interchangeably because they describe the same thing. The Internal Revenue Service (IRS) uses these nine-digit numbers to identify legal entities such as corporations, partnerships, estates, and non-profits, to track their tax obligations. The difference between EIN vs. FEIN is merely a matter of perspective, and why we use the tax ID number to accomplish any number of tasks.

In general, when a tax ID number is used by a business for identification purposes, the number is commonly referred to as a Taxpayer Identification Number, or TIN for short. When a tax ID number is used for reporting employment taxes, we may refer to the tax ID as an Employer Identification Number, or EIN for short...

What is an FEIN and an EIN?

You might have a question about what is the difference between an FEIN and an EIN. You can relax knowing that there is not too much of a difference between these two numbers. In fact, an FEIN and an EIN are pretty much the same thing.

An FEIN is the Federal Employee Identification Number, while an EIN is the Employee Identification Number. These two numbers can be used to identify a business. There is no such thing as an FEIN in the eyes of the federal government, and it is not used for federal filing purposes.

What Kind of Businesses Need an FEIN and an EIN?

https://www.irs-ein-tax-id.com/learn/faq/difference-ein-fein/

Also on one of these pages I see

Exempt Organization Information

If you believe your organization qualifies for tax exempt status (whether or not you have a requirement to apply for a formal ruling), be sure your organization is formed legally before you apply for an EIN. Nearly all organizations exempt under IRC 501(a) are subject to automatic revocation of their tax-exempt status if they fail to file a required annual information return or notice for three consecutive years. When you apply for an EIN, we presume you’re legally formed and the clock starts running on this three-year period.

https://www.irs.gov/businesses/small-businesses-self-employed/apply-for-an-employer-identification-number-ein-online

The use of the term " Nearly all " i; of course refer to Churches.

But I thought it was interesting that if you google things like "Organizations not required to apply for formal tax exempt status" you will not get IRS Publication 1635 which says

https://www.irs.gov/pub/irs-pdf/p1635.pdf

Exempt Organizations Definitions:

...

Organizations not required to apply for formal tax exempt status: Some organizations are treated as tax exempt under IRC Section 501(c)(3) without being required to file Form 1023, provided they are organized and operated appropriately. These include:

• Churches, interchurch organizations of local units of a church, conventions or associations of churches, or integrated auxiliaries of a church, such as a men’s or women’s organization, religious school, mission society, or youth group.

• Any organization (other than a private foundation) normally having annual grossreceipts of not more than $5,000.

Categories:US government agencies