An Individual Taxpayer Identification Number is a nine-digit number the IRS uses to process taxes and administer tax laws. The agency issues them only to certain nonresident and resident aliens, as ...

Ever tried filing taxes, opening a U.S. bank account, or applying for a loan and hit a wall because you don’t have a Social Security Number? That’s where a taxpayer identification number (or TIN) can ...

Each taxpayer in the U.S. needs to have a unique nine-digit number that can identify them to the IRS. Many Americans use their Social Security number, or SSN, to confirm their identity on tax returns ...

Like any individual, a business needs an identifier to separate it from every other company. Most small business owners get a separate tax identification number (TIN) in order to conduct business, ...

When opening bank accounts, submitting tax return forms, or processing a payroll you’ll be required to fill out a personal or business taxpayer identification number (TIN). Since several numbers can ...

A Tax Identification Number (TIN) is required for all entities to file tax returns. Individuals use their Social Security Number (SSN) as their TIN for personal taxes. Businesses need unique TINs, ...

Tax-identification numbers are required on all tax forms, including tax returns. The number is how your business is identified by the IRS. The tax-identification number for your business can be either ...

Q: I am now the trustee of my mom’s trust. When I went to open a bank account, I was told that I needed a Taxpayer ID number. When my parents set up their trusts the attorney told them that nothing ...

Janet Berry-Johnson, CPA, is a freelance writer with a background in accounting and income tax planning and preparation for individuals and small businesses. Her work has appeared in Business Insider ...