A tax ID number is defined as an identification number used in implementing tax laws by the Internal Revenue Service, or IRS. The tax identification number is also referred to as TIN and is issued by either the IRS or Social Security Administration, or SSA.
The Internal Revenue Service assigns each school a tax ID number for the purpose of tax administration, according to the Seattle PI. The federal government recognizes schools as business entities and therefore requires a tax identification number.
The estate tax is tax on property transferred from a deceased person to his heirs, explains the Center on Budget and Policy Priorities. Only wealthy estates pay estate tax because the levy applies to estates that exceed $5.43 million per person, as of 2015.
A federal tax ID number, or an employer identification number, is a number used to identify business entities, the IRS says. This number is needed when businesses file withholding certificates, tax returns and documentation. Some trusts and estates need an EIN as well.
A tax I.D. number search can be conducted on the investor relations page of most publicly traded company's websites, through the Securities Exchange Commission's online Edgar database or by subscribing to an online commercial database service. Tax I.D. numbers are also ...
A hospital tax ID number is a number given to a hospital by the IRS for identification purposes. A tax ID number is used by the IRS to keep track of businesses, as stated by the U.S. Small Business Administration. Since many hospitals have to operate as businesses, they...
Federal Tax Identification Numbers are used for opening a bank account or brokerage account, and for reporting withholding tax. A Federal Tax Identification Number is also known as an Employer Identification Number or EIN, and is equivalent to a social security number f...