If you’ve formalized your business by incorporating and obtaining an EIN — which I do thoroughly recommend for most writers — it is important to remember that this information is just as sensitive as your own Social Security number. Just as someone with access to your SSN can do all sorts of damage to your [...]
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Ever had a client ask for your FEIN, EIN or TIN? They’re the same thing: a Federal Tax (or Employer) ID Number. These numbers are used for companies paying federal taxes. The ‘Employer’ in the name refers to the fact that employers are basically required to have such a number, in order to pay taxes [...]
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