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What is a Federal Employer Identification Number, and are nonprofit corporations required to have one?

April 26, 2017corporations employer Federal Identification nonprofit

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What is a Federal Employer Identification Number, and are nonprofit corporations required to have one?

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A A Federal Employer Identification Number is a number which your corporation must obtain from the IRS for the purpose of identifying itself in correspondence involving tax matters. Every non-profit corporation must have one, even if it has no employees.