If you ’ re a freelance individual in the gig economy that wants to verify the EIN of the payer or a fiscal institution trying to onboard an entity, TIN pit is the way to go .
TIN pit, or in this context, EIN match, is essential for identifying, validating, and verifying the real identity of the entity. An entity could be a company, an estate, a non-profit administration, or a firm.
EIN search allows you to find and verify the important details of an entity and its stand legal status with the IRS .
This means, you can check the TIN match condition, which gives you insights into the credibility and robustness of the company or the employer .
But TIN matching alone will not be adequate to gain other crucial details about a company .
For case, if you want to check the legal incorporation details, civil indebtedness history, and the tax-exempt security condition of an organization, KYB ( Know Your Business ) checks, such as SOS Entity Search, Tax-Exempt Org. Search and more would be helpful .
For the end discussion of this blog, we will primarily focus on the definitions of TIN match, or in this context, EIN search, and how to check an entity ’ randomness EIN .
sol, let ’ s bring to it .
What Is EIN?
E – Employer
I – identification
N – Number
EIN is a singular identification act assigned to an entity at the time of EIN registration. Businesses apply for EIN with the IRS to request the union agency to assign a unique identification number .
If you ’ re new to this and not surely how to apply for an EIN, we recommend you give this scout a good look .
If you already have an EIN, you can check the real-time status by conducting a elementary TIN match research.
EIN – this unique total of identification can be a combination of letters and numbers. When you enter the EIN along with the legal diagnose of the entity, you will find the EIN match results .
The reason many CPAs and accountants place such high importance on the accuracy of the TIN/EIN is that the IRS may penalize you if you report an faulty TIN and evening reject your returns until corrected .
Let ’ s learn more about this in detail .
EIN Look Up / EIN Validation / EIN Match / EIN Verification
EIN Look Up has many synonymous terminologies. But the mechanism is the same. EIN verification is a work of validating the Employer Identification Number along with the legal list of the entity per the official records of the IRS .
You can verify the EIN with the IRS TIN Match system or use Tax1099 ’ s extremely fast real-time TIN meet program ( more on this as you scroll ) .
If the EIN and the legal name of the entity match the records of the IRS, it ’ s an EIN couple .
If the EIN and the legal diagnose of the entity do not match the IRS records, you may have entered incorrect EIN/legal identify details .
alternatively, if the TIN pit system notifies you that the searched details are invalid, it could mean that the IRS has no record of the entity, meaning that you may have invalid details .
How To Check EIN Of A Company?
For a super-quick real-time search have, we recommend Tax1099 ’ s real-time TIN match course of study which allows you to search 100,000+ TINs within a moment .
We have accelerated the TIN equal march, which means you don ’ t have to wait for hours or days to see the TIN catch results .
All you need is the entity ’ randomness EIN and the legal name ( as registered with the IRS ) to conduct a quick EIN confirmation.
Read more: A step-by-step guide to identity theft
You can besides expand your EIN search by importing your bulk data to our herculean and secure platform. Learn more about our integrations widget to import bulge data .
And you don ’ t have to worry about accuracy. Tax1099 is directly connected with the source i, the IRS ; which means your EIN verifications are met with accurate, real-time results .
Look Up EIN Now | Explore Tax1099