Definition of Federal Tax Identification Number (FEIN):
This is a number assigned to a corporation, LLC or other business entity by the Internal Revenue Service for tax purposes (similar to a Social Security Number, but for entities). See IRS Form SS-4.
Today’s Question — Saturday, February 4
Must my corporation’s name end in “Inc.”?
No, you can typically choose from “Inc.”, “Incorporated”, “Corp.”, “Corporation”, “Limited” and similar names and abbreviations to indicate to the public that the entity is a corporation. The law varies from state to state and should be considered when forming your corporation. However, corporations do typically need to use one of these words or abbreviations.
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