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The video tutorial by the Bad Wolf explains the process of obtaining an Employer Identification Number (EIN), which is used instead of a social security number for business purposes. The EIN is essential for conducting business and is a 9-digit number series. The tutorial addresses the process of getting an EIN, its cost, and the benefits of using it instead of a social security number. The tutorial aims to provide guidance on the steps to take in acquiring an EIN for business purposes.
