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In this video tutorial, the Bad Wolf explains the importance of getting an Employer Identification Number (EIN) as an alternative to using your social security number. He clarifies that EIN and ITIN are essentially the same, both being 9-digit numbers. The tutorial aims to guide viewers on how to obtain an EIN, discussing the process, cost, and benefits of using it for business purposes. The Bad Wolf addresses previous delays in creating this tutorial and emphasizes the importance of obtaining an EIN for financial security.
