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all right so in this video i wanted to cover a very common question i see and a definite worry a lot of new business owners have is they say jason my ein does not match the legal entity name that i set up in the state whatever it might be delaware florida wyoming is that a problem is that an issue for me so the short answer is no its not a problem and im going to go through on this slide why thats not an issue one and two why its incredibly common so the first thing to know just from the background here once you set up a legal entity under state law every u.s entity needs to have an ein so an ein is an employer identification number this can be submitted either online or in some circumstances you actually have to fax or paper file a form ss4 which is the ein application so the ein is the tax id number for a company or 10 right so individuals have social security numbers or itins thats their version of a tim for a company its an ein so the ein is absolutely necessary because ever
