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In this video, the presenter guides viewers on creating a free Employer Identification Number (EIN) for their business. They emphasize the importance of using the correct website, irs.gov, to avoid paying fees for this service. The process is quick and easy, taking only a few minutes. The presenter acknowledges the existence of other websites that offer similar services for a fee but aims to demonstrate how to acquire an EIN for free. Viewers are directed to the IRS website to locate the EIN application form and complete the necessary steps.
