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hey guys itamp;#39;s Charlie and in todayamp;#39;s video Iamp;#39;ll be showing you how to get an EIN for your business for free now a lot of services they charge about $50 to do this for you but in just a few minutes Iamp;#39;m going to show you guys how to do it itamp;#39;s super super easy the IRS allows you to do this for free and it just takes a few steps on their website now if you donamp;#39;t know what an EIN is it basically stands for employer identification number you can sort of think of an EIN as a social security number for a business right so you yourself have a Social Security number but for a business theyamp;#39;re not going to have an SSN theyamp;#39;re have something called an EIN this basically allows the IRS to track your business and yeah if youamp;#39;re trying to hire employees or youamp;#39;re trying to file your taxes or youamp;#39;re trying to open up a business bank account you will need to have an EIN so the first important step is that you get t