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In this YouTube video tutorial, the presenter, known as the bad wolf, discusses the process of obtaining an Employer Identification Number (EIN). He explains that an EIN is a number needed to avoid using a social security number in business transactions. The video covers the importance of an EIN, how it can be acquired, and the associated costs. The presenter clarifies that an EIN and an ITIN are essentially the same, both being 9 digit numbers. The video addresses the delay in providing this information and aims to provide clarity on the topic.
