The New York Employer Identification Card (EIC) is a state issued card that serves as an identification number for businesses, allowing them to pay taxes, open a bank account, and hire employees in the state of New York. The New York Department of Taxation and Finance issues the EIC. There are two main types of New York Epics: an individual EIC for sole proprietorship and a combined EIC for partnerships and corporations. The individual EIC requires a Social Security Number and the combined EIC requires a Federal Employer Identification Number. Both cards provide proof of the legitimacy of the business and are issued to employers upon registration with the New York State Department of Taxation and Finance.
The New York Employer Identification Card (EIC) is a state issued card that serves as an identification number for businesses, allowing them to pay taxes, open a bank account, and hire employees in the state of New York. The New York Department of Taxation and Finance issues the EIC. There are two main types of New York Epics: an individual EIC for sole proprietorship and a combined EIC for partnerships and corporations. The individual EIC requires a Social Security Number and the combined EIC requires a Federal Employer Identification Number. Both cards provide proof of the legitimacy of the business and are issued to employers upon registration with the New York State Department of Taxation and Finance.