Tax ID: definition, example, and why it matters
In the US: SSN for individuals, EIN for businesses, ITIN for non-resident individuals. Required on every invoice over a state threshold.
- Short definition. A generic term for any government-issued number that identifies a taxpayer.
- Category. Tax ID is a tax term used by service businesses when billing customers.
- How Glo Invoice handles it. Glo Invoice builds tax id into the invoice itself, so you don't track it on paper or in a spreadsheet.
Frequently asked questions
What does tax id mean?
In the US: SSN for individuals, EIN for businesses, ITIN for non-resident individuals. Required on every invoice over a state threshold.
