Question about EIN (Employee ID Number)

sonicsshadow

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I'm not sure where to post this, but THIS DOES HAVE TO DO WITH EARNING MONEY FROM WEBSITES.

So, as we all know you can use services like Adsense and Adbrite to make money from your website, however you need something called an Employee ID Number in order to get the money.
I have a question about this.
What does an Employee ID Number do to you? Does it mean you have to pay taxes, or do anything related to tax reports. What does have it mean, what do you have to do as a result of getting one.
Are there any cons to getting one?
 

admintwo

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Uhm if you live in the USA, then that would be your social security number.....

Giving that away to someone you do not trust, or have not met in person is a BAD IDEA.....they could, open a bank account, credit cards buy a car....just don't give it away, if you can't trust them.
 
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