NEW YORK, NY (rushprnews) May 18, 2007Â — The U.S. Government requires financial institutions to verify Business TAX ID information on all account holders and new accounts – a new database makes these EIN Numbers easy to uncover and verify. FEINSearch.com, a service of NOBLE Ventures, has compiled one of the nation’s largest Business TAX ID Database repositories of over 7.5 million EIN records.
FEINSearch is offering a limited free search period (including 10 free searches) to new registrants. FEINSearch.com users can search over 7.5 million U.S. business entities and Trusts as well as 501(c)(3) non-profits to locate and verify the Business TAX ID number assigned by the Internal Revenue Service.Under the USA Patriot Act, all financial institutions such as banks, brokers, insurance and even shipping companies must record and verify (EIN Search) the identity and TAX ID of all account holders.
Accountants and financial planners often refer to the Trust TAX ID or EIN in preparing documents, tax returns, and required filings. FEINSearch.com will prove to be a valuable tool to locate and verify TAX ID numbers of businesses and Trusts in the U.S., and a useful tool in USA Patriot Act and AML (Anti Money Laundering) Compliance.Â HR 3162 is also known as the USA Patriot Act and requires financial institutions to install certain compliance procedures. In 2004 the U.S. Customs and Border Protection began requiring EIN data reported on customs forms for those U.S. entities receiving shipments from abroad.FEINSearch (www.FEINSearch.com) is a powerful tool to financial compliance and risk professionals, state and federal contracting officers, corporate investigators, compliance agents and law enforcement agencies.
Local and county business tax officials use the portal to verify proper business occupational and professional licensing. Additional search features include: ability to verify Tax Exempt, Non-Profit status, locate Business Federal Tax Liens, and verify Business Officers or Signatories.The database is built and maintained by www.NOBLEVentures.com, a leader in analytics data, risk management and direct marketing databases.