Fein meaning: In simpler terms

In simpler terms, FEIN meaning is similar to a Social Security number, but for your business. It’s a unique nine-digit code issued by the Internal Revenue Service (IRS). You might need an EIN if you plan to hire employees or want to operate under a legal structure. The Employer Identification Number ( EIN ), also known as the Federal Employer Identification Number ( FEIN ) or the Federal Tax Identification Number (FTIN), is a unique nine-digit number assigned by the Internal Revenue Service (IRS) to business entities operating in the United States for the purposes of identification. The term “fein” refers to someone who is greatly addicted to substances . The term has been used throughout the Black community for decades, with rappers Travis Scott and Playboi Carti popularizing it when they released a song of the same name. Travis Scott's chorus comprises him repeating the word " fein ," an alternate way of spelling "fiend." Scott openly consumes lean, a mixture of codeine cough syrup and soda, and the word "fiend" refers here to someone struggling with addiction. Playboi Carti directly references this on the last chorus with his "syrup" adlib.