![]() ![]() Once the IRS determines you’re eligible for an EIN, they will fax back confirmation along with your new EIN. You can send a completed SS-4 Form to the appropriate fax number at the IRS. If you want to save time, you can alternatively use ZenBusiness to get your EIN with ease. The IRS will validate your information during the session, and if everything checks out, you’ll receive your number immediately. Through the IRS’s Internet EIN form, you can fill out the application in one quick session. There are a few ways in which you can apply for an EIN: OnlineĬreating an EIN online through the IRS is the fastest and easiest method. Here’s how to register your business before you go on for EIN lookup. In most cases, obtaining your tax identifier is one of the first things you’ll want to do after completing the formation process. Only registered businesses are able to apply for an EIN. You’ll also need an EIN if you file excise taxes or withhold taxes for any nonwage income you’re paying to a resident alien. This holds true for business credit cards as well. Most banks want to see an EIN before allowing you to open a business bank account, even if you’re still a one-person show. This is immediately the case for a business formed as a partnership or corporation. The moment your company hires its second employee, you can no longer use a social security number and must file for an EIN. Even if one isn’t required, obtaining an EIN can help separate personal and business dealings. Each of these business types will need to provide the owner’s social security number in its place. Sole proprietorships and single-employee LLCs can skate by without needing an EIN. If applying online, you’ll receive a number immediately, along with a confirmation letter for your records. The Internal Revenue Service (IRS) issues EIN numbers to companies for free. It acts like a personal social security number and is tied to your company for life. What is an EIN? – EIN LookupĪn employer identification number (EIN) is a unique nine-digit code your business uses for tax purposes. This article explains the purpose of an EIN, when to get one, and shares the ways to look up a misplaced EIN or locate the identifier of another business should you so desire.ĭon’t have an EIN? Get one now. Without it, your business can end up in hot water with the IRS. Your EIN is an integral part of your business. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |