Any new entrepreneur quickly realizes there is a lot to do to get your business up and going. Between websites and marketing, business licenses and bank accounts, there’s not a lot of time to focus on the tax aspect of your business until…well, tax time. When starting a small business, you’ll need to obtain a Federal Tax ID number from the IRS in order to file taxes and have your business be recognized. This is also referred to as EIN, or Employee Identification Number. Here’s how to get one:
Apply Online. The quickest and easiest way to obtain an EIN is through the IRS website. You must complete the application all at once because you can’t save it and return later. Have your Social Security Number handy, as well as your business information. Apply for your EIN online here.
Apply by Mail. A mail application for an EIN generally takes about four weeks to be processed. You’ll need to send a Form SS-4 as your application. See where to send your application to here.
Apply by Fax. Complete the SS-4 and send to the appropriate fax number found here. The turnaround time for an EIN application through fax is about four business days.
Apply by Telephone. This method is for international applicants only. International applicants may call 267-941-1099 (not a toll-free number) 6:00 a.m. to 11:00 p.m. (Eastern Time) Monday through Friday to obtain their EIN. The person applying for the EIN by telephone must have all information pertaining to the SS-4.
Other Important EIN Information
- In order to obtain an EIN, your business must be located in the United States.
- Only one EIN can be granted per eligible person per day
- If you have misplaced your EIN, do not apply for a new one. Find out what to do if you’ve lost your EIN here.
- For more information on obtaining an EIN, visit the IRS website.
Have a question about obtaining your Tax ID number from the IRS? Give us a call, we can help!
Frequently Asked Questions:
Why do I need a Tax ID number (EIN) for my small business?
A Tax ID number, also known as an EIN, is essential for filing taxes and establishing your business’s identity with the IRS.
What information do I need to apply for an EIN online?
To apply online, you’ll need your Social Security Number and your business information readily available.
How long does it take to get an EIN through the mail?
Generally, it takes about four weeks for the IRS to process a mail application for an EIN using Form SS-4.
Can I apply for an EIN by fax?
Yes, you can apply for an EIN by fax using Form SS-4. The turnaround time for fax applications is approximately four business days.
What should I do if I’ve lost my EIN?
If you’ve misplaced your EIN, do not apply for a new one. Instead, follow the appropriate steps outlined by the IRS to retrieve your lost EIN.
