If you are starting a new business, you most likely have heard the term EIN, which stands for an Employer Identification Number. When first learning about an EIN, you may be confused as to what the number is for and if it is the same as a tax ID number. An EIN is a number consisting of nine digits that work for a business like a social security number works for an individual. This number is considered a tax ID. When you start a new business, you need a federal tax ID number for that entity.
Obtaining A New EIN
When you need an EIN for your business, you will need to fill out an IRS form known as the Form SS-4. This form can be filled out online via IRS-EIN-Tax-ID.com, allowing you to complete the process of obtaining an EIN number with ease. The forms for all types of entities and needs are found online, making the process super simple. If you need an EIN number for an estate, trust or non-profit, you will find information available on these types as well.
Once you visit the site, you will have access to forms based on your entity type. If you need an EIN number for your business, you choose the type of business you are filing for. This could be a sole proprietorship, a partnership, etc. If you are filing for an estate or trust, there are categories for that as well.
Any time you need assistance with filling out paperwork, the support team is on hand to help. This makes applying for an EIN simple. For beginner business owners, the wording on the paperwork may seem confusing. With the help of IRS-EIN support staff, the paperwork is filled out quickly and once you hit submit, a new EIN number will be emailed to you shortly.