The amount of time that it takes to obtain an EIN number from the IRS depends on how you submit the application:
-Online; Same Business Day: You will receive an EIN number immediately when applying online.
-By Fax; 2 – 5 Weeks: Obtaining an EIN number can take several weeks if you need to fax the Form SS-4 Application to the IRS.
-By Mail; 4-5 Weeks: The IRS takes approximately 4 weeks to process Form SS-4 Applications that are received by mail.
In order to submit the EIN application online, the responsible party for the business must have a U.S. Social Security Number. If the responsible party does not have an SSN, then the EIN application will need to be submitted to the IRS by fax.
An EIN specifically refers to the “Employer Identification Number,” which is the unique identifier for businesses with the IRS. A Tax ID Number is a more general term that can refer to any tax identification number, including Social Security Numbers and ITINs (Individual Tax Identification Numbers) for individuals.
Applying for an EIN is a simple process that can be done through a Registered Agent, like IncNow, or directly with the IRS. Keep in mind that you, as the responsible party, need to have a U.S. Social Security Number in order to expedite the process when obtaining an EIN online.
If the responsible party does not have a Social Security Number, an EIN may not be obtained online, but it may be obtained by faxing the completed Form SS4 to the IRS with a copy of your passport and the stamped filed copy of your Certificate of Formation. This process may take the IRS 4 to 6 weeks to issue the EIN, but it remains the fastest available alternative for many Delaware LLC owners who are not citizens or green-card holders.
IncNow can assist with the application process as a third party designee.
It is possible to obtain your Federal Tax ID Number instantly on the IRS website. However, many novice entrepreneurs are intimidated by the process and the complicated questions. IncNow offers a service to obtain your EIN by completing the IRS Form SS5 as your third-party designee. This EIN service typically only takes one business day. For non-citizens applying for an EIN for a US business, the IRS may take up to 4 to 6 weeks to issue the EIN.
If you need to find your EIN, there are several methods you can try. You can check with your business bank, review past tax returns, contact your registered agent, or call the IRS’s Business & Specialty Tax Line for assistance.
Every business should have its own Employer Identification Number (EIN).
A Series LLC might use one EIN for its master LLC, however, different EINs are recommended for each protected series within the LLC.
EIN numbers are nine digits and have the following format: two digits, a dash, followed by seven more digits (e.g., 12-3456789).
Yes, you can apply for an Employer Identification Number (EIN) before forming your company. However, it is often not advised to do so. It is recommended that you wait for LLC or corporation to be formed before applying for an EIN number from the IRS. By doing this, you can ensure that your company name is approved and gets attached to the EIN.
Are you wondering if your business changes require a new EIN? Generally, changing your company’s name or location doesn’t require a new EIN if the business operation remains unchanged. However, the IRS specifies certain situations where getting a new EIN is essential, like forming a new corporation after a merger or if a single-member LLC elects S-Corporation tax status.
An LLC should obtain an EIN number before beginning to conduct business. An EIN number is required to complete many necessary business functions, like paying payroll taxes, opening bank accounts and obtaining business licenses.
Yes, corporations need to have an EIN number in order to do business. An EIN number is required to pay federal taxes, open business bank accounts, run payroll and obtain business licenses.
The owners of a corporation are not able to use their personal Social Security Numbers as the federal tax ID number for the company. The corporation must obtain its own EIN.
An Individual Tax Identification Number (ITIN) is a type of federal tax ID number for individuals, while an Employer Identification Number (EIN) is for businesses.
ITIN’s are typically obtained by non-U.S residents who need to file taxes in the U.S. but are not eligible for a Social Security Number.
EIN numbers are assigned to business entities, like LLCs and corporations.
No, businesses cannot share the same EIN number. EIN numbers are unique identifying numbers and can only be used by one business entity at a time.
Obtaining your EIN can be quick and straightforward. You can order IncNow’s® EIN Application service by visiting our easy to use online order form.
You can also contact IncNow by phone or by email to order our EIN Application service
Call IncNow to order at 1-800-759-2248.
Email IncNow to order at agents@incnow.com.
For U.S. customers, IncNow can often secure your EIN the same day you form your business.
For international customers, obtaining the EIN number can take between 2-5 weeks. Foreign individuals who do not have a U.S. Social Security Number cannot complete the EIN application online and must submit the application to the IRS by fax.
Talk to a Pro: 1-800-759-2248