How do I apply for a Tax ID Number/EIN?
There are 3 steps to obtaining your federal EIN:
- Select your entity type
- Fill out the information on the one-page form (SS-4)
- Submit a one-time federal filing fee for one-hour processing
When will I receive my Tax ID and when will I be able to use it?
You will receive your Tax ID number from the IRS to your email within one hour of submitting the online application through our website. GovDocFiling is committed to processing EIN applications quickly and accurately so that you can start to use your EIN and move forward with your business needs. The EIN can be used immediately for most of your business needs, including:
- Opening a bank account
- Applying for a business license in your state
- Filing a tax return by mail
It’s important to note that it can take up to two weeks for your Tax ID to become recognized by official IRS records. You may have to wait until you can use your EIN to file an electronic tax return, make an e-payment or pass an IRS Taxpayer Identification Number (TIN) matching program.
Please also note that banks have different requirements. Some banks may require the official letter from the IRS, which is sent to the address provided in the online Tax ID application. This can take up to four weeks to arrive.
What entity type is right for me?
The first step in starting your business is deciding which entity type best describes your business. This can be tough to decipher, so we have created a simple survey to help guide you in the right direction. You can start the survey here or review the comprehensive resources on LLC, C-Corps and S-Corporation taxes for each entity type under the “Start your business” section of the website.
Depending on the type of business established, a Tax ID will grant certain benefits unique to the business entity. With a Tax ID, you’ll be eligible to establish a bank account in the company’s name, apply for credit and, in some instances, file income taxes separate from the business.
Should I complete a Tax ID application?
If you answer ‘yes’ to any of the following questions, you will need to file a Tax ID application:
- Do you have any employees?
- Are you establishing a Partnership or a Corporation?
- Are you a Sole Proprietor/individual who wishes to obtain a bank account or credit card in the name of the business?
- Are you paying income taxes or other wages to a non-resident alien?
- Does your business entity have a Keogh plan?
- Note: A Keogh plan is a tax-deferred pension plan available to self-employed individuals or unincorporated businesses for retirement purposes. A Keogh plan can be set up as either a defined-benefit or defined-contribution plan, although most plans are defined as contributions.
- Is your business involved with organizations that include Trusts, IRAs, Estates, Non-profits, farmers’ cooperatives or plan administrators?
If you answered ‘yes’ to any of these questions, file now with our simplified online Tax ID application.