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 simplified 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 within 1 hour of submitting your online TIN application through the website. Gov Doc Filing is committed to processing EIN Applications quickly and accurately so that you can start to use your EIN and get along with your business needs! You will receive your Tax ID to the e-mail submitted in the EIN online form. The EIN can be used immediate for most of your business needs, including:
- Opening a bank account
- Apply for a business license in your state
- File a tax return by mail
Yet it can take up to 2 weeks for the Tax ID to become a part of the official IRS records. You may have to wait until you can use your Employer Identification Number to file an electronic tax return, make an e-payment, or pass an IRS Taxpayer Identification Number (TIN) matching program.
Please note that different banks have different requirements. Some banks may require the official letter from the IRS, which gets sent to the address provided in the online Tax ID Application. This can take up to 4 weeks to arrive.
What entity type is right for me?
The absolute first step in starting your business is deciding which entity type is right for your business. This can be a tough decision, so we have created a simple survey to help guide you in the right direction. Start the survey here, or review the comprehensive resources on LLC, C-Corps & 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 number will grant certain benefits unique to the business entity. With a Tax ID number, 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 Koegh plan?
- 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, you will need to complete a Tax ID application. Don’t wait to obtain this important Federal Tax ID number. File now with our simplified online Tax ID application.