An Employer Identification Number (EIN) is like a Social Security number for your business. It’s required for hiring employees, opening a business bank account, filing taxes, and more. Here’s a clear guide on how to get an EIN number for a business.
What Is an EIN Number?
An EIN, also known as a Federal Tax Identification Number, is issued by the IRS to uniquely identify a business for tax purposes.
Who Needs an EIN?
You need an EIN if your business:
- Has employees
- Operates as a corporation or partnership
- Files any employment, excise, or alcohol, tobacco, or firearms tax returns
- Has a Keogh plan
- Withholds taxes on income paid to a non-resident alien
Even single-member LLCs and sole proprietors may benefit from having an EIN.
How to Get an EIN Number for a Business
1. Apply Online via the IRS Website
- Visit the official IRS EIN application page.
- The online EIN application is available Monday–Friday, 7 AM to 10 PM EST.
- You’ll receive your EIN immediately upon completion.
2. Apply by Fax or Mail
- Fax: Send Form SS-4 to the appropriate IRS fax number.
- Mail: Mail Form SS-4 to the IRS. Processing takes up to 4 weeks.
3. Apply by Phone (International Applicants)
- If your business is outside the U.S., call the IRS at +1-267-941-1099 (non-toll-free).
Documents You Need
- Legal name and structure of your business
- Responsible party’s name and SSN or ITIN
- Mailing address
- Reason for applying
Is There a Cost?
Getting an EIN from the IRS is completely free.
Final Thoughts
Understanding how to get an EIN number for a business is essential for proper tax reporting and financial setup. Apply early to ensure smooth business operations.