What Is an EIN?
An Employer Identification Number (EIN) is a unique 9-digit number assigned by the IRS to identify a business entity. Think of it as a Social Security number for your business. It’s used for taxes, opening a business bank account, hiring employees, and more.
How Do I Get My EIN?
You can get your EIN in a few simple steps directly from the IRS. Here’s how:
1. Determine Eligibility
- You must have a legal business structure (LLC, corporation, partnership, or sole proprietorship).
- You must be located in the U.S. or U.S. Territories.
- The person applying must have a valid taxpayer identification number (SSN, ITIN, or another EIN).
2. Apply Online (Fastest Method)
- Visit the official IRS EIN Assistant: irs.gov/EIN
- The process is free and takes less than 15 minutes.
- You’ll receive your EIN immediately after completing the application.
3. Apply by Fax or Mail
If you prefer not to apply online:
- Complete IRS Form SS-4.
- Fax it to the IRS at the number listed on the form, or mail it in.
- Processing takes 4–5 business days by fax or 4 weeks by mail.
What You’ll Need to Apply
- Legal business name
- Business structure type
- Responsible party’s name and SSN or ITIN
- Business address
- Reason for applying (e.g., hiring employees, banking)
Final Tips
- It’s free to get an EIN from the IRS. Avoid third-party services that charge hidden fees.
- Save your EIN Confirmation Letter (CP 575)—you’ll need it to open a bank account or apply for licenses.
