how to find the ein of a company

If you need to have an Employer Identification Number (EIN) for your business, the awarding process is fairly unproblematic. Knowing what information is required tin make filling out the application easier.

If your business has one or more employees, you will demand to obtain an Employer Identification Number (EIN). Notwithstanding, even if your company does not have employees, other situations will require an EIN.

An EIN may exist required past IRS, state or local government agencies, or fiscal institutions. Find out what an EIN is, when one is required, and how to become one.

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What Is an EIN?

An EIN is a nine-digit number assigned by the IRS and is used past sure types of business entities to file tax documents with the federal government. Information technology may also be needed for state regime filings and financial accounts in the name of the company.

The term Employer Identification Number is really an inaccurate description, every bit an EIN is often required for a company that does non take whatsoever employees. For this reason, it is sometimes referred to as a Taxpayer Identification Number or a Tax ID Number and abbreviated equally TIN.

When Is an EIN Needed?

The IRS requires any business that has 1 or more employees to have an EIN. If you lot expect to hire any employees within the adjacent year, y'all should get an EIN.

Even if a company does not accept any employees, the IRS requires an EIN for:

Any business that is required to pay federal excise taxes.
Whatever business that establishes a pension, profit-sharing, or retirement plan.
Whatever partnership.
Any corporation.
A multiple-member LLC, regardless of how information technology chooses to be taxed.
A single-member LLC that elects to be taxed as either a C corporation or an S corporation. (A single-member LLC taxed as a sole proprietorship is not required by the IRS to take an EIN. However, there may be skilful reasons to obtain one anyhow, as discussed below.)

Fifty-fifty if the IRS does not require an EIN, y'all may find information technology necessary or desirable to obtain an EIN in one or more of the following situations:

Y'all are required to have an EIN by a state or local government bureau.
You wish to open a depository financial institution account, obtain a credit menu, or have out a loan in the name of the visitor and are required to have an EIN by the fiscal institution.
You desire to accept an EIN for your business concern rather than using your personal Social Security number. This gives y'all some degree of privacy protection past separating your business from your personal finances. However, you lot may not obtain an EIN simply as a replacement for your Social Security number.

How to Get an Employer Identification Number

To apply for an EIN, you lot will demand to file Grade SS-iv, Application for Employer Identification Number (EIN), with the IRS. Filing tin can be done online, by fax, or by mail. Online filing will get you an EIN immediately. Filing by fax takes almost four days, and filing by postal service takes about four weeks.

The second folio of Form SS-4 has a table to help you lot determine if you need an EIN and which lines of the form you lot demand to fill up in for each state of affairs. For complete data, including line-past-line instructions, refer to the IRS Instructions for Form SS-4 and IRS Publication 1635, Employer Identification Number: Understanding Your EIN.

Generally, the EIN application form requires y'all to make full in the following information:

The full legal name of the entity. Be sure to read the instructions in Publication 1635 if the name has any non-alphanumeric characters other than a hyphen (-) or ampersand (&).
Whatever trade proper name used by the business. This is too known as a "doing business concern every bit" or DBA name, a "fictitious name," or an "assumed name."
The company's mailing address and street address if different from the mailing accost.
The name of a "responsible party." This is a person who controls, manages, or directs the business operations.
The responsible party'due south Social Security number (SSN), Private Taxpayer Identification Number (ITIN), or EIN. (The IRS issues an ITIN to a taxpayer who is non eligible for an SSN.)
Whether the application is for an LLC. If so, the number of members must exist listed, and you must indicate whether the LLC was organized in the United States.
The type of entity. For a business concern, the choices are sole proprietor (you will fill in your Social Security number), partnership, corporation, or personal service corporation. If the company is an LLC, read the Instructions for Form SS-4 relating to line 9a, or apply online and select "Limited Liability Company" as the blazon of entity. There are other types of organizations listed on the form, but these are not for business entities.
If the entity is a corporation, the state or strange country of incorporation.
The reason for applying for an EIN. Select one of the options on the course.
The engagement the concern was started or acquired.
The closing month of the visitor'southward bookkeeping yr.
The greatest number of employees the visitor expects to have in the next twelve months. If you don't expect to pay more than $v,000 in total wages to all employees, there is a space to elect to file an almanac tax return rather than quarterly returns.
The outset engagement employee wages were paid if any.
The principal action of the business organization, selected from 1 of the choices on the form.
The chief goods or services provided by the business concern.
Whether the entity has previously applied for an EIN, and if so, the previous EIN.
Appropriate signatures, dates, addresses, and phone and fax numbers for the applicant and whatever third party designated to receive data and inquiries relating to the awarding.

Whether an EIN is required by the IRS, another government agency, or for some other reason, getting one is simple and easy. But consummate and file a ane-folio grade. Filing is gratis and may be done online.

Source: https://www.legalzoom.com/articles/how-to-get-an-employer-identification-number

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