Applying for a tax ID number for your business is necessary to run a legitimate company. The process can be completed one of four ways, taking anywhere between 20 minutes to a few days. A business tax ID number is also known as an EIN or employer identification number. To begin the process, navigate the website of internal revenue services until you come across Form SS-4. A business can proceed to download this form and make one of four choices. If you are lacking a printer, travel to your local library for a free copy of the forms.
The first and most preferred option, according to the IRS is that businesses apply online for an EIN number. The application process is open to all legal US businesses within the states or surrounding territories. It is perhaps the fastest option, taking around 20 minutes and offers almost immediate approval. If the internet isn’t an option for you, the phone works too. Lines are open weekdays 7am through 10 pm. Call the IRS at 800-829-4933 to speak to a representative that will walk you through the application process. At the end of the phone call, the business owner is provided with their employer identification number.
Lengthier options include fax machines and snail mail. The IRS requests that you send your faxes to the number specific to your state and remember to provide your fax number for a response. A tax ID will be sent over to the recipient within an estimated 4 business days. The final option to obtain your business tax ID number is to process your application through the mail, the IRS will get back to you within a month with your tax ID number. Online, such as IRS-EIN-TAX-ID.com and phone are better options.