Most businesses, even online store fronts, should have an employer identification number. There are some exceptions to the rule, for instance. If you register as a sole proprietor, you may not need an EIN. However, if you plan on hiring employees, the best bet is to apply for an employer identification number. This 9-digit code will be beneficial when filling out legal documents, applying for business licenses and hiring employers. There are a few different ways to apply for your EIN, one way is through the EIN application online.
- Online: Access https://sa.www4.irs.gov/modiein/individual/index.jsp 24/7 days a week to fill out the form with all of your business’s information. Be quick though because the secure form times out after a while. Once you’re approved, an email will be sent with your employer identification number.
- Telephone: 1-800-829-4933, weekdays only. This is a toll-free number. International applicants should call 1-267-941-1099; this number is not toll-free. Fees may apply.
- Print: Either mail or fax this form https://www.irs.gov/pub/irs-pdf/fss4.pdf to the address here: https://www.irs.gov/uac/where-to-file-your-taxes-for-form-ss-4
(Faxes should be received within 4 business days)
Regardless of how you choose to apply, receiving your employer identification number may take up to two weeks. Be sure to read the guidelines on the IRS website prior to filling out your application, to minimize errors and wait time. Be on the lookout for scams that advertise pricy help just to apply for your EIN number. You can fill out the forms yourself, after all it is your own information. The IRS will never ask you for a dime, and the application process offers an easy walk through. If you ever change partners, file bankruptcy or alter the structure of your business, you will need to file for a new EIN.