So you have gone through the stages of creating your business and now you are ready to file your tax paperwork so you can be a registered company with the federal government which means opening an account with the Internal Revenue Service (IRS). When you request your Tax ID number, also known as your Employer Identification Number (EIN), you will receive that number and can begin to legitimately operate as that business. Some have questioned “when can I use my Tax ID?” The simple answer is immediately.


Is There a Grace Period?

There is no grace period for you to start using your federal tax ID once you receive it. It could possibly take up to around two weeks before your tax ID number becomes a permanent record within the IRS database. Unfortunately, this can affect the usability of your new EIN in certain and specific situations, but for the most part, it will not stop the functioning of your business or the capability to conduct business under your company name associated with the tax ID number, like opening up a bank account.

Filing Online

When you file for your Tax ID online through you will receive your tax ID number via email the same business day you filed as long as you request the number before 6 p.m. PST. This is the quickest and simplest way to get your tax ID number, and begin operating as a complete business entity.

Getting your EIN is an imperative step in the process and once completed you should be proud to say, “my federal tax ID number is…” Once you completed this phase in the process, you are well on your way to having the successful company you have worked so hard for.

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