What is an EIN?
An employer identification number (EIN) is a number assigned by the IRS used to identify a business entity. It is also used to identify tax payers who are required to file various business tax returns.
How to Apply for an EIN?
There are several ways to apply for an EIN. You may apply for an EIN by completing an SS-4 form and mailing it directly to them. The simplest way to apply for an EIN is online. Please click here to apply for an EIN online.
It’s quite simple to complete the application process. The SS-4 form is compiled of a list of questions to complete. If applying online, the IRS asks the questions and you would just provide the answers. If the EIN is applied via mail, the IRS will respond in about two weeks. If you apply for the EIN online, the IRS typically is able to supply the number right away. You do not need to complete and SS-4 form if you apply for the EIN online.
We strongly recommend that you apply for an EIN after you have set up the business properly with the state. The IRS presumes that once you have applied for the EIN number, the entity has already been legally formed. For more information about forming your entity, please click here.
Filing for Tax-Exempt Status
Before filing for a tax exempt status, please be sure to ensure that the entity has been properly set up. There are different types of tax-exempt status you can apply for. These types include charitable, religious, educational organizations, and other nonprofit or tax-exempt organizations.
Diversified Business Solutions, Inc. can help you file your entity incorporation documents and assist in appling for your EIN. Please click here for call us at (916) 480-1225 for more information.