How to Apply for an EIN for Corporation?
The EIN is useful for many different types of businesses. EIN is usually needed for businesses to file tax returns, pay employees, and open bank accounts.
Employer Identification Number (EIN) can also be used to apply for certain government licenses and loans. However, you don’t need to obtain an EIN if you’re a sole proprietor or a self-employed individual. If you don’t know how to apply for an EIN for a corporation, the only thing you should know is that you simply complete a series of questions and checkboxes that are provided in an IRS Form, Form SS-4.
Once you have answered these questions, you will be able to apply for an EIN. In most cases, you will receive your Employer Identification Number the same day, so you can begin using it immediately.
IRS Form SS-4, Application for Employer Identification Number
If you own a corporation, you must file an IRS Form SS-4 with the Internal Revenue Service. The form is used to report the tax status of your business. Sometimes, you may need to file two separate forms to report your income and expenses. If you’re unsure how to complete the form, you should seek help from a licensed tax professional. You can apply for an Employer Identification Number in four different ways:
- Apply Online: The process is simple and quick. Applying online is the easiest way. You’ll need to know your business name, address, and founding date. After submitting the form, you’ll receive your EIN immediately. You can then use it to apply for loans, open a bank account, and give to vendors. Your EIN will be with you for the duration of your business, and you can use it whenever you need it.
- Apply by Fax: Once you fill out all the required information on Form SS-4, you can fax the completed form to the IRS.
- Apply by Mail: You can fill out IRS Form SS-4 and send it via Mail. You’ll need to provide your Mail.
- Apply by Telephone – International Applicants: International Applicants may call 267-941-1099 from 6 a.m. to 11 p.m. (Eastern Time) Monday through Friday to get their EIN.
This means that you can fill out IRS Form SS-4 by Mail. You’ll need to provide your Mail and a fax number. The fax number must be easily accessible to the IRS so they can send the EIN to you. Once you fill out all the information required, you can mail or fax the completed form to the IRS.
