A tax identification number, also referred to as a TIN, is a set of unique digits utilized by the Internal Revenue Service (IRS) in the administration of tax laws. You either receive it by the Social Security Administration (SSA) or by the IRS itself.
Does My Business Need One?
A tax identification number must be used on statements, returns, and other documents related to tax purposes. For example, you will need to use one when filing your tax returns or claiming treaty benefits. It needs to be on a withholding certificate if you are claiming exemptions for income, exemptions from particular annuities, or tax treaty benefits, other than for income from marketable securities.
How Long Does It Take to Get a Tax Number ID?
You will get your EIN via email on the same business day that you apply for it, unless it was submitted after 6 pm PST. You will be able to utilize your tax identification number for many of your company needs immediately.
When Can I Use My Tax ID Number After I Receive It?
It may take up to two weeks for your tax ID number to become part of the IRS’s permanent records, which can affect its usability in certain situations.
If you wish to register for an EIN, you can do it within minutes with our tax ID number online application. We make it easy for you to apply safely and securely from the comfort of your own home. If you have any questions, contact us today to learn more or visit the FAQ on our website.