Your Employer Identification Number (EIN) or Taxpayer Identification Number (TIN) is an essential component of the Internal Revenue Service’s tax filing and administration system. The IRS requires most types of entities or private citizens involved with certain activities to obtain an EIN or tax ID. Once you’ve used IRS EIN Tax ID Filing Service to complete an EIN number application and have received your new ID number, you’ll be ready to file many kinds of forms, engage in certain types of financial transactions and even conduct business.
Obtaining a new or different business EIN number is a necessary step for many businesses, nonprofit groups and private citizens managing certain types of fiduciary or legal entities. First, an EIN enables sole proprietorships, partnerships, limited liability companies and corporations to perform several important functions:
• Complete tax returns and other IRS forms
• Make tax payments
• Use electronic taxpayer identification number (TIN) matching tools
• Open financial accounts
• Apply for vendor permits and licenses
• Establish a business credit history
Additionally, an EIN allows nonprofit organizations and church-controlled groups to perform these same functions. Individuals administering a deceased person’s estate or trust can also file tax forms and manage fiduciary and legal affairs with a unique tax ID number, since the state or trust exists as a separate legal entity.
If you’re wondering how to obtain an EIN, look no further than IRS EIN Tax ID Filing Service’s online application. Our services are available 24 hours a day, seven days a week so you can apply for an EIN from the comfort of your home or office. Request your EIN before 3 p.m. Pacific Time Monday through Friday and you’ll also receive your new number on the same business day. Avoid the confusion, frustration and lengthy paperwork and choose IRS EIN Tax ID Filing Service today.