What Happens If I Don’t Get An EIN?

Back to FAQs

 

One of the first things you’ll do when starting a new business is establish the entity type and register the appropriate tax-filing status. In most cases, a business will need to apply for an Employer Identification Number (EIN), which is a tax ID used by the Internal Revenue Service (IRS) to track tax obligations. You can get an EIN online, or you can apply by phone or regular mail. However, if you don’t get an EIN for your business, you may not be able to file the appropriate taxes.

The Best Way to Get An EIN Number

The online EIN number for business application is the fastest and easiest way to obtain this important tax ID.

Online applications help simplify things so business owners make easy work of complicated tax forms and registration processes. In just a few minutes you can apply, and you’ll receive your EIN number within 24 hours.

You may also choose to apply by phone or mail, but these application methods can take up to two weeks to process.

Don’t Wait to Get an EIN Online

You will not be able to file taxes for your company if you do not have an EIN number for your business. There are a few exceptions to this rule, including sole proprietors, and limited liability companies without employees.

It can take up to two weeks for the IRS to log your new EIN number into their permanent records, which means if you wait until early April to request an EIN, you may be late furnishing important tax documents to employees, members, or shareholders, and it may also delay your ability to file taxes on behalf of the business.

Don’t wait to get an EIN online. Apply today and you can have your EIN number by tomorrow.

Select Your Entity Type to Apply for a Federal Tax ID Today