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.

There are several reasons you will need to have an EIN. You will use the EIN to track tax obligations, and without the EIN you will have trouble filing the proper taxes. An online application can be the quickest and most efficient way to secure your EIN.

What Goes Into the EIN Application?

When it is time to secure your EIN, filling out an online application can be the best way to grow your business. Once your application is completed, you will have your EIN within 24 hours. If you choose to apply for your application via the phone or mail, it can take up to two weeks to get a response.

The IRS uses the EIN to identify your business for tax purposes. Whether your business has 0 or 100 employees, you will need an EIN. Securing an EIN is the perfect way to protect the privacy of your business, and help you avoid identity theft.

How to Secure Your EIN

If you are unable to secure your EIN, you will not be able to file taxes for your business. When there is a delay, you will not be able to get tax documents to your employees and shareholders. You will be late in filing taxes for your business, which could hurt in a possible audit.

To request an EIN, you simply need to fill out an application. If you’re asking yourself, “Why can’t I get an EIN online?” Don’t worry, you can! Getting an EIN online is actually pretty easy.

One of the first things your business will need to do is secure an EIN. Getting an EIN will help your business not only at tax time, but also throughout the year. You can secure valuable capital and save time in the running of your business with an EIN.

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