What Are the Requirements To Obtain An EIN?

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Launching a startup can be tough. Especially when it comes to all of the legal legwork involved. If you want your dreams to become a reality, it’s important to rely on IRS EIN. We not only help you easily apply for an EIN online, but also enable you to check the status of an EIN any time you want, from anywhere. After you fill out your application, the process typically takes about a day to complete, saving you time and headache.

What is an EIN?

Also known as a Federal Income Tax ID Number, an EIN stands for Employer Identification Number, and sets your company apart as a tax-paying entity within the United States. With one, you can do the same tax-related activities that you would otherwise use a social security number for, including opening a business bank or credit card account and filing for taxes.

EIN Requirements

So, how do you know if you need to obtain an EIN? For one thing, your company must have workers. If you operate your business as a partnership or as a corporation, you will need to get an Employer Identification Number. If you hold income for taxes or other purposes other than paying wages to a non-resident alien, you will need to get an EIN. If you are part of a Keogh plan, trust, estate, farmers’ cooperative, plan administration, or real estate mortgage investment organization, you will need to get an EIN. Also, if you file taxes on excise, alcohol, tobacco, employment, or firearms, your company will need an EIN.

How to Get an EIN Online

IRS EIN makes it simple to get an EIN online. Simply log on to our website and apply right from the comfort of your own home. We make it simple for business owners to get their EIN right away.

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