- Created on 20 August 2012
A Federal Tax ID Number, also known as an Employer Identification Number or EIN, is basically a Social Security Number (SSN) for a business. It is the number the Internal Revenue Service (IRS) uses to identify the business and it must be included on all tax filings the business makes. Also, banks generally require a Federal Tax ID (EIN) Number to open a business bank account.
If you currently operate your business as a sole proprietorship or general partnership and are now looking to incorporate or form a limited liability company (LLC), you must obtain a new Federal Tax ID (EIN) Number for your business.
BizFilings obtains your Federal Tax ID (EIN) Number from the IRS on behalf of your business. The typical turn-around time for this service is 2-3 days after we receive approval of your formation filing from the state. Once BizFilings receives the Federal Tax ID (EIN) Number from the IRS, the completed form will be available within the Online Corporate Status Center and the EIN will be emailed to the address on file.
In order to obtain the Federal Tax ID (EIN) Number for your business, you must provide your SSN or Individual Tax Identification Number (ITIN). If you do not have a SSN, you must obtain an ITIN from the IRS prior to being able to apply for the Federal Tax ID (EIN) Number for your business. BizFilings does not assist with form preparation for or the obtainment of the ITIN.
Federal Tax (EIN) Number Obtainment can be added to our formation services or purchased as a stand-alone for $75.