What is the Process to File for an EIN?
Although not all small business owners need an Employer Identification Number (EIN) to file their taxes, there are a number of advantages to having one. First of all, it’s easy to apply and it’s free. If paperwork and confusing applications have made you reluctant to take advantage of this opportunity, consider using GovDocFiling.
We offer step-by-step guidance to make the application process easy to follow. You won’t have to struggle with complicated language. Clear definitions are provided for all of the business terms. An EIN identifies you to customers as a business owner. It can also be useful when dealing with suppliers and other colleagues. In addition, it allows you to keep your personal Social Security number private.
Preliminary Activities
Before you file, be ready with the name of your business, the address and whether it will be legally structured as a corporation, partnership, limited liability company or sole proprietorship. If you are uncertain about which of these categories to choose, you’ll find comprehensive explanations for each business entity to help you answer that question. Be sure that you are legally entitled to use the name that you have selected. There are online services that will assist you to search the various databases to verify that your business name is unique and does not infringe on another trademark. You can file for an EIN either before or after you legally define your business structure.
Eligibility
Anyone whose business or legal residence is within the United States or its territories is eligible to apply online. You will be asked for a valid Taxpayer Identification Number. Typically, this would be your Social Security number. You will also need to identify the individual designated as the “responsible party” for your business. This is the person who should be recognized as the head of your business. After the application form is completed, you will receive your EIN via email. Fill out this form to get started.