Get your Employer Identification Number today
Whether you are starting a new business or have an existing business, doola formation services can help you register for an EIN. Don’t waste time navigating complex IRS forms and procedures.
EIN registration is included in all of our business formation packages and can get you setup quickly and effortlessly.
Why choose doola to get an EIN?
Save time and eliminate the hassle of complex IRS forms and procedures with our expert service.
Filed by Experts
Navigating complex IRS forms and procedures is stressful and time consuming. Leave it to the experts at doola to handle your EIN application.
Stress-Free process
Save time with our streamlined process. Just provide basic business information, and doola takes care of the rest!
Verified Approval
We’ll handle everything, ensuring you receive the official documentation with your confirmed Employer Identification Number.
Focus on Business
doola handles all the paperwork to keep you compliant and penalty-free. You focus on your business while we take care of the rest.
What’s a federal tax ID or EIN?
An Employer Identification Number (EIN) is a unique nine-digit identifier assigned by the Internal Revenue Service to business entities operating in the United States. It serves as a way to identify a business for tax purposes, similar to how a Social Security Number identifies individuals.
Businesses use the EIN for various purposes such as filing taxes, opening bank accounts, hiring employees, and complying with IRS regulations.
How to get an EIN with doola?
The application process is easy and included with our formation packages. All we need is some basic information about your business as required by the IRS. This includes:
- The names of company owners, principal officers, partners, or trustors.
- Business type (sole proprietorship, partnership, etc.).
- Reason for application (such as starting a new business).
- Date of business formation.
- Business industry.
Once you complete our online form with the necessary details, we take care of the entire application process for you. Your EIN will be sent to you once it’s approved by the IRS.
- Provide your business details
- We’ll fill out and file your EIN application
- You receive your EIN
Why does my business need an EIN?
Acquiring an EIN is fundamental for operating your business efficiently, protecting your privacy, and accessing financial resources.
An Employer Identification Number (EIN) is an essential identifier for businesses, serving as a tax ID for federal and state purposes.
Obtaining an EIN is crucial if your business plans to hire employees, operate as a corporation or partnership, or file specific tax returns. Many banks also require an EIN to open a business bank account, facilitating the separation of personal and business finances.
- Filing taxes, reporting income, and fulfilling tax obligations
- Managing employee payroll taxes and reporting wages to the IRS
- Enhances security and privacy, minimizing identity theft risks
- Aids in establishing credit history and accessing loans
EIN included with business formation
Streamline your business journey with us! Let us handle your IRS paperwork while you focus on what truly matters – building your business! Get your Employer Identification Number (EIN) today!
FAQs
When should I apply for an EIN?
You should apply for an EIN as soon as you start a business or engage in activities that require one, such as hiring employees or opening a business bank account.
What types of businesses or entities require an EIN?
Any business entity that operates for profit, including sole proprietorships, partnerships, corporations, and LLCs, typically requires an EIN. Additionally, estates, trusts, and certain other entities may also need an EIN for tax purposes.
Is an EIN the same as a Social Security Number (SSN)?
No, an EIN is specifically for businesses, while an SSN is for individuals. However, similar to how an SSN identifies individuals for tax purposes, an EIN serves the same function for businesses.
Can I use the same EIN for multiple businesses?
No, each business entity typically requires its own EIN. However, certain exceptions may apply, such as for subsidiaries under the same parent company.
What is the SS4?
The SS-4 form is the official document required by the IRS to obtain an Employer Identification Number (EIN), often referred to as a Tax ID number. Upon processing the SS-4 form, the IRS issues a unique EIN to the entity for tax identification purposes.
Still have a question?
Schedule a free consultation with an expert from doola, today.
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