Everything a Painting

     Business Needs to

Know About an EIN

Here is What You Will Learn:

  • What is an EIN?

  • Do I need an EIN for my business?

  • When to apply for an EIN?

  • How much does an EIN cost

  • How long does it take to get an EIN?

  • How to Apply for an EIN?

  • How to use an EIN?

  • Electronic Federal Tax Payment System—EFTPS?

What is an EIN and What is it Used for?

The Employer Identification Number, also known as the Federal Employer Identification Number or the Federal Tax Identification Number, is a unique nine-digit number assigned by the Internal Revenue Service to business entities operating in the United States for the purposes of identification. If you plan to start a painting business, applying for an EIN is high on the list.

Do I Need an EIN for my Business?

A EIN is not required if you operate a sole proprietorship or an LLC with no employees, in which case you would simply use your own Social Security Number as a tax ID. But you must obtain an EIN if you are a sole proprietor who files pension or excise tax returns

When to Apply for an EIN?

If you plan to start a business and pay taxes it’s best to get an EIN right away. An EIN may also be applied for by an LLC or Corporation.

How Much Does an EIN Cost?

A EIN is free. Beware of look-alike websites that charge for this free service.

How Long Does it Take to Get an EIN?

  • ONLINE- Immediately

  • FAX- 4 business day

  • MAIL- up to 4 weeks

  • TELEPHONE- Depends

How to Apply for an EIN?

APPLY ONLINE

Step 1: Determine Your Eligibility

  • You may apply for an EIN online if your principal business is located in the United States or U.S. Territories.

  • The person applying online must have a valid Taxpayer Identification Number (SSN, ITIN, EIN).
    You are limited to one EIN per responsible party per day.


Step 2: Understand the Online Application

  • You must complete this application in one session, as you will not be able to save and return at a later time.

  • Your session will expire after 15 minutes of inactivity, and you will need to start over.


Step 3: Submit Your Application

  • After all validations are done you will get your EIN immediately upon completion. You can then download, save, and print your EIN confirmation notice.

 

APPLY BY FAX

Taxpayers can fax the completed Form SS-4 (PDF) application to the appropriate fax number, after ensuring that the Form SS-4 contains all of the required information. Fax: (855) 641-6935

 

APPLY BY MAIL

Send your prepared SS-4 application to:

Internal Revenue Service
Attn:  EIN Operation
Cincinnati, OH 45999

 

APPLY BY TELEPHONE

International applicants may call 267-941-1099 to obtain their EIN. The person making the call must be authorized to receive the EIN and answer questions concerning the Form SS-4 (PDF).

How to Use an EIN?

The Employer Identification Number, also known as the Federal Employer Identification Number or the Federal Tax Identification Number, is a unique nine-digit number assigned by the Internal Revenue Service to business entities operating in the United States for the purposes of identification.

 

An EIN can be used to:

 

Electronic Federal Tax Payment System (EFTPS)

The Electronic Federal Tax Payment System is an online federal tax payment system in the United States designed and maintained by the Internal Revenue Service and Bureau of the Fiscal Service branches of the United States Department of the Treasury.


 

Applying for an EIN and Formation of your painting business is the first thing any smart business owner needs to do. This can be accomplished in 10 minutes or less and is well worth the effort.



 

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