The SS4 is the IRS form required to obtain an EIN (Employer Identification Number, frequently called a Tax ID number). The EIN/Tax ID number can be thought of as a Social Security Number for your business. It is usually required to open a bank account in the name of the business and to properly pay and account for any wage/payroll employees of your company. IncFile will obtain your federal EIN electronically and have it back to you via email within one business day.
Also known as a “Tax ID number,” the EIN is a business federal tax ID that works like a Social Security Number for your business. Your EIN helps you file tax returns for your business, is typically required to open a business bank account under the name of your business, helps you properly pay and account for wages and payroll for your company’s employees, and otherwise helps establish credit for your business and maintain your business’s official standing as a legal business entity.
In general, unless your business is a sole proprietorship with no employees and no separate legal entity for your business, you need to get an EIN. Sometimes if you own an LLC and it is a single-member LLC with simple accounting, you can get by just using your personal Social Security Number for tax purposes and for receiving payments from clients. But even the simplest businesses can generally benefit from using an EIN – the EIN serves as a tax ID for your LLC or other corporate entity.
The following business entities should get an EIN:
Your EIN is necessary for several situations in running your business. You will need to use your EIN for certain tax forms, such as filing your tax returns for your business, and filling out W9 forms for clients (if you run a service business), and other forms related to managing payroll for your employees. Your EIN is also necessary to set up a business bank account and apply for business loans. The same types of reasons for needing a Social Security Number in your personal life are also the reasons to use an EIN in managing your business.
Business owners can get an EIN by filing IRS Form SS-4. IncFile offers a convenient service to help you apply for an EIN online to obtain your EIN number quickly and efficiently. If you're looking for a way to get an EIN, whether in Texas, Florida, Michigan or anywhere in the United States, IncFile can provide one for you in one day. Apply for an EIN online with IncFile, and we'll obtain your federal tax ID electronically and have your new EIN back to you via email within one business day.
If you would like to use our services to facilitate the filing of your Tax ID / EIN please place the order and a representative from IncFile will contact you to obtain specific information required to complete and file the Tax ID / EIN in your state of formation.
If you already have an EIN, and the organization or ownership of your business changes, you may need to apply for a new number. Some of the circumstances under which a new number is required are as follows:
As your business grows we'll be there every step of the way to make sure that you have the
resources at hand to service your companies ongoing needs.