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EIN (Federal Tax ID)

Also known as Employer Identification Number, a Federal Tax ID is necessary if you need employees for your business. If you are a sole owner of your business, you may still need such ID. To obtain this ID, you can opt to fill out a form and submit it via snail mail or by fax. Alternatively you can choose to apply for it online.

Why You May Need One?

The Federal Tax ID will be used in filing taxes and other documents with the government. Here are the types of businesses that are required to obtain an EIN:

  • All corporations
  • Partnerships
  • Companies with employees, including LLCs with single member and sole proprietorships

Some nonprofit organizations, trusts, and co-ops may need an EIN. Now, if your type of business has been changed or got back from bankruptcy, you need to apply for a new EIN.

For most business owners, getting this ID is one of the most vital things they do after they have formed or incorporated an LLC. As mentioned earlier, companies need it to open business checking accounts and accounts with some vendors.

The general rule is that an EIN is suitable for all types of businesses, except for sole proprietorships with no employees.

Completing the Application Online

You can always choose to apply for and receive the ID online. The overall process can be completed in less than 15 minutes. However, there are some issues in applying for it online. Sometimes the systems may crash, so you need to start over. If the application is successful, you will get a hard copy of your ID through mail. However, you need to request an additional letter to confirm that you have applied for the EIN or Federal Tax ID.

Although it is easy to apply for it online, there are some questions that you may still have on your mind. If you have questions about Federal Tax IDs, it is best that you speak to a tax attorney as soon as possible. Tax lawyers can answer your issues that are unique to your case. They can also assist you in applying for such ID with no hassle on your part.

If you have questions about EIN or a Federal Tax ID, you may consult with our tax attorneys. Our tax lawyers have years of experience in dealing with business and commercial law. They can answer all specific questions that you may have about your business. Call us today at (800) 575-9284 so we can help you apply for an EIN.

Client Reviews
★★★★★
For some unknown reason, I neglected to file my income taxes for several years. With that, I ended up getting notices from the IRS. I had no knowledge on how to deal with the IRS, so I contacted Enterprise Consultants Group as recommended by a colleague of mine. The firm’s tax attorneys helped me get a good deal. My funds are back. Thanks, Enterprise Consultants Group. Edward Nigel
★★★★★
Before we started working with Enterprise Consultants Group, our company owed $100,000 in past taxes. But the tax attorneys at the Enterprise Consultants Group dealt with the IRS on our behalf. Because of that, we settled our debt for $10,000. The total cost we paid to our tax attorneys was less than the original due. Thank you Enterprise Consultants Group for alleviating our heavy burden Mary
★★★★★
Enterprise Consultants Group has outstanding attorneys. They kept me informed promptly. They we’re not in a hurry to settle our case just to get their fees. They did what they could to get me the best settlement I deserved. I would recommend them to any person who needs help with his tax problems. Sheila
★★★★★
My business received letters from the IRS indicating that they had opened and audit. In know I needed help but I was reluctant. I Google searched and found Enterprise Consultants Group, then called for a free consultation. I was impressed with professionalism knowledge of the consultant that I spoke to so I hired them for my business. During the audit period they were always available to answer my questions. I feel that they handled things efficiently and I'm very happy with the end result. C. Bell
★★★★★
After my divorce I was left with a heavy tax debt of over $250,000. To make matters worse I was broke and feared that my wages were going to get garnished. I called Enterprise Consultants Group after seeing a TV ad and they quickly got work with resolving my issue. They settled my tax debt for $3500. I quickly borrowed that amount from family and paid it off. Now that I'm tax debt free, my stress level has come down and I'm doing much better with my finances. B. Davis
★★★★★
The Advocates at ECG helped me clean up a huge mess that another tax firm created. They honestly exceeded my expectations. Now ECG continues to file my taxes every year. I am thankful to have found a firm that I can trust with my taxes. J. Flowers