How do I get and Employer ID number for my business? Here's how.
Employer Identification Number(EIN)
An EIN is a 9 digit number assigned by the IRS. It is used to identify tax records and information of employers. They are used to file taxes and are also used for the creation of business accounts(e.g. Bank Accounts, Trade Lines, Credit Lines etc.) It is the business equivalent of the personal Tax Identification Number(TIN).
This number is used to make sure that your business is legitimate and that there are records of your company’s history. History of your business is one way to be able to apply for credit lines, we will go deeper into this as we create new blogs and articles.
How do I get and Employer ID number for my business? Here's how.
Fist make sure that you have your company's articles of incorporation/organization you will need the corporate/entity number assigned by your states Secretary of State. You will also need company address and contact info. They will also require for the personal info of the person applying.
- Step #1: Visit the IRS website: https://www.irs.gov/
- Step #2: Click on Employer ID Number(EIN)
- Step #3: Click on Apply Online to begin the process.
After all of this has been completed you will receive an email with the company EIN paperwork. You might also get paperwork via mail depending on your state.
You now have an EIN for your business.
- How do you choose your Business Name? We covered this in this Blog: https://steemit.com/business/@allbusiness/business-101-top-3-websited-to-visit-to-limit-legal-troubles
- What are a company’s Articles of Incorporation/Organization?
https://steemit.com/business/@allbusiness/what-are-a-companys-articles-of-incorporation-organization#comments
So What is Next? What will the AllBusiness Account Cover?
How do I write a business plan?
How do I get a Business license?
How do I get an Employer Identification Number?
How do I get a Sellers Permit?
How do I get a Corporate/Company Bank Account?
How do you establish Business/Corporate Credit?
What is a FICO Score?
What is a PAYDEX Score?
Does your business require any zoning permits?
Will you be running the business from home?
What kind of Trade Lines should you set up?
What are Net 30/90 Accounts?
What is Revolving Credit?
What is a DUNS Number?
What is a Business Identification Number(BIN)?
What is a Secured Credit Card?
What is an Unsecured credit Card?
What is a Certificate of Deposit?
What is a Franchise?
What is Branding?
What is Proprietary Content?
We will cover these topics on this Account so please Follow and check back in with us for new content on these topics.
If you have any questions please leave it in the comments section.
If you have any suggestions for future business related posts please leave a comment in the comments section.
Thank you and a have a great day.