What is an EIN?
An EIN or Employer Identification Number is allotted by the IRS or the Internal Revenue Service to be given to any business as their proof of identity. It is given for the tax commitments of a business. It is almost like our TIN or Tax Identification Number only that the IRS is the one that distributes it. The EIN is used only for management of the business tax and not for other types of taxes like sales tax and the likes. Therefore, businesses are required to have an EIN.
What is the purpose of the EIN other than identity and tax purposes?
An EIN is a requirement in order for a business to open a checking account. We all know how a checking account is essential to any business there is, especially those that rely most on online transactions.
Here, is a Reminder on getting an EIN.
There is now a limitation on the number of Employer Identification Number that you can get every day. This has been in operation since the 21st of May year of 2012 wherein the Internal Revenue Service will only give out one EIN per day to the acting manager, overall holder, general partner, proprietor or representative of the business. This is for the purpose of giving the same and impartial dealing to each and every person who pays their taxes.
What is the best way to get an EIN for your business?
An online application of the EIN is now available. This is the method that most applicants choose rather than going to the nearest IRS station to get theirs. With the online application of the EIN, you would only need to fill up a certain form. The application is also verified online. Therefore, the issuance of the EIN is very fast and hassle-free. The online application is available for any business that is in any territory of the USA. Types of businesses accepted may be general businesses like corporations and LLCs, an office, or an agency. If you have a business that is managed by yourself then, you are also qualified to get the EIN over the internet.
We, at the Acacia Business Solutions, will provide you the best service in obtaining the EIN for your business online!
We will process your EIN application online for only $95.00! This is our way in making your EIN application faster and more convenient especially for business owners who are too busy to go through all the hassles of the application. All you have to do is send us your order through our online form. You can also call us from 8 am to 5 pm (PST) Monday through Friday for more inquiries.
Reminder: The application requires the TIN, SSN, ITIN, or EIN of the business’s responsible party.
After receiving your order, we require a contract signing and completion for the payment of the ordered service. This can be done over the phone or online. Then, we will send you an email that has the form SS-4 that should be filled up as a requirement for your EIN application. The form should be sent back to us after it has been filled up. We shall then process and verify your EIN application form then submit it to the IRS for issuance. We shall call or email you in the next three days to provide you with the completed application and your business’s EIN.