5 things to make sure you have right when applying for an EIN for your business
An Employer Identification Number (EIN) is a nine digit number assigned to business owners in the United States by the Internal Revenue Service (IRS) for identification purposes. It is also known as Federal Employer Identification Number or Federal Tax Identification Number. Applying for the EIN number involves a lot of paperwork and use of technical language that can be confusing for applicants. This may result to mistakes in the application process that can lead to delays. Therefore, obtaining an EIN number can be a tasking, frustrating and time-consuming process. To avoid this, you need to prepare yourself beforehand so as to ease the process. In this article, we’ll look at five things you must ensure you have right when applying for an EIN for your business: 1. Include all supporting documentation To get an EIN for your business, you need to fill several forms such as SS4 and have all the required documents ready before starting the application process. You will need to...