Federal Tax ID (FEIN) Overview:
A Federal Employer Identification Number (FEIN) is also known as a Federal Tax Identification Number, and is used to identify a business entity. Generally, businesses need an FEIN. The IRS uses the number to identify taxpayers that are required to file various business tax returns. FEINs are used by employers, sole proprietors, corporations, partnerships, non-profit associations, trusts, estates of decedents, government agencies, certain individuals, and other business entities. You will need to apply for an FEIN when you start a new business or when the ownership or structure of your existing business changes.
FEIN's obtained within 2 hours Mon - Fri, 9am - 4pm PT
Federal Tax ID (FEIN) - How it works:
You won’t have to read any confusing instructions, & there’s nothing to print out or any documentation to put together on your end. RushFiling eliminates the hassle of obtaining your FEIN with just 3 Easy Steps...
Start by filling out a precise online questionnaire developed for RushFiling by our staff of legal advisors. Part of the RushFiling guarantee is that our professionals handle every order personally and that your data remains confidential.
Our online questionnaire is free, safe & secure! You can save your work & return to it at any time. You may also call us toll free at 1-888-634-8316.
As soon as we receive your completed questionnaire, the experts at RushFiling perform a thorough review of your information—including a check for accuracy and to make sure that nothing has been overlooked. We will then prepare the requisite forms and file them with the IRS.
Once we receive your assigned FEIN number, your RushFiling specialist will send you a confirming email. We’ll also include a copy of your filed paperwork for your records.
Federal Tax ID (FEIN) Prices:
Filing An FEIN is important step in maintaining the integrity of your business. Don't miss out on this opportunity to complete this important step towards your business' success.
- Easy! Make only one online visit or call to our online document processing center — we do the rest.
- Affordable! Much less than attorney’s fees and competitive in the online market.
- Fast! We start processing your order within 24 hours or less!
- Personal! We take pride in the services we offer!
File your FEIN today...
Federal Tax ID (FEIN) FAQs
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.
If you require this service we will prepare the SS4 form, and return with your filed formation documents for your signature to file with the IRS. Optionally, you can elect to have RushFiling obtain your EIN electronically for you so you will have it ready to go as soon as your company is formed. Just check the appropriate options on the order form and we will send you the prepared SS4 or obtain your EIN electronically, as required.
1. You have employees.
2. You operate your business as a corporation or a partnership.
3. You file any of these tax returns: Employment, Excise, or Alcohol, Tobacco and Firearms.
4. You withhold taxes on income, other than wages, paid to a non-resident alien.
5. You have a Keogh plan.
6. You are involved with any of the following types of organizations:
* Trusts (except some grantor-owned trusts), IRAs, Exempt Organization Business Income Tax Returns.
* Real estate mortgage investment conduits
* Non-profit organizations
* Farmers' cooperatives
* Plan administrators
If you already have an FEIN, and the organization or ownership of your business changes, you may need to apply for a new number. Here are some circumstances under which a new FEIN is required:
1. An existing business is purchased or inherited by an individual who will operate it as a sole proprietorship.
2. A sole proprietorship changes to a corporation or a partnership.
3. A partnership changes to a corporation or a sole proprietorship;
4. A corporation changes to a partnership or a sole proprietorship.
5. An individual owner dies, and the estate takes over the business.
Once you have started a business, you will need to identify it with either your Social Security number or a tax identification number (also known as an EIN or Federal Tax ID number). Most people obtain a tax identification number because it simplifies separating business and personal affairs.
Most individuals receive their IRS Tax ID within one hour from the time they begin the process, during regular business hours.
If you do not have any employees, a sole proprietorship is not required to have a FEIN; however, if you ever hire any employees, you must have a FEIN.
If you plan to use a FEIN to differentiate between your personal and business finances, you should have a FEIN before you apply for business permits.