A Federal Tax Identification Number
Federal Tax ID Number
All starting businesses, (including small business, internet business, online business, online web sites, ebay business, and home business), at
3. All employers need a federal employer number and state employer number, &
4. All businesses need a trade name business name certificate. also called a dba doing businesses as certificate.
Find out what you need to start your small business:
This short quiz, will help you in determining whether you need a federal tax id number, a license or other business filing based on your particular business information.
The federal government uses either a social security number or an ein to identify a small business or other taxpayers when you have, or will have, employees. When your business a corporation or LLC, when your business is a partnership. if you're ready, click on "Order Now" and we'll get started with your federal tax id number.
- Our company files the necessary forms
for businesses needing an employer identification number (EIN).
As mentioned above an EIN is a federal identification number is issued by the IRS to identify a business entity. EINs are also called Federal Tax ID numbers. Legally, you are required to identify your business with one of two numbers: either your social security number or an employer identification number.
Generally you need a federal tax id number when your business:
Is a new small business Hires, or will hire, employees
Is an LLC or Corporation
Opens a bank account
Changes type of legal business entity
If you are a sole proprietor, you can use a social security number on all of your government forms and other government documents, but most small business advisors recommend that you apply for an EIN for these documents.
Furthermore, most banks require a federal tax id number in order to open a business bank account.
Federal Tax Id Numbers for starting new businesses