Getting an employer identification number is quite easy. The application can be completed online (irs.gov/businesses). An employer identification number will be given immediately after you’ve accurately completed the form.
- To use the form you need the following: web browser encryption, sessions cookies enabled, and java script enabled.
- Don’t use any types of punctuation such as a period or comma in your application (with the exceptions of hyphens and ampersands). The form won’t be accepted and you’ll have to go back in and delete the punctuation. (No biggie, just a time waster).
- Next, when given the opportunity, print out a copy of the form. That’s the only chance you’ll get to print the form.
- Finally, write down the number and print out the form. You’ll need it when you go to open your bank account. The IRS may not send you any documents containing the number for several weeks. You’ll need to open your bank account soon than that especially if you plan on being in business within thirty (30) days or less.
That’s all there is to it. You should have your number in less than ten minutes.
Filed under Start-up tips, how-to by Roz