US COMPANY TAX ADVICE: How to get an EIN Number for an LLC


Background information


An Limited Liability Company (LLC) is a business structure that involves the combination of the pass-through taxation of a partnership or a sole proprietorship and the limited liability protection of a corporation. 


How to get an EIN Number for an LLC?


Getting a EIN Number for an LLC can be done relatively easy if the correct steps are taken. Up until recently, businesses had to apply for an EIN through fax or by mail, however you can now apply online.


1.     Prepare Your Information

There can be some complex questions that need answering in order to apply for an EIN. Having good general knowledge of your business and it’s owners will be important at this stage.

2.     Name a Responsible Party

No matter how many members are in your LLC, the IRC will only recognise one responsible party for each Tax ID. Therefore you will have to establish you the responsible party is going to be for your company.

3.     Apply got EIN Online, or by Mail or Fax

·      Online

o   If you would like to apply for you EIN online you can use the Online IRS EIN Application. The online application process take on average 30 minutes and is open 7:00 am to 10:00 pm PST.

·      Mail

o   An EIN number can also be applied for via mail. This option takes between 4 and 5 weeks.

·      Fax

o   The IRS also accepts EIN number applications via fax. This takes up to 4 days to process.

4.     Receive Tax ID Documents

You will receive an email containing your LLC’s EIN, as well as a tradition mailed letter containing your official Tax ID document from the IRS


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