The Internal Revenue Service (IRS) issues firms with an Employer Identification Number (EIN), a special nine-digit tax identification number. For a business to open a bank account, submit a loan application, and file taxes, this number is required. The good news is that obtaining an EIN number is a straightforward procedure that can be completed quickly.
Using the IRS website to submit an online application is the quickest way to obtain an EIN number. The online application is accessible from 7 a.m. to 10 p.m. EST, Monday through Friday. You may complete the process in just a few minutes, and you’ll get your EIN right away.
The process will take longer if you want to apply by mail. Form SS-4, which can be downloaded from the IRS website, must be filled out. After filling out the form, you must mail it to the address specified on the form. A mailed application takes around four weeks to process.
You can fax your application if you require an EIN number right away. The procedure is the same as submitting by mail, except you must also include a fax cover page with your fax number on it. A faxed application takes roughly four working days to process.
Let’s now discuss the issue of “Why am I being charged for an EIN?” Yes, you shouldn’t be, is the response. There is no fee to apply for an EIN number with the IRS. However, a few outside businesses provide EIN application services and charge a fee in exchange. These businesses do not require an EIN number because they are not connected to the IRS.
Let’s finally address the query, “Is Govt Assist LLC legitimate?” Before utilizing the EIN application services of any third-party organization, it is crucial to conduct adequate research. The real business Govt Assist LLC provides EIN application services, although they do charge a fee for their help. It’s crucial to remember that applying for an EIN number on the IRS website is free and does not need hiring a third-party company.
In conclusion, applying online through the IRS website for an EIN number is a simple process that can be completed in a matter of minutes. Your application will take longer to process if you opt to submit it via mail or fax. Keep in mind that the IRS should not charge you for an EIN number, and working with a third party is not required. Before employing any third-party business, do your homework and make sure you are aware of the costs of their services.