EIN, also known as Employer Identification Number or Tax Identification Number, is a peculiar number through which your organization can be identified. If you own a business, then you must definitely have an EIN number.
Many people do not know the process of EIN lookup. However, to get more information regarding EIN, take a thorough look into the guide provided below.
EIN can be used for various purposes. Here we have mentioned them for you below.
EIN is an important entity and should be jotted down to avoid any blunder. When it comes to the application process, then if you are a non-US resident and want to apply for EIN, just telephone, fax or mail for it.
Although every business can have EIN, there are some criteria for certain businesses. Thus, your business requires an EIN if your business has employees, files employment or excise taxes or if your business pays tax in partnership. Your business will also require an EIN if it reserves tax on non-wage income of a non-resident.
Whether you own a small or large business, EIN should be obtained so that your personal and business taxes can have a barrier. Without EIN, your tax will be paid through personal SSN which is very risky and unsafe. However, you can apply for EIN, if and only, you own an SSN.
Users tend to forget their EIN and hence it has become the most common issue with it. However, there are many activities to execute so that you can look up for an EIN. Here we have mentioned some of them for you below.
If you are looking IEN for others but not yourself, then you need to check whether the company is registered with the Securities and Exchange Commission or SEC. This is because the SEC requires EIN to input all its data.
If the company is not registered with EIN, then you can try any of the steps provided below: