Apply for an EIN Number/Tax ID for your Business
Takes just 5 minutes
We Secure the 9-digit employer ID number (EIN), also called a Tax ID Number, from the IRS so you can open a bank account, hire employees, and protect your personal assets.
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What is an EIN and why do I need one?
An Employer Identification Number (EIN), also called a Tax ID Number, is a 9-digit code assigned by the IRS to identify your business. You can think it of it as the social security number for your company. An EIN is required for a partnership, corporation, or LLC to open a business bank account, gain financing, hire employees, and more.
Without an EIN, you are forced to combine your business and personal funds which opens you up to increased liability and puts your personal assets at much greater risk. It is highly encouraged that you obtain a federal EIN number and open a separate business bank account so you can keep your business and personal transactions separate.
Avoid the hassle and headache of getting an EIN by letting us secure your number and deliver your final paperwork.
Benefits of getting an EIN
Keeps Finances Separate
An EIN allows the IRS, banks, credit card companies, and other entities to track your business and personal finances separately.
Preserves Limited Liability
An EIN establishes your business as a separate entity which preserves limited liability should your company ever be sued.
Reduces Identity Theft
An EIN prevents you from having to give your SSN to suppliers, or lenders, which significantly reduces your identity theft risk.
Other key reasons to get an EIN
1. An EIN is needed to open a bank account and get financing.
Banks and credit unions require an EIN to open a bank account and it’s also helpful when trying to obtain financing for your business.
2. Allows you to hire employees and set up retirement plans.
You need an EIN if you are hiring employees or offering a retirement plan since this is the number the IRS uses for payroll tax remittances and federal taxes on 401(k) plans.
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