Employer Identification Number – What Is It, How To Apply And Benefits

The Internal Revenue Service issues the distinct nine-digit Employer Identifying Number, sometimes referred to as the Federal Employer Identification Number or the Federal Tax Identification Number, to companies doing business in the United States for identification purposes. How to Apply for Employer Identification Number? The Internal Revenue Service (IRS) provides the Employer Identification Number (EIN) application process as a free service. Internet sites that demand payment for this free service should be avoided. You must first ascertain your eligibility. If your business place is in the US you need to apply for an EIN online . This is required because you need to submit application online and it is a must for the one who is planning to open a company in the USA . Next, you must comprehend the online application. You can't save and come back to this program later, so you must finish it in one sitting. After 15 minutes of inactivity, your session will e...