As stated throughout this article, it is generally best to obtain an EIN when you start a new business (even if you’re not sure you’ll absolutely need it). Plus, the process to obtain a new EIN is quick, easy, and best of all, free! You can apply for an EIN with the IRS online, or by phone, fax, or mail.
How to Apply Online
Applying online is the preferred way to obtain your EIN, and the quickest way. Go to the IRS’s website at: www.irs.gov and type "EIN" in the search box. You’ll be able to submit all the information on the IRS’s website. Make sure to have your business information readily available, like its name, address, etc. Then, just follow the online instructions and upon completion of the application you’ll receive a new EIN instantaneously.
Upon last check with at IRS’s website, the online application process is available during the following hours:
Monday - Friday 6:00 a.m. to 12:30 a.m. Eastern Standard Time
Saturday 6:00 a.m. to 9:00 p.m. Eastern Standard Time
Sunday 7:00 p.m. to 12:00 a.m. Eastern Standard Time
BE AWARE: There may be scams on the internet that try to charge you for you EIN! AVOID any websites on the Internet that charge money for an EIN, as it is free to obtain a new EIN from the IRS.
NOTE: The online application is available for all businesses whose principal place of business, office or agency, or legal residence (in the case of an individual), is located in the United
States or U.S. Territories. Additionally, the principal business officer, partner, owner or otherwise must have a valid Taxpayer Identification Number (e.g. Social Security Number, Employer Identification Number, or Individual Taxpayer Identification Number) in order to use the online application.
How to Apply by Phone, Fax or Mail
You can call the IRS at its Toll-Free EIN number 1-800-829-4933 between 7 a.m. and 10 p.m. local time, Monday through Friday (excluding federal holidays). You’ll have to be the authorized person of the business to complete the EIN application process.
Applications submitted by mail will be processed within 4 to 6 weeks. Applications submitted by fax will be processed within 4 business days. You can check online or call the IRS for the most current mailing or fax addresses.
Finally, we’ll wrap up this article with some main concepts to keep in mind.