3. How to Apply for an EIN
Application Methods:
- Online Application: Fast, free, and immediate EIN issuance.
- Fax or Mail: Alternative methods with longer processing times (4 days for fax, up to 4 weeks for mail).
Step-by-Step Guide:
- Gather Necessary Information:
- Business Name, Address, Responsible Party’s SSN/ITIN, and Business Structure.
- Complete the Application:
- Visit the IRS EIN application page or submit Form SS-4 via fax/mail.
- Receive and Save Your EIN:
- Immediately if online, or after processing if by fax/mail. Save the confirmation notice for future use.
Tips for Undocumented Entrepreneurs:
- Using an ITIN: You can apply for an EIN with an ITIN to legally operate your business and comply with tax obligations.
