Step 4: Obtain Your EIN
Personal Layer: Learn where to access personal and business credit scores. Dispute errors and separate personal from business credit early.
Business Layer: Track your business credit score, and link it to your entity’s funding strategy. Strong credit improves access to loans and investor confidence.
Business Layer: Track your business credit score, and link it to your entity’s funding strategy. Strong credit improves access to loans and investor confidence.
Step 1: Determine Eligibility
Ensure your business entity (LLC, corporation, partnership, or sole proprietorship) is eligible to receive an EIN.
Step 2: Gather Required Information
Prepare your business name, mailing address, type of entity, and responsible party’s SSN or ITIN.
Step 3: Apply Online or by Mail
Submit your EIN application through the IRS online portal (instant issuance) or via Form SS-4 by mail/fax.
Step 4: Receive Your EIN
Once your application is processed, you’ll receive your EIN immediately online, or within a few days by mail/fax. Store it securely for taxes, banking, and official business use.
Step 5: Use Your EIN
Use your EIN for opening business bank accounts, filing taxes, hiring employees, and other official business activities.