How do I apply for an FEIN?
Congrats! You are starting a business. Amongst the mountains of paperwork you may be sifting through, there’s some essential business to take care of with the IRS - getting a Federal Employer Identification Number (FEIN). This will identify your business with the IRS and will be used to file and pay your taxes in the future.
In most cases you can register for an FEIN online with the IRS. Check out their website here to get the process started.
If you are international you’ll most likely have to register via phone. Check out the IRS instructions for completing the process here.
When will I get my FEIN?
Typically you will receive your FEIN immediately when you apply online.
Once you receive the paperwork make sure to keep it in a safe place. It will be essential to reference your legal name, FEIN, and withholding tax deposit schedule. You’ll need this number when filing your federal payroll and business income taxes, as well as when you register as an employer with most state and local taxing authorities. This number is often required when filing and paying your state and local taxes as well.