All business entities are typically required to obtain a Federal Tax ID number (often referred to as an EIN), in order to streamline certain IRS imposed tax-related payments. To put it in simple terms, an EIN acts much like a personal social security number, but for your business. Your company will also need an EIN to open any financial accounts.
Employer Identification Number (EIN)
The primary purpose of an EIN is to allow the IRS to identify your company just as your social security number identifies you.
An Employer Identification Number is a 9 digit code assigned to your company by the IRS. Obtaining an EIN is required before you can open a business bank account or hire employees on behalf of your company. Swyft Filings can obtain your EIN in as little as 1 business day.
How It Works
Our three step process was created to save our customers valuable time
Complete the online form
Our simple and secure online form can be completed in as little as 10 minutes.
We file the paperwork
We begin by preparing all required documents and filing them directly with the IRS.
Receive your documents
Once your filing has been approved, you will receive your EIN by email and mail.
Employer Identification Number FAQs
Why does my business need a Federal Tax ID number (EIN)?
Do I need to apply for a new EIN if I had one for my previous sole proprietorship?
Yes. Informal business structures typically use their owner's (or owners') individual social security numbers as their EIN. As a result, you will need to apply for an EIN in the event that your business incorprates as an LLC or corporation.
What state-level paperwork is required when filing for an EIN?
A few states require all businesses to obtain a State Tax ID Number, in addition to their Federal Tax ID Number. Please feel free to visit our state-by-state incorporation guides, to check and see if this process will be necessary for your business.
Are there special steps required to obtain an Individual Tax ID Number (ITIN)?
If you do not have a personal social security number, you will need to obtain an Individual Tax Identification Number (ITIN) in order to obtain an EIN for your business. This process requires the filing of Form W-7 with the IRS.
How can I obtain my company's EIN?
In order to obtain an EIN, you will need to prepare and file Form SS-4 with the IRS on behalf of your business. Swyft Filings can complete and file all documents required to complete this process for your company.
Why You Should Choose Swyft Filings™ For Your Business
Save Time and Money
Our Business Specialists will form your new business the correct way, saving you time and money by avoiding costly errors. Let us handle your business filings while you focus on growing your business.
Fast Turnaround Time
When you place your order through Swyft Filings, we immediately start the process of forming your new business. Our processing times are some of the fastest in the industry. This allows you to get your business up and running Swyftly.
Personal Customer Support
Each and every one of our customers is assigned a personal Business Specialist. You have their direct phone number and email. Have questions? Just call your personal Business Specialist. No need to wait in a pool of phone calls.