An Employer ID Number (EIN) also referred to as a Tax ID or ITIN is a secure 9 digit number from the IRS that allows business entities operating in the United States for the purposes of identification.
Banks as well as all online payment processors require that you use an EIN to open an account.
An EIN is required when hiring employees, or those employees offering those employees retirement benefits.
Using an EIN for your business allows other banks, credit cards, and background verification arpeggiators to separate your business and personal financial records.
Sole Proprietors (Freelancers, self employed), often give clients your Social Security Number. With data breaches on the rise, giving out your SSN to potentially dozens of businesses, even if they are legitimate, greatly increases your risk of identity theft. Using an EIN greatly reduces that risk.
Direct EIN has taken a tech approach first to handle all filing and communication with the IRS regarding EIN’s. Building a fast and reliable service for handling all EIN requests for our users, this not only makes us the fastest service for submitting an EIN on your behalf but also delivering back your newly generated EIN Number and formation file from the IRS, Instantly.
Single Member LLC's, Gernal Partnerships, Family Limited Partnerships, Series LLC's, and Member-Managed LLC's or Manager-Managed LLC's are all supported.
Sole Properitorship EIN's are offered for Self-Employed Business Owner's, Indepedent Contractors, and franchisees.
EIN's are mandatory for all corpotation filings.
Entities outside the U.S. are elgible for an EIN *although this might not be an instant filing depending on counrty of origin