Applying for an EIN is a straightforward process. Entrepreneurs can apply through the IRS website, by mail, fax, or phone. The online application is the quickest method and provides an EIN immediately upon completion. Here are the steps:
Determine your eligibility: You must have a valid Taxpayer Identification Number (SSN, ITIN, or EIN). Complete the application: This involves providing details about your business, such as its legal name, structure, and activities. Submit the application: Online applications are processed immediately, while mail or fax applications may take up to four weeks.