California Businesses: Online EIN Application Processes Requests Very Quickly

California business owners can now request an Employer Identification Number (EIN) – a tax I.D. – through a web-based system that immediately processes requests and generates identification numbers in real time, the Internal Revenue Service recently announced.

Here’s how it works. California business owners such as those in Los Angeles County, Orange County, Santa Barbara County and Ventura County, access the internet EIN system through IRS.gov and enter the required information. If the information passes the automatic validity checks, the IRS issues a permanent EIN. If the information does not pass the validity checks, the application is rejected. You then have an opportunity to correct the information and resubmit the application.

The internet EIN application is interactive and asks questions tailored to the type of entity you are establishing.

The system provides “help” screens throughout the application process. This means you will no longer have to print the EIN instructions and separately search for answers while requesting an EIN.

When the EIN application process is complete, you have the option to view, print and save your confirmation notice; you no longer have to wait for the IRS to mail it. Third parties authorized by you can also be provided with the EIN, but the third party cannot view, print or save the confirmation notice. Instead, the confirmation notice is mailed to you.

An EIN assigned through internet submission is immediately recognized by IRS systems. You can begin using the EIN immediately for most business purposes.

For tax help regarding other business activity – creating Subchapter S or C corporations, drafting contracts, liquidating a company – you may call Mitchell A. Port at 310.559.5259.