As a business owner, you know how important it is to keep track of all your company’s important documents and numbers. One such document that is crucial for identifying your business is the Employer Identification Number (EIN). In this article, we will guide you through the process of finding your company’s EIN number so that you can easily access it when needed.
What is an EIN?
Before we dive into the steps of locating your EIN number, let’s first understand what an EIN is. An Employer Identification Number (EIN) is a unique nine-digit number assigned to businesses in the United States by the Internal Revenue Service (IRS). The number serves as a tax processing identifier for businesses and is used to open bank accounts, apply for business licenses and permits, and file taxes.
Why do you need an EIN?
Having an EIN is essential for any business that wants to operate legally in the United States. Without an EIN, a company cannot open a business bank account, apply for loans or credit, or hire employees. In addition, an EIN is required when filing taxes, applying for business licenses and permits, and registering with state agencies.
How to Find Your Company’s EIN Number
There are several ways to locate your company’s EIN number. Here are the most common methods:
Method 1: Check IRS Records
The most reliable way to find your company’s EIN is to check the IRS records. The IRS maintains a database of all businesses in the United States that have been assigned an EIN. You can search for your company by entering its name and other identifying information, such as the state it was formed in or the date it was formed.
Method 2: Check Business Formation Records
If you formed your business with the help of a registered agent or attorney, they should have a copy of your EIN number. You can also check your company’s formation records at the state level where your business was formed. These records typically contain information about your company, including its name, address, and EIN number.
Method 3: Check with Your Bank or Financial Institution
If you opened a business bank account with your company’s name as the account holder, your bank should have a copy of your EIN number on file. You can contact your bank or financial institution to request a copy of your EIN number.
Method 4: Check with Your State Agency
In some cases, you may need to check with your state agency where your business was formed to obtain a copy of your EIN number. Each state has its own regulations for obtaining an EIN, so you will need to follow the specific guidelines for your state.
Method 5: Contact the IRS Directly
If you are unable to find your company’s EIN number using any of the above methods, you can contact the IRS directly to request a copy. You will need to provide your business name and other identifying information, such as the date it was formed and the state where it was formed. The IRS will typically send you a copy of your EIN number within a few days.
How to Verify Your Company’s EIN Number
Once you have obtained a copy of your company’s EIN number, it is important to verify that the number is correct and up-to-date. Here are some ways to do this:
Method 1: Check IRS Records
You can use the IRS website to check if your company’s EIN number is still active and has not been suspended or revoked. You will need to enter your company’s name and other identifying information, such as the state it was formed in or the date it was formed. If you see any discrepancies or red flags, contact the IRS immediately.