To apply for a CRS ID number, visit NM’s website. The State ID number may be entered under the CRS ID. I did not have to use my home address at all.
Choosing the Correct Address for Your EIN
To apply for an Employer Identification Number (EIN), also known as a Federal Tax ID, you must provide a valid business address. While a P.O. box is not allowed, here are some alternatives:
- Use a mailbox with a commercial street address.
- Use the address of your registered agent, lawyer, CPA, or your home.
- Rent an office space with a physical address.
Considering the potential downsides, such as customers questioning the legitimacy of a business with a PO Box address, it’s important to understand the CAN SPAM Act that requires a physical street address and how having a physical address can impact bank accounts, insurance, and taxes. Choose your business address carefully to maintain a professional image and comply with regulations.
Managing P.O. Box Limitations
For package deliveries, you can use the PO Box Street Address, which combines the PO Box number with the street address of the post office. This ensures delivery services like UPS and FedEx can reach your PO Box. Remember that consistency across your documents, especially for platforms like Amazon, is crucial.
Critical Questions About EINs
Now let’s explore key questions around obtaining an EIN:
- It serves as a federal tax ID for your business.
- You may use a virtual address as long as it meets specific requirements.
- If you’re assigned an EIN you did not request, contact the IRS to resolve any issues.
- An EIN is for federal tax purposes, while state tax IDs are for state-level tax compliance.
Always remember to use your chosen business address consistently across all documents for a seamless integration with third parties.