Obtaining an Employer Identification Number (EIN) from the Internal Revenue Service (IRS) is free. The EIN is essential for various entities to pay federal taxes, hire employees, open bank accounts, and apply for business licenses and permits.
How to Apply for EIN
You can apply online, by mail or fax. Applying online is the easiest way. All US entities can apply online for an EIN if they have a Social Security Number (SSN) or Individual Tax Identification Number (ITIN). Without an SSN or ITIN, you must submit a paper EIN application instead.
Cost and Application Process
Some websites charge a fee for EIN services. However, the IRS does not charge a fee. EINs do not expire. Once issued to an entity, the EIN will not be reissued. You may pay fees if you hire someone else to get your EIN. But you can easily apply yourself online.
The EIN application process typically takes about 5 minutes. Some states may have additional EIN requirements or fees. But, again, the IRS does not charge a fee.