In the Internet age, you are wise to be cautious about letting anyone know your social security number. In fact, it is best never to disclose your SSN except on tax forms when you are applying to a new job. An employer ID number (EIN) is like a social security number, except for a business. It is not nearly as closely connected to a person’s personal details as the SSN.
Thus, many people incorporate as sole proprietorships, in part to protect the privacy of their SSNs. It is a good idea to get a sole proprietorship EIN if you are self-employed or even if you employ household employees, including babysitters. Fortunately, it is easy to apply for EIN numbers. You just fill out an EIN application on the IRS-EIN website.
Is It Safe to Apply for an EIN Online?
When you use the IRS-EIN website to submit an application for an EIN, your information is completely safe. IRS-EIN does not share your information with anyone except the IRS.
How the IRS-EIN Application Process Works
When you visit the IRS-EIN website, you can quickly and easily apply for an EIN through the site. To choose your entity type, hover over the names of the various types of entities. Information will appear telling you more about each type of entity designation. Within an hour of receiving your online application, IRS-EIN will send you an email that contains your EIN. The IRS will send you a physical confirmation letter a few weeks later. The email confirmation is all you need for some purposes, though. For example, you will be able to apply for business insurance or open a business bank account with it.
It is safe, quick, and easy to apply for an EIN through the IRS-EIN website.