After registering a business in Iowa (LLC, Corporation, DBA, etc), you will most likely need an EIN to operate your business. In this simple guide, we’re going to talk about the basics of an EIN or Employer ID, what it is, and how to get an EIN number in Iowa.
An Employer Identification Number (EIN) is a series of numbers, 9 to be exact, that is a unique identifier of your business. Basically, it is similar to your social security number but for your Iowa business.
Filing fee: $0
To obtain an EIN for your Iowa business, you can choose 1 of the 4 ways to do so. Make sure to select the option that you think is best for your given situation.
For starters, go to the IRS website. Fill out the form with all the correct information. Once you have filed it, you will straightaway receive your EIN.
For the by fax application of the EIN, you need to complete the SS-4 form. Once you have completed it, fax the form to 859-669-5760. You need to wait for an estimated 4 business days to receive your EIN number. (Note: Don’t forget to add your fax number as well when filing the form through fax, so you can actually receive your EIN number.)
To apply for an EIN by phone, dial 800-829-4933. This is the line for the office of the Business and Special Tax. You can reach this phone number between 7:00 AM and 7:00 PM. Before you make that call, have all of your business’ information ready. By the end of the call, you will have obtained your EIN number.
If you apply through mail, fill out the SS-4 form and send it to the address provided below. It takes roughly 4 weeks for you to receive your EIN.
Internal Revenue Service
Attention EIN Operation
Note: Please know that this guide is not legal advice in any capacity, and is for informational purposes only. For questions pertaining to your business’ tax or any legal queries or if you are confused on the process of starting a business, talk to a lawyer or accountant.