How long does it take to get an EIN after filing Form SS-4

One of the first official business operations in new business ventures is the acquisition of an Employer Identification Number (EIN) from the IRS. The business identification number made up of nine digits only assigned to your company operates similarly to a Social Security Number and is required in the filing of taxes, opening of business bank accounts, and hiring of personnel. Knowing how long it will take to receive the EIN after submitting Form SS-4 can smoothen your plan of operations— particularly with the help of local accounting services in Cumberland RI.

How Long Does It Take to Get an EIN?

The method through which you file Form SS-4 plays a big role in determining the length of time it will take to get your EIN. Filing online through the IRS website means the process will take almost no time—you will obtain your EIN right after completing the form. The methodology is the fastest and the most convenient if your want your business to be fully functional very soon.

If you fax your completed Form SS-4, it takes about four business days to receive your EIN. On the contrary, mailing the form to the IRS can take as long as four weeks, depending on the processing times and postal delays. International applicants are likely to wait even longer as their applications are often manually handled.

Why Timing Matters

Getting your EIN delayed can push back the crucial business tasks like, for instance, payroll setting, licenses applying, and bank accounts opening. The best accountants in Cumberland RI can work with you to make sure your EIN application is free of mistakes and processed quickly. They can also assist you through other start-up financial prerequisites like, for instance, choosing your business structure to registering for state and local taxes.

Common EIN Application Mistakes

Errors on Form SS-4 like wrong business names, lacking signatures, or incomplete sections can cause major processing delays. A local accountant in Cumberland, RI, can check your paperwork before you file it to prevent such problems. Furthermore, certified public accountants are always informed about the IRS rules, thus making it sure that you are using the most recent filing procedures.

The Role of Professional Accountants

If you’re opening a new company or making a bigger one, then getting help from the top accounting firms in Cumberland RI, can economize your time and lessen your worries. They can take care of your EIN application, do the bookkeeping, help with tax planning, and give you financial advice that is supportive of your goals, and thus, strategic in nature.

The time to get an EIN after submitting Form SS-4 may range from a few minutes to several weeks, depending on the selected method. To guarantee the correctness and eliminate the potential of delays, it would be wise to hire certified public accountants in Cumberland, Rhode Island, who will help you with the process, which would turn out to be easier and faster, and at the same time, your business will be ready for success.

Read Also: What is Form SS-4, and Why do You Need it for Your Business?