To run a reputable company that can legally do things such as hire employees or open business bank accounts, you’ll need a federal tax ID number, which is tied to your company’s name. You’ll need to provide this name on your application, so it is important to understand what is acceptable as a business name with the IRS.
Letters, Numbers and Only Certain Symbols
The short answer is that you can use letters, numbers and certain symbols for your company’s legal name. All 26 letters of the English alphabet are acceptable, and all numbers are as well. When it comes to symbols, you can only use hyphens or ampersands. Of course, many businesses still use stylized versions of their names. If you plan to do the same and want to use that name when filling out an application on IRS-EIN-Tax-ID, you’ll need to adjust. For symbols such as ‘@’ or ‘+,’ simply spell out “at” and “plus.” Do the same with the percent symbol. Remove any apostrophes and leave a space in place of any other symbols.
How To Fill Out the Form
Whether you have a company or need a trust tax ID number, filling out the application is fast and easy. Simply provide some information about you, such as your name, social security number, and address, as well as information about the business or the trust, including legal names and addresses. Once you submit the application, you will typically receive your ID number via email within 24 hours. If you submit on a Friday, you will usually receive it the next business day. The process is convenient so that you can get back to work and building your business as quickly as possible.
Are you ready to learn more about applying for a federal tax identification number? Get in touch with the professionals at IRS-EIN-Tax-ID.com to ask questions or begin the application process.