Erroneous EIN numbers result from one of two things: accidental number transposition or intentional entry of fraudulent information.Regardless of the reason, confirmation of an EIN is necessary.As a result, it is possible that when your tax preparer enters the company name or EIN while completing a tax return, additional company information populates.Programs like Tax Act, H&R Block and Turbo Tax have such databases.The application includes embedded help topics and hyperlinked keywords and definitions so separate instructions aren’t needed.After all validations are done you will get your EIN immediately upon completion.To avoid backup withholding, beginning in January 2012, it is very important that merchants provide the correct name and Tax Identification Number (TIN) that is used when filing their tax return that includes the transactions for their business.To begin the validation process, please enter your Merchant Identification Number (MID) beginning with 5101, 4343, 4139 or 5436 which can be found on your Merchant processing statement.
The I-9 states the company name, address and EIN information, which is all provided by the payee.
All non profit organization EIN information is maintained via the IRS Exempt Organization Select Check database.
This database not only verifies if the EIN matches the named non profit entity, it notes whether the entity has had its non profit status revoked.
When you apply for an EIN, we presume you’re legally formed and the clock starts running on this three-year period. This limitation is applicable to all requests for EINs whether online or by fax or mail.
An Employer Identification Number refers to specific tax identification numbers issued by the IRS to business entities.