Your federal employer identification number may not be a requirement for your business type, but it is still a good idea. The number allows you to maintain a sense of privacy with your personal financial information, including your social security number. In addition, the number allows you to obtain licenses to sell liquor or tobacco, hire employees and so much more. In most cases, obtaining an EIN is quick and easy. However, like with any application process, sometimes things don’t go as expected.
Reasons an EIN Application May Be Denied
Sometimes, an EIN application is denied. In most cases, this is because the chosen business name too closely matches another business in the country. However, it may also be denied if you forget to include certain information or if information doesn’t seem to match up correctly.
What to Do to Get a Refund
If you want a refund from IRS-EIN-Tax-ID, first you must decide why. If you have simply decided that you no longer need or want the number, you can contact the company and receive a full refund, less a $10 process fee. If you want a refund because your application was denied, a few more steps are necessary.
- You will first receive an email from the company letting you know the issue
- You will then fill out form SS4 online to correct the information
If, after correcting and re-submitting your application, you are still denied for some reason, EIN Tax ID Filing Service will provide you with a refund. However, it is important to remember that there is a processing fee of $25, so your refund will be less that amount.
Applying for an EIN
If you are ready to begin the EIN application process, EIN Tax ID Filing Service can help. Contact the company to learn more about how to fill out the application and how you can use an EIN number lookup to track your application.