Georgia Tax ID (EIN) Number Application | How to Apply OnlinePublished:
Looking to obtain your Tax ID (EIN) Number in Georgia? This short Georgia Tax ID Application Guide will walk you through the basic steps you need to follow to apply for your Tax ID (EIN) Number in the state of Georgia. Whether you own a Partnership, multi-member LLC, Corporation, Non-Profit, Trust or Estate, this guide will help you learn what you need to know to obtain your official IRS Tax ID Number within minutes.
Steps to Obtain your Tax ID (EIN) Number in Georgia:
- Prepare Required Information
- Apply for a Georgia Tax ID Online
- Apply for a Georgia Tax ID by Phone, Mail or Fax
- How Do You Get a Tax ID Number in Georgia?
- What Is Georgia’s State Tax ID Number?
- How Do I Get a Georgia State Tax ID Number?
You’ll be pleased to know the first step is an easy one—you’ll just need to gather up a few pieces of information about you, your partners, and your business, including:
- Co-founder information. Be prepared to gather information for yourself and all your co-founders, including your full legal names, your home addresses (so you can receive relevant mail for the business), and your social security numbers (SSNs).
- Your business name. You’ll also need to have your official business name in place.
- Business paperwork. You won’t need your business plan completed to get a tax ID, nor will you need your articles of incorporation or partnership agreement; however, they may be beneficial for gathering the appropriate information for your application.
When you’re prepared to get your Georgia tax ID, you should know you have multiple options for filling out your application. While traditional processes, like applying via mail or fax, still exist, it’s in your best interest to apply online, since it can save you both money and time.
For starters, applying online is more convenient; chances are, you won’t have to leave the house, and you can fill out the questionnaire faster in a digital format. You also won’t have to worry about buying stamps, or your application getting lost in the mail. Perhaps most importantly, the application process is faster. You can complete the application in a few minutes—after that, you’ll get your tax ID via email, usually within one hour of that application’s completion.
If for some reason you want to use a more traditional process to apply for your tax ID, there are a few different methods available to you. You can apply by phone, by mail, or by fax. These methods rely on the same type of application as the online version; you’ll be asked many of the same kinds of questions, except you’ll need to fill them out on a piece of paper or in conversational style over the phone.
The biggest drawback of these traditional methods is the time they take to process. After you’ve submitted your application, it can take up to 4 to 6 weeks to process. When it’s done, you’ll get your tax ID via traditional mail, delaying the start of your business even further.
There are several criteria that could force you to get a tax ID number, or employer identification number (EIN) in Georgia. Any business that has multiple members, or plans on hiring employees, is going to need a tax ID number. You’ll also need one if you plan to open a specific business bank account, or if you’ll be using business lines of credit.
If you do need a tax ID number, the easiest way to get one is to apply online. No matter what, you’ll need to register your business tax id via a simple application. After filling out the application, you’ll need to allow some time for it to process, and afterward, you’ll be given your tax ID. The application asks questions regarding your business, including your business name, your business structure, and the names, addresses, and SSNs of all founding members.
If you apply online, you should be able to complete the application in minutes, and the application should finish processing in an hour or less. It’s hands-down the fastest and most reliable way to get your tax ID.
Your federal tax ID (or EIN) is just one unique identifier that could be associated with your business. Most states also have a state-level tax ID for businesses operating within their borders; this ID number is meant to register businesses with the state government, and is vital for several functions.
You’ll need a Georgia state tax ID number if you plan on hiring employees in the state of Georgia, or if you’re planning on selling taxable goods and services in the state. You’ll also need a state tax ID number if you’re going to owe excise taxes, which apply to certain types of state-regulated products, like cigarettes and alcohol.
Be aware that your Georgia state tax ID and federal tax ID are very similar, both in how you apply for them and how you’ll use them in your business, but they are distinct—and you won’t automatically get both when you apply for one or the other.
Some business owners find the distinction between employer ID numbers and state tax ID numbers confusing. To make things simple, you’ll definitely need a federal tax ID if your business is hiring employees or has more than one member, and if you’re going to apply for business bank accounts, lines of credit, or licenses and permits. You’ll also definitely need a Georgia state tax ID number if you’re going to hire Georgia employees or sell taxable goods and services in the state.
If you’re ready to apply for a Georgia state tax ID number, you’ll be comforted to know the process is easy (and similar to applying for a federal tax ID). The best way to apply is online; you’ll be able to answer a few questions about your business in the and submit your application. After that, you’ll need to allow some time for the application to process—usually a few days to a few weeks, depending on a handful of variables. And when it’s done, you’ll get your state tax ID via email.