Maryland Tax ID (EIN) Number Application | How to Apply Online
Looking to obtain your Tax ID (EIN) Number in Maryland? This short Maryland 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 Maryland. 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 Maryland:
- Prepare Required Information
- Apply for a Maryland Tax ID Online
- Apply for a Maryland Tax ID by Phone, Mail or Fax
- How Do I Get an EIN in Maryland?
- Is an EIN the Same as a Tax ID?
- How Do I Get a Maryland State Tax ID Number?
The first step to getting your tax ID is an easy one—all you have to do is prepare the necessary information.
- Your name, address, and SSNs. You likely know your own full legal name, address, and social security number (SSN), but be prepared to submit this information.
- Names, addresses, and SSNs of all partners and founding members. You'll also need the legal names, addresses, and SSNs of any other business partners or founding members for legal purposes.
- Your business name. You'll need a business name in place as well.
The best and fastest way to apply for a Maryland tax ID is to do so online (even though traditional methods are still available). When you apply online, you'll be walked through a simple questionnaire, which will ask you questions about you and your businesses, including prompts for the information listed above. As long as you have this information ready, the process shouldn't take more than a few minutes.
Then, when you've completed the application, you'll submit it for processing—and this is where the advantages of applying online kick in. In most cases, your application will be finished processing in less than an hour, at which point you'll be emailed your tax ID. There's no faster way to get a federal tax ID in your hands, so you can begin business operations.
Some people prefer to follow the traditional process, even there aren't nearly as many advantages to it. When applying for your tax ID by mail or fax, you'll first need to fill out the necessary paperwork by hand (which includes many of the same questions you'd answer online). Then, you'll need to submit that paperwork for processing. If you answer questions over the phone, you won't need to write or mail anything, but you'll still be vulnerable to the extended processing time. Traditional application processes can often take 4 to 6 weeks—a time during which you'll be unable to perform countless action for your business.
Many businesses in Maryland will be required to get an employer identification number (EIN), otherwise known as a federal tax ID, or just "tax ID." You'll need a federal tax ID if you plan on hiring employees, if your business involves more than one person (such as LLCs with multiple members, corporations, and partnerships), if you plan to open a business bank account, or if you're going to apply for a license or permit to begin operations.
Getting a tax ID in Maryland is a simple process, as long as you do it online. Following an online application process, you'll be prompted with a series of questions about you and the nature of your business. Once done, you'll only need to wait about an hour for processing, then you'll have your next tax ID emailed to you.
If you're interested in getting started today, make use of our tax ID (EIN) obtainment services. It's the fastest, least invasive, and most reliable way to get your tax ID number.
You might have heard other people use "tax ID," an "EIN," a "state tax ID," and other terms interchangeably—and some of them do refer to the same thing—but the terminology can get confusing.
There are two main types of numbers you should be concerned with. Your federal tax ID is also known as an employer identification number (EIN), and sometimes it's plainly called a "tax ID." This is a nine-digit, unique number assigned to you when you register your business with the federal government. As mentioned above, it's used when hiring employees, applying for licenses, opening bank accounts, and many other functions.
Your Maryland state tax ID number serves a similar purpose, but is used for different applications. You'll need it if and when you hire Maryland state employees, if you're selling taxable goods and services in Maryland, or if you'll owe state-level excise taxes.
Getting a Maryland state tax ID number is just as simple as getting your federal tax ID (EIN)—again, as long as you're using the online application process. Though you'll be registering your business at the state level instead of the federal level, and you'll be getting an ID number in a different format, you'll answer many similar questions about your business when filling out the application online. In the span of a few minutes or so, your application will finish processing, and you'll be emailed the number you need to begin operations.