March 29, 2019

The EIN application

The IRS is revising the Employer Identification Number (EIN) process. Anyone filing a tax return or other documents with the IRS must provide a taxpayer ID number. One way that employers, estates, and certain others do so is with an EIN. The IRS has announced that, as of 5/13/19, to obtain a nine-digit EIN, the application must list an individual as the “responsible party” and include that person’s Social Security number or other taxpayer ID number. The purpose is to enhance security by preventing entities from obtaining additional EINs. (IR 2019-58)