How Long Is FEIN Approval Time for Your Business Application?
Discover the typical duration for FEIN approval and explore various application methods to efficiently track your business's progress.
Obtaining a Federal Employer Identification Number (FEIN) is a critical step for businesses in the United States, serving as an identifier for tax purposes and various operations. The time it takes to receive a FEIN can influence how quickly a business begins operations or expands. Understanding the factors affecting this timeline helps entrepreneurs plan effectively and avoid delays.
Typical Approval Duration
The duration for obtaining a FEIN depends on the application method. Online submissions are the fastest, with approvals often granted immediately through the IRS’s automated system. This speed is ideal for businesses that need to start operations quickly.
Mail applications, by contrast, take longer—typically four to six weeks—due to manual processing. Fax requests offer a faster alternative, with processing usually completed within four business days. Businesses should choose the method that best aligns with their timeline and operational needs.
Application Options
Businesses have several methods to apply for a FEIN, each with distinct processing times and procedures.
Online Submission
The online application is the most efficient option. The IRS offers a 24/7 platform where businesses can submit their information and receive a FEIN instantly. This method ensures a quick turnaround and reduces errors by prompting corrections during the application process. It is especially beneficial for businesses needing to establish their tax identity promptly.
Mail Filing
Mail applications involve completing Form SS-4 and sending it to the IRS. Processing times range from four to six weeks, making this method less suitable for urgent needs. To avoid delays, businesses must ensure the form is accurate and complete before submission.
Fax Requests
Submitting Form SS-4 via fax offers a middle ground between online and mail applications. Processing typically takes about four business days, making it a faster option for those who prefer a physical submission method. Clear and legible documents are essential to prevent delays.
Ways to Track Approval
Tracking the approval of a FEIN varies by application method. For online submissions, the IRS provides immediate confirmation with the assigned FEIN, which businesses should save for future reference.
For mail or fax applications, tracking is more limited. While the IRS does not provide a formal tracking system for these methods, applicants can monitor standard processing times and follow up if no response is received. For updates, calling the IRS Business & Specialty Tax Line can offer clarity on the application’s status or address any issues.