EINs
EIN for LLC: When You Need One and How It Fits
Learn what an EIN is, when an LLC usually needs one, and how to avoid mismatches when opening bank, payroll, tax, or vendor accounts.
An EIN is a federal employer identification number issued by the IRS. Many LLCs use one for banking, payroll, tax accounts, vendor paperwork, and cleaner business records.
When an LLC commonly needs an EIN
Multi-member LLCs, LLCs with employees, LLCs with certain excise or employment tax obligations, and LLCs opening business bank accounts commonly need an EIN.
Apply after the LLC name is approved
Using the exact approved legal name helps reduce mismatch problems with banks, payroll providers, tax agencies, and vendors.
Watch for unnecessary markups
Applying directly with the IRS online has no IRS fee when the application is accepted. Some services charge for convenience, so compare whether that help is worth the added cost.
FAQ
Is an EIN the same as an LLC?
No. The LLC is the state-created entity. The EIN is a federal tax identification number used for tax, banking, payroll, and business records.
Should I get an EIN before filing my LLC?
Usually it is cleaner to wait until the LLC is approved so the EIN application uses the exact legal name.
Does the IRS charge for an EIN?
The IRS does not charge an application fee when you apply directly and the online application is accepted. Third-party services may charge convenience fees.