Step 3: Apply for an Employer Identification Number(EIN)

How to Start a Business in San Jacinto or Hemet

• 10 Steps to Starting a Business in San Jacinto or Hemet: A Complete 2025 Guide to Local Success
• Step 1: Choose a Business Structure
• Step 2: Register a Fictitious Business Name (DBA)
• Step 3: Apply for an Employer Identification Number(EIN)
• Step 5: Register for California State Taxes
• Step 4: Obtain a Business License in Hemet & San Jacinto
• Step 6: Obtain Business Permits
• Step 7: Open a Business Bank Account
• Step 8: Obtain Business Insurance
• Step 9: Join Local Business Networks
• Step 10: Educate Yourself

An Employer Identification Number (EIN), also called a Federal Tax Identification Number, is like a Social Security number for your business. The IRS assigns this unique nine-digit number to identify your business for tax purposes.

If you’re starting a corporation, forming an LLC, or hiring employees, you’re legally required to get an EIN. But even if you don’t have employees, having an EIN can make things easier. This is true even if you choose to use a DBA.

It helps keep your personal and business finances separate, which is great for setting up business bank accounts, applying for loans, and handling taxes.

Why You Need an EIN

1. Tax Purposes: The IRS uses your EIN to track your business’s tax filings.
2. Hiring Employees: You’ll need an EIN if you plan to hire any employees.
3. Opening a Business Bank Account: Most banks require an EIN to set up a business account.
4. Building Business Credit: An EIN helps you establish business credit, separate from personal credit.
5. Forming an LLC or Corporation: If you’re setting up an LLC or corporation, an EIN keeps your business identity distinct from your personal one.

4 Ways to Apply for an EIN

The IRS offers four ways to apply for an EIN:

1. Get Your DBA Online

This is the fastest and easiest way to get an EIN. Just apply for your EIN on the IRS website, and you’ll receive it right away.

2. Get Your DBA By Phone

You can call the IRS at (267) 941-1099 to apply.

3. Get Your DBA By Fax

Complete Form SS-4 and fax it to (855) 641-6935 if you’re in the U.S. You’ll receive your EIN within four business days.

4. Get Your DBA By Mail

Mail your Completed Form SS-4 to:

• Internal Revenue Service
  Attn: EIN Operation
  Cincinnati, OH 45999

Having an EIN protects your personal information and adds professionalism to your business. It’s especially useful for opening bank accounts, building credit, and working with new partners. Now, let’s get you prepped for state taxes as well.