How to Get an EIN (Tax ID) Number in Nevada
To conduct business in Nevada, your business will need state and federal tax ID numbers. This guide explains which businesses need a Nevada tax ID number. Then, it outlines how to apply for an EIN (also called a Federal Employer Identification Number) and a Nevada business tax identification number.
If you’re starting a new business, expanding operations, or acquiring an existing business with an existing tax ID, you will most likely need a Nevada EIN number as well as a state tax ID number. Here is what you need to know about these numbers.
How to Apply for a Tax ID Number in Nevada
Before getting ready to apply for an EIN number Nevada, you must figure out if your business needs this number. Your business needs an employer identification number if any of the following statements are true:
- The business is hiring employees.
- The business is paying contractors who need taxes withheld from their pay.
- The business wants to open a bank account or take out a loan in its own name.
- The business needs to pay excise taxes.
- The business needs a Nevada EIN number to file business tax returns. This includes all standalone business tax returns, such as partnership and corporate returns. It does not include sole proprietorships that file business taxes on a Schedule C or F.
- You’re acquiring a business with an existing tax identification number.
- Your business needs a federal tax ID number for any other reason.
It’s not only businesses in Nevada that need EINs. Other entities also use these numbers. You may need an EIN if you open a non-profit or take care of a trust, estate, or several other types of entities in Nevada. Keep reading for instructions on how to obtain an EIN number Nevada.
Prepare the Required Information
Here is what you need if you want to apply for an EIN for your Nevada business:
- Business name and contact details
- Type of business entity
- If applicable, where the business was incorporated.
- If the business is an LLC, the state where the LLC is registered.
- The number of employees you expect to hire this year.
- If any of your employees are agricultural or household employees.
- Name and tax ID number of the business’s responsible party.
- Why the business needs an EIN.
Before you apply for an EIN in Nevada, gather the above details about your business. Whether you apply online or through the mail, you will need these details to complete your application.
Apply Online
If you want your EIN as quickly as possible, you should apply online. Applying for an EIN online is fast and easy, and you can do it from the comfort of your home or office at any time when you have a few spare minutes. In most cases, gathering the information and uploading it into the online EIN application should take less than an hour, although it may take longer for some business owners.
Submit Your Application Via Mail
If you want to apply for an EIN through the mail, you need the same information outlined above. You also need a paper EIN application. You can download a pdf of the EIN application and print it out. Then, simply fill it out, sign it, and mail it in. Alternatively, you can pay a business formation professional to handle this for you.
When you mail in your EIN application, expect to receive an EIN in the mail in the next four to six weeks. To speed up the process, fax in your paper EIN application. Then, if you have a fax number, the government will fax back your EIN in about four business days, or you can have it mailed to you, which takes a couple of weeks.
Frequently Asked Questions
Do you have questions about getting tax ID numbers for your Nevada business? To help you out, here are the answers to the questions people ask the most often about EINs and state tax IDs in Nevada.
An EIN is a unique nine-digit number that identifies your business to the government, banks, and other entities. If you manage a trust or an estate that needs to file a tax return, you will need an EIN. You also need an EIN number Nevada if any of the following apply to your business or non-profit organization:
– It needs to file a standalone federal tax return.
– It needs to pay federal excise taxes.
– It needs to file payroll tax returns for employees.
– It needs an EIN for banking purposes.
The majority of businesses need EINs. Typically, the only businesses that don’t need an EIN are sole proprietorships with no employees, no federal tax reporting obligations (other than a Schedule C or F), and no bank accounts or loans in the business’s name.
No, the Nevada Secretary of State does not issue EINs. These are federal tax ID numbers that come from the IRS. However, you may need to obtain a business license from the Secretary of State.Similarly, the Nevada State Department of Taxation does not issue EINs. The Nevada Department of Taxation issues business tax ID numbers for state sales tax, state withholding tax, and other state taxes that your business or non-profit organization needs to pay.
A Nevada tax ID number is issued by the state and used on state tax forms. An EIN, in contrast, is issued by the federal government and used on federal tax forms. Banks typically request an EIN to identify your business rather than the state ID.