A church organization needs to be ready to comply with the Internal Revenue Service early on in its lifecycle. When you are able to comply with the IRS out of the gate, things such as opening business bank accounts, taking out business loans or filing taxes for the church become much more efficient and seamless.
Steps to Getting a Tax ID Number for a Church Organization
- Prepare Mandatory Business Information
- Apply for a Church Organization Tax ID (EIN) Number Online
- Apply for a Church Organization Tax ID (EIN) Number via Mail or Fax
- How Do I Obtain a Tax ID (EIN) Number for my Church Organization?
- How Long Does it Take to Obtain a Tax ID (EIN) Number for my Church Organization?
- Why Do I Need a Tax ID (EIN) Number for my Church Organization?
You need to get together all of the important mandatory business information when applying for a Church Tax ID (EIN) Number. As a church organization, you need to figure out if you are eligible out of the gate. The eligibility requirements for obtaining an employer identification number start by seeing if you are a United States organization. The principal business, to obtain an EIN, needs location in the United States or a United States territory. You also need an individual doing the application that has a valid identification with the Internal Revenue Service. The examples would be something like a Social Security Number.
Pending you meet the requirements to obtain an employer identification number, the next step is to get together information pertaining to the responsible party. The responsible party is the individual that has the ability to manage and control all assets of the church organization. The responsible party needs to be an individual, and they also need to have a valid Taxpayer Identification Number. When naming the responsible party, be sure you are certain of the individual. The responsible party can exercise full or ultimate control over the church organization in totality.
The easiest way to apply for an employer identification number for a church organization is to use the online Church Tax ID application. The online application process starts by identifying the appropriate virtual form to complete on the IRS website.
The Internal Revenue Service makes it easy to apply online, as you can do it with an Internet connection on virtually any internet-connected device. There are some smartphones that will even allow you to apply right over the mobile device.
The online application process is something which will only take a few minutes and has you completing, filling in all of the mandatory business information. When you enter all of the information, you go through an automatic submission for validation by the Internal Revenue Service. When they validate, they will immediately return to you the nine-digit Tax ID (EIN) Number for the church organization.
You can obtain a Tax ID (EIN) Number for your church organization by applying via mail or fax as well. The mail and fax methods are similar, in that you will be printing out the paper application form. You can usually complete the form with a PDF solution on your computer, or also fill it in with pen by hand after it prints.
The mail application method has you taking the form you complete in full and put it in an envelope. You do need to properly add postage before sending it to the Internal Revenue Service. Be sure all mandatory business information is on the form before mailing it in. Once they validate the information, the Internal Revenue Service mails you back the Tax ID (EIN) Number.
The fax method is similar, but the biggest difference is that you do not need postage or anything like that. You simply take the form, which is complete with all mandatory business information, and send it to the IRS through their fax line. The church organization will then receive fax in return with the nine-digit Tax ID (EIN) Number after a few business days.
You have a lot of options when it comes to obtaining a Tax ID (EIN) Number for a church organization. The great thing about the Internal Revenue Service is they want to make it easy, no matter the approach you take. You have the online application method, the fax application method, as well as the mail method. If none of those work for you, you can also place a call to the Internal Revenue Service and do the application over the phone.
The length of time it takes to obtain a Tax ID (EIN) Number will largely depend on the means you choose to do the submission. When you go through the online application process, the expectation is that you have the Tax ID (EIN) Number back to you in a matter of minutes. When you go through the fax application process, you will end up with the number back to you in around four business days. The mail application method will take the longest, as it requires the post office to get the form to the IRS and then back to you. You can expect it to take a few weeks to have the Tax ID (EIN) Number in-hand.
A church organization needs to be in compliance with the Internal Revenue Service. In order to do all of the tax administration duties of a church organization, you need the Tax ID (EIN) Number. Filing taxes and even doing payroll taxes are two great examples of the need for a Tax ID (EIN) Number. You will also need it if you intend to have a business checking or savings account for the church organization, take out loans, etc.
Go through the application process for your church organization in a way that makes the most sense to you. The online application process is the easiest and quickest, but the important thing is to just get the Tax ID (EIN) Number to comply with the Internal Revenue Service tax administration needs.