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In addition to the designated business bank account, you’ll need to get an Employer Identification Number from the IRS and a separate business phone number.
The Internal Revenue Service (IRS) is the revenue service for the United States federal government, which is responsible for collecting U.S. federal taxes and administering the Internal Revenue Code, the main body of the federal statutory tax law. It is an agency of the Department of the Treasury and led by the Commissioner of Internal Revenue ...
The Employer Identification Number (EIN), also known as the Federal Employer Identification Number (FEIN) or the Federal Tax Identification Number (FTIN), is a unique nine-digit number assigned by the Internal Revenue Service (IRS) to business entities operating in the United States for the purposes of identification.
Just pick up your phone and punch in these 10 numbers: 800-919-9835. That’s the IRS Economic Impact Payment phone number, which connects you with a live representative.
EFTPS allows individuals and businesses to make their tax and estimated tax payments securely online using their bank accounts. Payments can be made only after enrolling in the system, and the enrollment process can take about a week (initial online enrollment is followed by relevant information being sent by physical mail, after which the online enrollment process may be completed).
Months after business owners and other taxpayers have filed their returns with the IRS, thieves try to scam people out of money or personal information. Beware of tax scam emails and phone calls ...
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