How do I get a business tax ID in Illinois?

How do I get a business tax ID number in Illinois?

Your business must obtain an Illinois Business Tax number from the Illinois Department of Revenue.

There are several ways to register:

  1. Online through their website,
  2. Mail in the appropriate form (and applicable schedule forms) available for printing off their website,
  3. Visit one their offices, or.
  4. Call (800) 356-6302.

How do I get an Illinois tax ID number?

To register your business you may choose one of the following options:

  1. Register electronically using MyTax Illinois.
  2. Complete and mail Form REG-1, Illinois Business Registration Application.
  3. Visit a regional office.

How much does it cost to get a tax ID number in Illinois?

Applying for an EIN for your LLC is free ($0)

Applying for an EIN for your Illinois LLC is completely free. The IRS doesn’t charge anything for applying for an EIN.

Do you get a tax ID with an LLC?

When forming a limited liability company (LLC), you’ll need to apply for a federal tax ID number, or employer identification number (EIN), for tax purposes. This nine-digit number is similar to a Social Security number and is issued by the Internal Revenue Service (IRS).

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Do I need an EIN for my LLC?

An LLC will need an EIN if it has any employees or if it will be required to file any of the excise tax forms listed below. Most new single-member LLCs classified as disregarded entities will need to obtain an EIN. An LLC applies for an EIN by filing Form SS-4, Application for Employer Identification Number.

Do I need an EIN for my LLC in Illinois?

A Federal Employer Identification Number (FEIN) is not required for all business types. … NOTE: If you are a single-member LLC and do not have a FEIN, you will need to complete the paper version of the Form REG-1, Illinois Business Registration Application.

How much does it cost to get a business license in Illinois?

Business Licensing: What Do I Need?

BUSINESS SECTOR/Activity LICENSE TYPE LICENSE APPLICATION FEE / 2 YEARS
Debt Collections – Complete Requirements Regulated Business $250
Dry Cleaner Regulated Business $250
Expediter Regulated Business $250
General Retail Sales and Services Limited Business $250

How do you register a business in Illinois?

Business Registration

  1. electronically register through MyTax Illinois (approximately one to two days to process);
  2. complete and mail Form REG-1, Illinois Business Registration Application, to us at the address on the form (Form REG-1 is available on our web site as a fill-in and savable form. …
  3. visit one of our offices.

What is my Illinois Business Tax number?

Your Illinois Business Tax Number Chicago Illinois or what is more commonly known as a Sales Tax Number is an eight digit number usually hyphenated in the middle. If you have one, it will be on any of the letters sent to your business from The Illinois Department of Revenue.

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How do I get my business tax number?

Once you have a legal business structure, you have a few options to get a tax ID number:

  1. Your accountant or financial institution may be able to help you obtain one.
  2. You can use the IRS Business & Specialty Tax Line listed above (800-829-4933)
  3. You can manually fill out Form SS-4 and mail it to the IRS.

How long does it take to get an EIN in Illinois?

Apply by Mail

The processing timeframe for an EIN application received by mail is four weeks. Ensure that the Form SS-4 PDF contains all of the required information.

Is EIN the same as tax ID?

EIN. An Employer Identification Number (EIN) is also known as a federal tax identification number, and is used to identify a business entity. … Refer to Employer ID Numbers for more information.