EIN ValidationEasily Verify Employer ID Numbers
EIN Validation is an important function for compliance. Whether validating a vendor, issuing 1099s, opening accounts or beginning business relationships, EINSearch can assist your organization in avoiding penalties and potential fraud. Using a paid service like EINSearch allows you to take advantage of a well-organized, easy to use system providing real-time validation without the hassle of establishing accounts with the IRS that can take months.
Why Use A Paid EIN Validation Service?
Avoid Hefty IRS Penalties
Issuing a 1099 with incorrect information can lead to expensive penalties. By validating the EIN through our IRS connection, you can rest assured that the EIN you use, is the same the IRS has on file.
Mitigate Risk and Fraud
EIN validation is one of the first steps in any due diligence program. By ensuring the EIN and name combination provided is accurate and registered with the IRS, your team can spend valuable time focused on other aspects of the business relationship and due diligence process.
Results that are Easy to Interpret
Our system is designed to provide results a simple, clear to understand manner. By presenting clients with a clear “yes” or “no” response, we eliminate the room for error of interpreting a series of complicated response codes and unnecessary information other services provide.
Our Customer Feedback
Overall, it’s a good system. If I had to hone in on anything, though, it is its simplicity. That makes it so much easier to train everyone else.N.P. Vida Divina
Liberty Data has been great! They help us validate our new customers when they come onboard. They are fast, easy to work with and provide updates whenever there are any issues with the IRS. Would recommend!D.O. Brightwheel
Getting Started with Your EIN Validation Service
Provide your business information to create your account.
Verify Your Account
An email verification link will be sent to you.
Select Your Plan
Choose a plan that best fits your needs or simply click the chat icon and our team will help you find the best solution. Once you have purchased a plan, your order will be on hold until one of our agents verifies your order. Orders are verified Monday – Friday, 8:30 AM – 5:00 PM EST (during tax season we verify orders until 9 PM EST).
Start searching and/or verifying!
What Is An EIN?
The term EIN is commonly used interchangeably with TIN. A TIN, otherwise known as a tax identification number, is a unique number issued to a business, person, or other legal entity. There are several types of Tax Identification Numbers to include an Employee Identification Number (EIN), a social security number (SSN), or an Individual Tax Identification Number (ITIN). These unique nine-digit numbers are used by the Internal Revenue Service (IRS) and many other institutions such as banks and government entities to help identify a person, business or other legal entity.
When Do Businesses Need An EIN?
Businesses need an EIN for almost everything they do. Whether you form a business entity, a trust, operate as a sole proprietorship, or self-employed, we recommend all business owners not wishing to use their Social Security Number as their TIN apply for an EIN as soon as they begin to operate.
What Are EINs Used For?
Whether operating as a sole proprietor, self-employed or as a business entity, EINs are used almost daily. From filing a tax return or submitting a document to the IRS or other government entity, to opening a bank account or applying for a loan or credit, EINs are used to identify the individual or business providing the record.
When Do You Need Another Company’s EIN?
EINs are regularly used to identify the existence of an entity by many institutions and government bodies. Thus, you may need a company’s EIN when seeking to validate/verify their information. Some of the most common places you would need a company’s EIN is when preparing a Form 1099 to submit to the IRS, preparing a business’ tax return, or looking to process an important application such as opening a bank account, a loan application, or insurance underwriting.
Why Are EINs Beneficial To Have?
An EIN is a unique identifier to your business or legal entity. Often times, individuals want to protect their Social Security Numbers (and rightfully so). Using an EIN to identify your business allows you to protect your personal social security number while still maintaining a recognized and accepted identifier as you conduct your affairs.
How To Apply For An EIN
Applying for an EIN is done directly through the IRS website and by using Form SS-4 Application for Employee Identification Number. The Form, as well as instructions to complete the form can be found at the following links: https://www.irs.gov/pub/irs-pdf/fss4.pdf (application); https://www.irs.gov/pub/irs-pdf/iss4.pdf (instructions)
Additionally, the IRS allows individuals to apply for a new EIN directly online. The process takes approximately 5 to 10 minutes and you can download your EIN confirmation letter immediately. https://www.irs.gov/businesses/small-businesses-self-employed/apply-for-an-employer-identification-number-ein-online Using this link, you simply choose the “Apply Now” button in the middle of the page and complete the application.