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Friday, May 8, 2015

Demystifying the E.I.N.- How to Get It or Retrieve It Safely



With 2290 renewal season around the corner, you should already be preparing to file your heavy vehicle use tax. But many of you may still be wondering if you can file using your Social Security Number. 

Unfortunately, the good old days of simply using your Social Security Number to file those 2290’s are long gone, and if you don’t already have an EIN, NOW is the time to apply for one.



What’s an EIN?


An EIN, also known as an Employer Identification Number or a Federal Tax Number, is a unique nine-digit number that is used to file heavy vehicle use tax. This number must be obtained from the IRS, and you can apply for one for free on the IRS website.

EIN numbers:


  • Contain nine digits in the form of XX-XXXXXXX
  • Cannot be transferred or cancelled
  • Are used for business activities only
  • Should not be used in place of your SSN

Why Do I Need One Now?


You may be wondering why you should begin this process now if you haven’t already, and maybe you’re even thinking that you’ll just get around to it once tax season actually starts. However, the best practice is preparation, so you should go ahead and get prepared now.

The process of filing for and receiving an active EIN can be a bit time-consuming, and if not done in time, can delay your filing and even potentially cost you late penalties. On average it takes the IRS 10 business days to activate an EIN, and in some cases it can even take up to 15. Until your EIN becomes active, your return will be rejected again, and again, and again.


How Can I Get One?


Although the process of obtaining an EIN is free through the IRS, it can be somewhat of a daunting task to handle on your own. The good news is that even if you don’t have the time to go through the strenuous process of filing and waiting for an EIN to become active, there are people that do.

Truck Services of North America specializes in making the entire process as simple and hands-off as possible for truck owners and operators. TSNAmerica’s tax specialists provide countless services for truckers, and will take care of the EIN process in its entirety with a simple five-minute phone call.

Be sure to exercise caution, however, as there are no shortage of scams out there charging upwards of $400 in return for assistance with the process, while TSNAmerica provides this service for only $50.

After you have your active EIN, there’s only one thing left to do and that’s to file your 2290. Don’t want to deal with that process either? With another simple five-minute phone call, TSNAmerica will take care of that for you too and have your stamped Schedule 1 sent to you in a matter of minutes. If your return is rejected for any reason, TSNAmerica will even make any necessary changes and resubmit your 2290 until it is accepted by the IRS, leaving your business to do exactly that, business.


Misplaced Your EIN?


If you have already received your EIN number but forgot or misplaced it, here’s what you can do:

  • If you’ve ever E-filed your 2290 with our friends over at ExpressTruckTax, then your EIN is automatically stored in your account. Just login and view your business details on your dashboard, or pull up a previously filed return to find your EIN.
  • Check with the bank or the institution that you applied for a license with. Both should have your EIN on record.
  • If all else fails, call the IRS Business and Specialty Tax Line at 1-800-829-4933. After you verify your identity, the IRS will be able to provide you with your EIN.

To get in contact with TSNAmerica, you can email support@TSNAmerica.com, use live chat support, or call (803)-386-0320. TSNAmerica support is available every Monday through Friday from 9 a.m. to 6 p.m., and we are always more than happy to assist with any questions or issues you may have. So don’t cost yourself extra time and money by waiting until the last minute. Let TSNAmerica help you today!

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