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Along with providing formation-related filings, and
other products and services that can be found on the
left navigational bar of this section, Business Pro Net
can also assist you with certain Internal Revenue
Service (IRS) documents, such as federal tax identification
number form preparation and obtainment and S corporation
election form preparation, which you may find necessary
for your business.
Business Pro Net offers two levels of service relating to the
federal tax identification number and also offers
preparation of the S corporation election document.
The following services are either available in, or
can be added to, Business Pro Net Complete Formation
Service. If you select Business Pro Net Basic Formation
Service, these items can be added to your order, depending
on the type of entity you are forming. Further, each
of these items can be purchased as a stand-alone service.
Federal Tax Identification Number Offerings
The federal tax identification number, also known
as an employer identification number or EIN is basically
a social security number for businesses. It is the
number the IRS uses to identify the business, and
must be included on tax filings the business makes.
Businesses can apply for an EIN by preparing IRS Form
SS-4 and filing it with the IRS. Certain states also
require a state tax identification number. To learn
if your state requires a separate number, contact
your state's taxation authority. Business Pro Net
does not assist with the obtainment of state tax identification
numbers.
If you operated your business as a sole proprietorship
or partnership, and are now looking to incorporate
or form a limited liability company (LLC), you must
obtain a new EIN for your business.
Tax ID (SS-4) Form Preparation
Business Pro Net partially prepares IRS Form SS-4
and sends it to you, along with instructions on how
to complete the form. Once you have completed and
signed the SS-4 you can then apply to the IRS for
your federal tax identification number with instructions
provided by Business Pro Net. This service is included
in Business Pro Net Complete Formation Service for
corporations, LLCs, and nonprofits. The cost for this
service as an add-on to the Basic Formation Service
or as a stand-alone service is $25.
Tax ID (EIN) Obtainment Service
If you choose, Business Pro Net can also obtain your
EIN from the IRS on behalf of your business. The typical
turn-around time for this service is 5 days after
we receive the completed and signed form. Business
Pro Net will send the partially completed form to
you once your corporation, LLC, or nonprofit has been
formed with the state. The price of this service as
an add-on to the Basic Formation Service or as a stand-alone
option is $70. If ordering the Complete Formation
Service, you may upgrade to the tax ID number obtainment
service for an additional $45.
In order to obtain the EIN for your business, you
must provide your social security number or individual
tax identification number (ITIN). If you do not have
a social security number, you must obtain an ITIN
from the IRS prior to being able to
apply for the EIN for your business. To obtain an
ITIN from the IRS, you must complete IRS Form W-7
and mail it to the IRS. Click
here to print Form W-7 and the associated instruction
sheet. Business Pro Net does not assist with the preparation
of Form W-7 or the obtainment of the ITIN.
S Corporation Election Form Preparation
Many small business owners choose to form their businesses
as corporations and then elect "S corporation" status
with the IRS. Being taxed as an S corporation allows
for pass-through taxation of the corporation's profits
and reporting of losses. To learn more about S corporations,
click here.
Please note that certain states may require a separate state
S corporation election or do not recognize the federal
S corporation election. To learn if your state requires
a separate election or does not recognize the federal
election, contact your state's taxation authority.
Business Pro Net does not assist with the preparation
of state S corporation election documents.
If your company would like to elect S corporation
status with the IRS, Business Pro Net will prepare
Form 2553 for you to make the S corporation election
at the federal level. Once you have completed and
signed the form you can send it to the IRS in the
envelope Business Pro Net provided. Please note that
there are deadlines for the S election to be effective
in a certain year. The S corporation election document
preparation is included in Business Pro Net Complete
Formation Service for for-profit corporations. The
cost for this service as an add-on to the for-profit
Basic Formation Service or as a stand-alone service
is $25.
Quick View Service/Cost Chart
| Service Type |
Complete Formation Service |
Basic Formation Service |
Stand-alone Service |
| Tax ID (SS-4) Form Preparation |
Included |
Add-on for $25 |
$25 |
| Tax ID (EIN) Obtainment Service |
Upgrade for $45 |
Add-on for $70 |
$70 |
| S Corporation Election Form Preparation |
Included for for-profit corporations |
Add-on for for-profit corporations $25 |
$25 |
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For questions regarding Business Pro Net EIN or S
corporation election offerings, please contact
us at 888-462-9995 (Toll Free Number) or 727-507-7107 (Direct Line).
You may also email your questions to
info@businesspronet.com
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