What is an ITIN?
An Individual Taxpayer Identification Number (ITIN) is a nine-digit tax processing number issued by the Internal Revenue Service. The IRS issues ITINs to individuals who are required to have a U.S. taxpayer identification number but who do not have, and are not eligible to obtain, a Social Security number (SSN) from theSocial Security Administration (SSA).
Financial institutions, including banks, payment gateways, and eCommerce platforms like Walmart, use the ITIN to identify a business owner just like the SSN.
What is an ITIN used for?
IRS issues ITINs to help individuals comply with the U.S. tax laws, and to provide a means to efficiently process and account for tax returns and payments for those not eligible for Social Security numbers. They are issued regardless of immigration status, because both resident and nonresident aliens may have a U.S. filing or reporting requirement under the Internal Revenue Code. ITINs do not serve any purpose other than federal tax reporting. An ITIN does not:
• Authorize work in the U.S.
• Provide eligibility for Social Security benefits
• Qualify a dependent for Earned Income Tax Credit Purposes
What is a Certifying Acceptance Agent (CAA)?
The Internal Revenue Service (IRS) authorizes a Certifying Acceptance Agent (CAA) to assist alien individuals and other foreign persons who are ineligible or unable to obtain a Social Security Number (SSN) in obtaining an ITIN (Individual Taxpayer Identification Number) from the IRS. Our CAA's are the best!
Benefits of Blugency ITIN Service
1
No need to mail your Passport
We provide Online ID Verification for ITIN applicants, so they won't worry about sending their documents and avoid the risk of them being lost.
2
Preparation of Income Tax Return
A Tax Return will be prepared by a Certified Public Accountant (CPA) and submitted to the IRS along with your ITIN application as a supporting document.
3
Superior Customer Support
24/7 available customer support to answer your questions and assist you in any service you purchase.
4
eDashboard Tracking System
Blugency's dashboard allows you to monitor the status of your ITIN application in real-time.
5
The Best CAA
Our team, which includes a Certified Acceptance Agent (CAA), has direct phone line access to the IRS office to resolve application issues quickly.
💡 Remember, it's a long process, so you need to be patient.
Common Questions About Individual Taxpayer Identification Number
Q) Who Needs an ITIN?
A foreign U.S. business owner that does not have a SSN needs an ITIN to apply for Payment gateways, Banks, Pay taxes through the ITIN number and file tax returns to the U.S. government. ITIN is for U.S. residents and non-residents (with foreign nationality); even if your immigration is pending and not yet approved, you must apply for an ITIN as you will need it in the future to file taxes as a taxpayer.
Q) How Long Does It Take The IRS to Issue my ITIN?
It usually takes 10-16 weeks for the IRS to process your ITIN application. Update request; however, in some circumstances, it may take longer. Remember that the IRS may delay your request, so you must be patient.
Q) Will I receive an ITIN Confirmation letter?
Yes, an ITIN Confirmation Letter will be sent to your mailing address.
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