
7 Tax Mistakes U.S. Business Owners Make (And How to Avoid Them)
The 1099-NEC threshold moved to $2,000, plenty of published guidance still says $600, and that is only the fourth item on this list.
The federal tax ID every U.S. company needs to open a bank account, hire and file taxes. Pick your situation, we do the rest.
Your EIN
For a U.S. company
$99paid once
One more tap for your date
Approved, or refiled at no cost.

An EIN (Employer Identification Number) is the nine-digit number the IRS assigns to a company, the business equivalent of a Social Security number.
Included with every EIN, whoever it is for.
Form SS-4 prepared line by line and filed the way the IRS allows for your case.
You are the responsible party on the IRS record. Blugency is only the designee.
The IRS confirmation letter, delivered the day it is issued, with an alert, kept for as long as you need it.
No U.S. company yet? The EIN is included in Plus and Pro. Start your company
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The Blugency Promise, three commitments in every order.
If the IRS rejects the application, we correct it and refile right away, at no cost to you.
Your application reaches the IRS within 1 business day of your order, the same day with Express.
Ask as many questions as you need, from your first filing onward.
No. The IRS accepts applications from responsible parties who have no SSN or ITIN and are not eligible for one. Line 7b of Form SS-4 is marked Foreign and the application goes in by fax or phone instead of online.
Standard orders reach your dashboard in 3 business days, Express orders the next business day. By fax the IRS sets the pace, generally within 4 business days by its own figure and up to 15 in practice, within 10 with Express or the Express fee back. Weekends and federal holidays are not business days.
Your order goes to the front of our queue for $20 more, next business day instead of 3, or within 10 business days instead of 15 by fax. If we miss an Express date, the Express fee comes back.
No. The IRS asks for the SSN of the person who actually owns or controls the business, never a borrowed one. If you have no SSN or ITIN, we file without one, the way the IRS allows.
Often it is a known scam. The seller applies with an SSN that is not yours, usually their own, and may edit the IRS letter to show your name. The IRS then lists that stranger as the person behind your EIN, and an edited letter is not an IRS document. Banks and Stripe can reject it, and fixing it means going back to the IRS. Blugency files every EIN in your name, so the number, the IRS record and the letter are yours.
Yes. Stripe, like every U.S. bank, verifies your legal name and EIN against IRS records and requires an exact match with the IRS letter. An EIN issued in your name, for your company's exact legal name, passes. Keep the confirmation letter, it is the document they ask for, and it stays in your dashboard.
The IRS requires one as soon as the company hires, and a bank will ask for one before opening an account. A single-member LLC owned from abroad needs one to file Form 5472, which is due even with no income.
Use it right away to open a bank account or apply for licenses. For filing or paying the IRS online, and for platforms that verify it with the IRS, allow up to 2 weeks.
The person who owns or controls the company, or who exercises ultimate control over its funds and assets. It must be a person, never a company, and the IRS issues one EIN per responsible party per day.
Your copy stays in your Blugency dashboard. The IRS can also verify your identity and provide the number over the phone, and Letter 147C or the CP 575 notice can be downloaded from your Business Tax Account.
A new responsible party is reported on Form 8822-B within 60 days. A name change goes to the IRS by letter. Both are covered by our Update or Close Your EIN service.
What to set up next, all in one dashboard.
When the bank asks for a U.S. address
A U.S. address for your company, with your mail scanned to your dashboard.
Business Banking
The documents, the preparation and the guidance, so your application is complete when you apply.
When you are ready for a U.S. company
Formed in any state, with the EIN included in Plus and Pro.
Guides written from real filings, for founders getting their tax ID in order.
Pick your situation, we handle the IRS.