You may need to apply for an Employer Identification Number (EIN) with the IRS if you started a new business, need a number for banking purposes, made changes to an existing LLC, plan to hire employees, or want to open a line of credit for your business. What issues should you look out for when going through the process of getting a number for your business and filling out your tax ID? If you get an error EIN reference number 101 , this could be for one of the following reasons.

1) Object name conflict

If your property name is not unique and the IRS finds the same, you may be denied an EIN. Companies and limited liability corporations cannot file organization or registration articles until there is a unique entity name for that particular state.

2) Multiple states

The application itself asks for address and state in several different places. If the company is registered in a different location than the physical address, it can lead to error 101, because the application has multiple states. The IRS will then check each state to make sure the property name is unique in each state before a number is issued.

See Also: Where Can I Find A Property Tax ID Statement?

3) Electronic numbers

If you received your EIN electronically, you cannot use that number to obtain other EINs electronically. To determine if your EIN was obtained online, check the following numbers at the beginning:

4) You are already the responsible party

If you are the responsible party for another EIN application that has been approved, you may be denied when you apply for a second application with another organization. When numbers are obtained online, you can only be the responsible party for one EIN.

5) Incomplete processing of documents

If your application is missing any important information, it will likely be rejected. Fortunately, if you need to form an LLC online or quickly apply for an EIN, Gov Doc Filing can ensure that all of your forms are filled out correctly. Visit the website today to find out more.