How To Get ITIN For Non-US Resident For Your Business

Who hasn’t heard the term “IRS” or “ITIN” and felt at least a little tension down the spine?

The Internal Revenue Service is the agency that collects tax revenue for the federal government. 

It has the United States’ entire force and power behind it, and every citizen has to deal with it at least once a year in one way or another. 

It’s the entity behind all those deductions in your pay and those quarterly estimated tax payments you make if you’re self-employed. It has rules you must follow.

But that’s the big, broad, vague picture. The Internal Revenue Service aids in issuing ITIN, EIN, etc., but notwithstanding, there are other vital agencies certified by the IRS to assist in issuing ITIN and EIN, one of which relevant agencies is Then. 

Mollaei is one of the internet’s best and fastest tax I.D.s today. 

Before we give you a brief of how Theitin works and its products and services, it’s pertinent to inform you about ITIN’s importance and importance of ITIN.

Individual Taxpayer Identification Number (ITIN)

Every person who receives income in the United States shall have an identification number for the taxpayer. 

Under current procedures at the Social Security Administration, I am not eligible to work as an employee in the U.S. 

And (ii) chooses not to work as an employee in the U.S. (e.g., a student) is not generally allowed to obtain a Social Security number.

In such cases, the individual must apply for an Individual Taxpayer Identification Number (ITIN).

Certain people are issued regardless of immigration status, as resident and non-resident aliens may have a U.S. filing or reporting requirement under the Internal Revenue Code.

Non-resident students applying for an exemption from tax treatment for non-qualified (generally non-student) scholarships they receive must apply for an ITIN.

The tax form necessary for the tax treaty’s benefit requires the taxpayer’s identification number.

Employer Identification Number (EIN).

The Employer Identification Number (EIN), also known as the Federal Employer Identification Number (FEIN) or the Federal Tax Identification Number, is a unique nine-digit number assigned by the Internal Revenue Service (IRS) to business entities operating in the United States for identification. 

When the number is used for identification rather than job tax reporting, it is usually called the Taxpayer Identification Number (TIN).

When used for reporting on employment taxes, it is typically referred to as the EIN.

Difference Between SSN and ITIN

Most newcomers need to know the difference between the Social Security Number (SSN) and the Individual Taxpayer Identification Number (ITIN).

They must work, get social security benefits, apply for bank accounts, file taxes, etc.

You can do all this with a national identification number such as SSN or ITIN.

Many non-residents need clarification about both numbers. The SSN and the ITIN serve the same function.

However, remember that you can’t get them simultaneously, and each number is distributed differently to different individuals.

Although some people use it interchangeably, there is a sharp difference between SSN and ITIN that everyone should know about.

The SSN is for U.S. citizens and non-citizens at the most basic level.

Authorized residents vary from F1 students to Green Card holders, but both types of I.D. require legal permission to work in the U.S. The ITIN is for foreign-status residents.

It includes undocumented and non-resident aliens engaged in business in the U.S. Let’s examine these terms more closely to understand them better.

What is SSN: Social Security Number?

The Social Security Number is issued by the Social Security Administration ( SSA) and is like a personal I.D. for most Americans.

It is given to individuals born in the United States or registered to work there. It is in the nine-digit’ XXX-XXX’ format.

Its primary objective is to monitor individuals through the United States Government’s wide range of services.

The government uses this number to keep track of life earnings and the number of days worked.

Therefore, if you ever need to receive benefits when you retire, the government will use your number to determine your eligibility and calculate your payment.

Regarding the benefits of Social Security Numbers, they are essential identification numbers in the U.S.

By using your SSN, you can:

• Apply for a visa
• Obtain credit and buy a home or a car
• Open a U.S. bank account
• Get a driving license
• Benefit from private insurance

Please remember that you should keep your Social Security Number or any documents containing your SSN in a secure place.

What is ITIN? Is it an individual taxpayer identification number?

The ITIN is an Identification Number for Individual Taxpayers. A nine-digit number allows you to file a tax return on income even if you do not have a Social Security number.

The ITIN is for tax purposes only; therefore, it can’t be used for identification purposes.

It probably means that having an ITIN does not allow you to take advantage of benefits such as Social Security or Earned Income Tax Credit, immigration status, or employment in the United States.

What Can ITIN be used for?

The IRS issues ITINs to help individuals comply with U.S. tax legislation and provide a means to process and account effectively for tax returns and payments for those not eligible for Social Security numbers.

They are issued irrespective of immigration status, as residents and non-residents may have U.S. filing or reporting criteria under the Internal Revenue Service Code. ITINs do not, in any way, serve any purpose other than reporting federal taxes. ITIN can be used

1. To build a credit history.
2. To apply for credit cards, auto loans, and other U.S. bank credits.

Who might need an ITIN? Let’s check below:

• Non-U.S. residents who need to file a tax return
• A resident of United States aliens who are required to file a tax return based on the number of days they
• Reside in the United States
• Dependents or the spouse of a United States citizen or resident alien
• Dependents or spouses of non-resident foreign visa holders

If you live abroad, you can also apply for an ITIN. At theitin.com, you can start your ITIN application process right now!

An ITIN does not:

• Provide eligibility for Social Security benefits
• Authorize work in the U.S.
• Qualify a dependent for some Earned Income Tax Credit Purposes.

The purpose of an ITIN is to quickly help individuals comply with U.S. tax laws and provide a means to efficiently process and account for tax returns and payments for those who are not eligible for Social Security numbers (SSN).

Who must apply for an ITIN?

An ITIN is an identification number issued by the IRS to enable a person to file a tax return. 

The ITIN can be for a primary taxpayer, a spouse, or a dependent.

Only some people are eligible for an ITIN; you must obtain a Social Security number to qualify. 

The IRS may require that you get a denial letter from the Social Security Administration if you have been admitted to the United States under a visa that allows you to work with approval from the Department of Homeland Security.

An ITIN application is often submitted with a valid tax return to support the individual’s need for an ITIN.  

There are some limited exceptions to these criteria. If you earn income, especially in the United States, but do not have or are not qualified for a Social Security Number, Affordable Accounting & Tax Solutions can help you apply for an ITIN and file tax returns.

This is for online business owners who deal with e-commerce and other businesses that work with payment gateways that require ITIN.

Why do you need an ITIN?

• It serves as your identification number for filing federal taxes.
• It allows you to get a refund of your IRS-withheld income if you qualify.
• It will enable you to file taxes and claim dependents that you support in the United States of America. Canada or Mexico.
• You can open a bank account with an ITIN.

How Theitin can help you

The ITIN Application Process makes applying for an ITIN simple. Being a Certified Acceptance Agent allows Theitin to review the necessary documents and forward the IRS’s completed forms.

One of the many advantages of using Theitin’s service is that they can quickly verify your original identity documents in-house, removing the need to submit these original documents to the IRS as part of your application. The ITIN can also coordinate with the IRS and answer any questions.

TheItin Approach

Theitin understands that individuals may find dealing with their tax affairs time-consuming and often stressful. It can be further complicated when their experiences involve expatriate matters such as holding offshore investments, relocating to the U.K., or moving overseas.

Mollaeilaw can help ease that burden and guide you through handling your tax and financial affairs in a cross-border, international environment.

Mollaeilaw can offer a wealth of experience and expertise to ensure that your matters are dealt with accurately, proactively, and are structured in a compliant and tax-efficient manner.

Mollaeilaw offers a proactive, efficient, and comprehensive tax service to individuals. This means that they practically like to call their membership service.

Mollaeilaw believes in providing Its clients with quality advice to help them find the right solution for their tax position and guide them through each stage of our services.

Mollaeilaw has built its business success on long-term relationships with clients. This is due to a culture where the team is driven to perform and operate with the highest integrity and expertise to meet and exceed the client’s expectations.

The team of specialist advisors has a multi-cultural and multi-lingual background and uses its expertise to help our members structure their affairs properly and efficiently.

Mollaeilaw believes in delivering its promises, and the team works hard to achieve this every time they are engaged in providing their services.

They are receptive and responsive to their client’s changing needs, which helps them deliver highly bespoke advice and planning that keeps them updated with various legislation changes.

Mollaeilaw prides Itself on offering a very personal service tailored to the specific needs of its members.

They believe establishing an ongoing relationship is the best way to handle your affairs. This allows them to recognize the issues that affect you and tailor their services appropriately for your circumstances.

In this regard, you will be assigned a specific client relationship manager to ensure that your affairs are handled efficiently and consistently on an ongoing basis.

Do I Need An ITIN?

If the following applies to you, then you need an ITIN.

• You do not have an SSN, and you are not eligible to obtain one, and

You are required to provide a federal tax identification number or file a federal tax return and

You’re in one of the categories below.

• Dependent or spouse of a United States citizen / foreign resident
• U.S. resident alien who is filing a U.S. tax return (based on days present in the United States)
• Dependent or spouse of the non-resident foreign visa holder
• Non-resident alien claiming a tax treaty benefit
• A non-resident who is required to file a U.S. tax return
• Non-resident alien student, professor, or researcher filing a U.S. tax return or claiming an exception

If so, then you must apply for ITIN.     

Is it safe to use an ITIN?

Usually, yes. The IRS has robust privacy protections to ensure that any immigrants who report their income and file their taxes are not at risk of sharing their information. 

Under Section 6103 of the Internal Revenue Service code, the IRS is generally prohibited from disclosing information to taxpayers, including other federal agencies. However, there are exceptions. 

For example, the IRS is required to disclose information to individual U.S. taxpayers. 

Employees of the Treasury Department, when they request it for tax administration purposes or to other federal agencies where it is necessary for a non-tax criminal investigation and the federal court has ordered it to be made available.

Why choose Theitin over doing it yourself?

The IRS requires original documentation to obtain an ITIN. This means sending your passport or another identification document to the IRS office in Austin, Texas, for 1-2 months.

As a Certified Acceptance Agent (CAA), Theitin can verify the authenticity of your documents and submit your application. 

You will have your documents for at most 5-10 minutes.

People who need to be trained to submit the W-7 application for an ITIN often make mistakes, which result in the application being refused.

It may lead to more paperwork over months or result in the loss of certain tax deductions or refunds. 

As a CAA, Theitin is trained to submit a W-7 and give you the most support to get an ITIN from the IRS.

The ITIN Online Simple Process

Mollaeilaw’s online process is as simple as ABC and can be done quickly, anywhere, without hassle or difficulty. All our methods are online, and you can do it from the comfort of your home.

Dedicated Team Ready

The ITIN is made up of a top-notch professional and experienced dedicated team. Its team works around the clock to give its clients the best ITIN services they can expect.

Experienced IRS Certified Agent

At Mollaeilaw, there are many highly experienced and qualified IRS agents. Their agents can take you through your ITIN process with or without your presence. 

All Mollaeilaw agents are well-trained and have a vast knowledge of the ITIN process and all that concerns tax.

%110 Refund Policy

One fantastic thing about Theitin’s service is that you can get a refund if your desire is unmet. 

The Mollaeilaw team guarantees a 110% refund policy, although this has never been experienced. Of all the clients Mollaeilaw has worked with, none have had any reason to complain or ask for a refund.

Over 1000 Satisfied Clients

Mollaeilaw has worked with thousands of clients worldwide over the years, and feedback shows that all these clients are 100 percent satisfied; none of them have any reason to complain or ask for a refund.

What makes Theitin difference:

Whenever the clients reach out, the Theitin team is always ready to discuss their situation extensively and precisely.

PRICE

Mollaeilaw currently has the BEST PRICE on the market. Their price is very affordable, and the good thing about it is that they offer real value at an affordable rate. 

What could be more exciting and inviting than this?

SPEED

Mollaeilaw is one of the FASTEST on the market; they process and submit to the IRS within two days.

Mollaeilaw has a direct relationship with the IRS and is a Certified Acceptance agent; they are authorized and trained by the IRS.

Importance of Theitin

If you don’t in any way have a Social Security Number but need to file taxes in the United States, you’ll need to apply for an ITIN. 

The sole reason for getting an ITIN is tax requirements. The IRS must collect taxes and keep track of taxpayers, regardless of whether they’re originally from the U.S. 

To avoid IRS tax penalties, it would help if you got an ITIN. The ITIN form is easy to fill out at the ITIN W-7 Application website.

Benefits of Having an ITIN

Because you need an ITIN for taxes, you’ll also reap the benefits of being a taxpayer. 

Depending on your employment, you may receive a significant amount of money back from the IRS through a tax refund. 

Obeying the Law By obtaining an ITIN, you show that you’re following the U.S. government’s rules. 

If you earn money in America, you should adhere to all the IRS guidelines. 

You show the government you care about the laws by doing your duty.

What documents and information does one need for the ITIN application?

For ITIN:

• Company Documents(Certificate of Formation or Article of Organization, Statement of Authorized Person)
• EIN Document by IRS(We have this service available if you don’t have)
• Colored Passport Scan
• U.S. Visa Scan (IF ONLY you have one) (colored with a scanner)
• Your Home Address(Including your zip code)

For EIN:

• Colored Passport Scan
• Company Documents(Certificate of Formation or Article of Organization)

How Does the Process Work?

ITIN:

• You submit your documents and relevant information,
• The ITIN will prepare your W7 form and email it to you for your signature
• You sign it according to Theitin instructions and then ship the hard copy to The ITIN U.S. address.
• The ITIN is submitted, and your process starts
• The ITIN delivers your ITIN from the IRS to you via email(If you want hardcopy a fee applies)

How does the EIN process work?

• You submit your documents and information.
• The ITIN does your 1040 and submits it to the IRS
• The ITIN delivers your EIN

What could be easier than the process above?

Then, they go the extra mile to offer you excellent, top-notch service at a very affordable rate.

Get Your ITIN today

If you’ve heard you need an ITIN, you may wonder why your ITIN status is significant. 

This topic can quickly get confusing, so we hope our simple explanation of how ITIN is essential and that everything makes sense to you. 

Be sure to experience the benefits of having an ITIN. Start your application now!

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