The IRS will ask generic questions about the status of the entity and its functions and after 10-15 minutes the EIN number will be provided in a completed Form SS-4 at the end of the session. This is free to obtain for a business entity that is created in any of the 50 States and territories. Like a social security number, it’s nine (9) numbers although is presented in this format: xx-xxxxxxx. This is often referred to as the ‘Social Security Number’ for businesses. This will allow the employer to pay the employee while deducting federal, State, and any local taxes directly from their gross pay. Table of Contentsĭownload: Adobe PDF, MS Word, OpenDocumentĪn employer will need an individual’s personal and banking information to add them to their payroll service. Commonly, an employer requesting authorization will require a voided check to ensure that the account is valid.Īfter completing, an employer will be able to send payments directly to the employee’s bank account. A direct deposit authorization form authorizes a third party, usually an employer for payroll, to send money to a bank account.
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