Press Releases: Government to Business
July 27, 2005
NYS First in Nation to Partner with IRS in Providing Employer ID Numbers Online
New York State Governor’s Office of Regulatory Reform (GORR) Acting Director David S. Bradley and IRS Commissioner Mark W. Everson today announced that New York State is the first state in the nation to partner with the Internal Revenue Service to make Federal Employer Identification Number (FEIN) registration available online.
By visiting WWW.NYS-PERMITS.ORG , the largest, most comprehensive permit database on the Internet, business owners and startups can instantly register for a Federal Employer Identification Number (FEIN), a process that previously took several days.
“We are proud to have assisted in the continuing development and improvement of this powerful business tool,” says Governor’s Office of Regulatory Reform (GORR) Acting Director David S. Bradley, “This partnership builds upon Governor Pataki’s commitment to attracting new businesses and jobs, using tax cuts, reductions in burdensome regulations, and now our enhanced Permit Assistance program to continue improving the business climate in New York State.” GORR played a key role in developing and launching www.nys-permits.org , hosting the database on its servers, and now adding FEIN numbers to the equation.
A Federal Employer Identification Number (FEIN), also known as a Federal Tax Identification Number, is a number the IRS assigns to business entities. The IRS uses the FEIN to identify taxpayers required to file various business tax returns. FEINs are required for employers, sole proprietors, corporations, partnerships, non-profit organizations, trusts and estates, government agencies, certain individuals and other business entities.
“We are happy to work with New York State to make EINs available to taxpayers on an immediate and permanent basis,” IRS Commissioner Mark W. Everson said. “This cuts time out of the process and reduces burden.”
In the last federal fiscal year, the IRS issued 4,529,017 FEINS, including 1,685,111 through www.irs.gov.
New York is the first state to integrate online business registration and the FEIN application. The New York State Governor’s Office of Regulatory Reform (GORR) collaborated on the project with the Internal Revenue Service (IRS).
Using the online tool, business owners can apply for a Federal Employee Identification Number (FEIN), a process that formerly required more than 90 minutes to fill out the forms and additional time for processing. The online application takes only minutes to complete, and the FEIN is assigned immediately.
The Governor’s Office of Regulatory Reform has long been a major player in the world of assisting businesses with their permitting needs. The GORR Permits Team receives over 75,000 phone calls each year regarding the over 1,300 business permits New York State issues. Users may search for permits not only by state agency, but also are presented with information on permits needed for particular industry types, and apply for a growing number of permits online.