Obtaining an ITIN
USAIndiaCFO, an IRS Certified Acceptance Agent (CAA) can help you obtain your ITIN with absolute ease
Venturing into the United States market can be rewarding for many foreign-based businesses, and since U.S. citizenship and residency are not requirements, non-U.S. citizens are free to start or expand in the United States without wading through any more red tape than a U.S.-born small business owner.
If you don’t have a Social Security Number but you need to file taxes in the United States, you’ll need to apply for an ITIN. This is because the IRS needs to collect taxes and keep track of taxpayers, regardless of whether they’re originally from the U.S.
USAIndiaCFO, an IRS Certified Acceptance Agent (CAA) can assist you in obtaining your ITIN. Our company offers professional business filing services that ensure your company documents and applications are accurately filed and in compliance. We have helped start and operate thousands of businesses by offering a range of services, probably you could be the next.
Most frequently Asked questions
An ITIN is issued by the Internal Revenue Service (IRS).The Individual Tax Identification Number, or ITIN, allows taxpayers who don’t have a Social Security Number (SSN) to file income tax returns. Unlike other forms of ID, like the SSN, ITINs only have one purpose—tax filing and reporting. They do not serve as valid identification for any other purpose. Despite this limitation, however, ITIN holders are eligible for the Child Tax Credit and the Additional Child Tax Credit depending on their unique situations.
You must use your ITIN on at least one IRS 1040 US Federal Income Tax Return Form within a three year period or it will expire. If it expires, then your ITIN will no longer be valid under your name and will be open to being reissued to other applicants who qualify and applied for one.
Individual Tax Identification Number (ITIN) is a tax processing number for personal use if you don’t have a Social Security Number (SSN). Employer Identification Number (EIN) is a tax ID number issued by the IRS to identify a business. EIN is necessary to lawfully conduct business in the U.S. and EIN is necessary to open a business bank account.
ITIN processing time varies based on the time of the year. Typically, once we receive your documents and file it with the IRS it typically takes 3 to 4 weeks (sometimes 4 to 6 weeks) to get your ITIN from the IRS.
In order to apply for an ITIN, you must file Form W-7 (Application for IRS Individual Taxpayer Identification Number).
USAIndiaCFO can help you in obtaining your ITIN. This service is included in our Complete Incorporation Service or can be added to the Basic and Standard Incorporation Services. It can also be purchased as a stand-alone service.
Feel Free to Reach Us
- Analyze your eligibility to get an ITIN
- Authenticating your identity as we are a Certified Acceptance Agent of the IRS
- Complete start (addressing your questions) to end (obtaining an ITIN) solution.
- Experience of filing hundreds of successful ITIN applications
- Talk about other US tax related issues for yourself and your business