What is a 147c letter?
A 147c letter, also known as an EIN Verification Letter, is an official document issued by the IRS to confirm a business’s Employer Identification Number (EIN). Businesses often need this letter for tax filings, banking, payroll setup, and compliance requirements.
If you’re using Homebase payroll, having the correct EIN on file ensures smooth payroll tax filings and compliance. Since the 147c letter isn’t available online, you must request it directly from the IRS.
Why would a business need a 147c letter?
You may need to request a 147c letter if:
- The original EIN Confirmation Letter (CP 575) was lost or misplaced.
- A bank or lender requires EIN verification to open a business account.
- A payroll provider needs EIN confirmation to process tax filings.
- The IRS requests verification due to discrepancies in tax records.
Keeping your EIN information current helps prevent payroll processing, banking, and tax reporting delays.
Requesting a 147c letter from the IRS
Since 147c letters aren’t available online, you must call the IRS Business & Specialty Tax Line at 1-800-829-4933. Follow these steps:
- Call the IRS – Available Monday through Friday, 7 AM to 7 PM (local time).
- Verify your identity – The IRS will ask for your name, business details, and EIN-related information.
- Request a copy – Ask the IRS representative to send a 147c Letter as proof of your EIN.
- Choose a delivery method – The IRS can fax the letter immediately or mail it to your business address. Faxing is the fastest option.
How long does it take to receive a 147c letter?
- Fax delivery: Immediate (best for urgent requests).
- Mail delivery: Typically 7-14 business days.
Why EIN accuracy matters for payroll and tax reporting
If your EIN is incorrect or missing, it can cause issues such as:
- Payroll tax filing rejections from the IRS
- Delays in setting up business bank accounts and payment processing
- Compliance risks that could lead to penalties
To avoid these problems, Homebase payroll ensures that EINs are correctly recorded and automates payroll tax filings—helping businesses stay compliant without the hassle.
How Homebase helps with EIN verification and payroll compliance
Managing EIN verification and tax compliance can be time-consuming, but Homebase payroll makes it easier by:
- Ensuring your EIN is accurately recorded to prevent payroll issues
- Automating payroll tax filings to avoid IRS errors
- Keeping business tax records organized and accessible
- Providing support for EIN-related payroll issues when you need it
Related articles
- How To Do Payroll for a Small Business in 9 Steps
- Run Payroll: Successfully Run Payroll in 6 Steps
- New employee forms for your onboarding process