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ITIN - Individual Taxpayer Identification Number

Individual Tax Identity Number is abbreviated as ITIN. ITIN is a nine-digit number that is used to file tax returns for resident or non-resident aliens who have no Social Security Number (SSN) in the US.

$ 400.00

What is an ITIN Number?

ITIN or Individual Tax Identification Number for short, is a special privilege given to US residents and business owners who don’t have an SSN. This number will help business owners pay their taxes.
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Why Would I Need an ITIN?

Let’s imagine a scenario where you’re living inside the US and are earning money. Somehow, you didn’t qualify for SSN. ITIN will save you a marathon of hassle and allow you to pay your taxes smoothly. Well, that’s the gist of it. However, Individual Tax Identification Number does more than get taxes in order.
Here’s what you’ll be able to accomplish with an ITIN.

♞ You’ll be able to pay your taxes with ITIN and be eligible for rebates if you qualify.
♞ People will be able to get refunds with ITIN number if they qualify for said tax refund.
♞ Using ITIN, people can apply for a business bank account as well. They can even opt for a loan.

Just so you know, ITIN renewal application is totally free. 

Documents You Need for ITIN Application

You’ll need the following set of documents to get the process started:

♞ First of all, a complete IR7 tax form. You’ll need this accurately filled.
♞ Income Tax Return from the US authorities.
♞ The passport you have and two documents providing foreign company details and your ID.

Here are the possible documents you can use:
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How Can We Help You Get Your ITIN Number?

Want the short answer? Here at Business Globalizer, we have tax professionals at work to help you with your application for an ITIN renewal. You can opt to get any of our tax experts. However, we insist on getting a CAA (Certified Acceptance Agents) who’s good at his/her job.

The person will verify all your papers on-site for you. This will save you the hassle of sending original paperwork to the IRS. Our experts will even submit the necessary papers themselves.

How Long Will It Take for You to Get an ITIN Number?

Once you apply, you’ll need to qualify to get your number. Once you qualify, you’ll receive a letter from the IRS. We give our clients a seven-week timeline to complete the entire process. It depends on how many people are applying tbuo IRS at any given time. IRS takes 9 – 11 weeks when it is at its busiest.
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When Do You Need to Renew ITIN Number and How?

The ideal time for applying to renew ITIN is between January to April. Just make sure to submit a W-7 form with your tax returns. With our CAA’s help, you’ll find the process easy as pie. One can renew his/her ITIN number in 11 weeks or so. Here’s how to go about the process:

You should first gather the necessary documents which proves your identity and your foreign company’s status.
If your family members work as well, the entire family can renew their ITIN number at the same time even if one person’s ITIN expires. 
Just a reminder, you can apply for an ITIN renewal for free with us. We don’t charge you for a fee for renewal like the others. Just get in touch with us, and we’ll handle the rest. 

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