What Is a CP 575 Letter?

A CP 575 EIN Confirmation Letter is a document provided by the Internal Revenue Service (IRS) that certifies the Employer Identification Number (EIN) issued to a new business. This number is essential for tax purposes, similar to how an individual’s Social Security number is used to identify them. The CP 575 Letter contains the EIN of the new business owner and information about the tax forms they might be required to file for their business.

How do I obtain a CP 575 Letter?

To obtain a CP 575 Letter, businesses must apply for an EIN using IRS Form SS-4, and once the application is approved, the IRS sends the CP 575 Letter to the address listed on the form. A CP 575 Letter is necessary to file taxes and open a business bank account or get a payroll processing, credit card, or loan for your business. It can’t be replaced once lost, but requesting the IRS for EIN Verification Letter 147C would suffice.