Contents
What Is a CP-575 Letter?
Form CP-575 is an IRS notice confirming that you have been granted an EIN (Employer Identification Number). The EIN is sometimes also referred to as FEIN, or Federal Employer Identification Number. The CP-575 letter includes important tax information about your business including your:
EIN, a nine-digit number used for filing your federal payroll taxes
Business name
Business’s official filing address
Federal tax forms your company is required to file (such as the 1120s)
Why do I need a CP-575 letter?
Form CP-575 is an important document because it serves as proof of all the things listed above. You’ll often need it to open business bank accounts, get payroll set up with your payroll provider, and communicate with certain government agencies. So once you’ve got it, be sure to keep it in a safe place. We keep a copy for you in your Collective dashboard.
What if I can’t find my CP-575 Letter? The 147-C Letter!
Don’t panic. While the IRS won’t issue a new one, you can request the CP-575’s twin sister, the EIN verification letter known as a LTR 147-C. You can use this new form as alternative proof of your businesses’ filing address, name, and EIN. You can ask for the 147-C to be mailed to you, but this will take 10-14 business days to receive the copy in the mail. Alternatively, you can ask for the 147-C to be faxed, so that you will receive the copy right away. If you do not have a fax number, you can have the form faxed directly to Collective, our fax number is +1 650-275-4240 (it is a private and secure fax line).
Call 1-800-829-4933 (the “business and specialty tax line”).
Press option 1 for English.
Press option 1 for Employer Identification Numbers.
Press option 3 for “If you already have an EIN, but you can’t remember it, etc.”
Tell the IRS agent that you have an LLC and need an EIN Verification Letter (147C).
The IRS agent will ask a few security questions to confirm you own your LLC.
Tell the IRS agent whether you’d like to receive the 147C Letter by fax.
Tip: The IRS agent will ask, “Do you have a private and secure fax next to you?” If using a digital/online fax, say "yes".
Example CP 575 Letter:
Example Letter 147C:
