Can Our Student Chapter Use SHRM's Tax ID Number?
Therefore, each chapter must apply for its own employer identification number (EIN), also referred to as a federal tax ID number. This nine-digit number is used for filing income and payroll tax returns. Most banks and financial institutions require this number to set up accounts for your chapter.
File Form SS-4, Application for Employer Identification Number, to apply for a number if you have not obtained one. Form SS-4 can be obtained from your local IRS office, library or CPA. Many IRS forms are available on the IRS web site at www.irs.gov/forms_pubs/index.html.
The IRS will provide written confirmation of the EIN. Your chapter should file the letter with your chapter’s permanent records.
Note that having a tax identification number does not mean the chapter is exempt from paying income taxes. You must apply for recognition of tax exemption separately from applying for a tax identification number.
For further information, please refer to SHRM's Guide to Chapter Financial Management.
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