Do I Need A New Efin Of I Change My Business Name?

How to Change Your Business Name with the IRS

Tuesday, September 28, 2021

Changing your company name with the IRS

If you have recently changed the proper name of your LLC or corporation, you'll need to know how to execute an IRS business concern name change, also as an EIN name change. It's your responsibility to make sure that everyone knows your company's new name, including the IRS.

Under most circumstances, changing your business name with the IRS will not require a new EIN—though it volition require an EIN name modify. To brand this determination, see IRS Publication 1635 .

Although it's rare, sometimes changes to business names are made right after EINs are issued. If you recently received your EIN and have not fabricated whatever tax filings with the IRS, then send your business proper name change asking to: IRS, Stop 6055, Kansas City, MO 64999

If you've already filed a tax render for the entity, there are two means to notify the IRS of your LLC'southward business name change

When filing a current yr revenue enhancement render, you can alter your business name with the IRS by checking the name change box on the entity'southward respective form:

Corporations – Class 1120, Folio i, Line E, Box 3
S-Corporation – Form 1120S, Page, i, Line H, Box 2
LLC (sole member) – cannot update proper noun by filing return; must apply Option 2.
LLC (multi fellow member) - Grade 1065, Folio ane, Line Thousand, Box 3

If you lot have already filed the return for the current year, you do non have to wait until next year to offset an IRS name change for your LLC or corporation. Changing the name of an LLC or corporation typically requires a Certificate of Subpoena to be filed with the state or country where the concern entity was originally formed.
Deliver a filed copy of this Certificate of Amendment, along with a letter informing the IRS of the business proper noun change, to the address where you filed your return. Corporations must have the letter signed by a corporate officer while LLCs must take the letter signed by a member.

When y'all've informed the IRS, business organization proper noun changes demand to be announced to other companies you practice business organisation with, besides.

It's a practiced idea to brand a list of all the other agencies and companies that you do business with on a regular basis; be sure to include all state and local tax authorities, vendors, suppliers, service companies and banks.

This volition assistance keep y'all organized during the transition and make certain your postal service service is non interrupted. Remember, It'southward your responsibility to make sure anybody is on the same page in this new chapter of your visitor, including the IRS.

Nosotros tin can help you file a Certificate of Subpoena if you would like to modify the proper noun of your LLC or corporation. Call us at i-800-345-CORP if you are thinking about changing your LLC or corporation name.

*Disclaimer*: Harvard Business Services, Inc. is neither a law firm nor an accounting firm and, even in cases where the author is an attorney, or a tax professional, nil in this article constitutes legal or taxation advice. This article provides general commentary on, and assay of, the field of study addressed. We strongly advise that you lot consult an attorney or revenue enhancement professional to receive legal or tax guidance tailored to your specific circumstances. Whatsoever activeness taken or not taken based on this article is at your own take a chance. If an article cites or provides a link to third-political party sources or websites, Harvard Business organisation Services, Inc. is not responsible for and makes no representations regarding such source's content or accuracy. Opinions expressed in this article do not necessarily reverberate those of Harvard Business Services, Inc.

More By Paul Sponaugle

There are fifteen comments left for Change Your Business Name with the IRS

Rashad Alakhras said: Thursday, September 30, 2021

Very good service ?? Fast and easy Recommended

HBS Staff replied: Th, September xxx, 2021

Cheers, Rashad! Please review us on our TrustPilot page as well:https://www.trustpilot.com/review/delawareinc.com

Susan Szewczyk said: Thursday, July 15, 2021

I just read your article about name change with the IRS. So if I fabricated an fault on my ss-iv and want to right it, tin can I do this by simply writing to the IRS and requesting a name change of the EIN? Is there a form for this? We are not the usual entities as you described higher up nosotros are obtaining EINs in connexion with trust administration and probate matters.

HBS Staff replied: Friday, July xvi, 2021

Hi Susan, Give thanks you lot for reading our blog. With regards to this state of affairs it is best to contact the IRS directly. Their number is 1-800-829-4933.

Abbey said: Midweek, April 7, 2021

I have sent the IRS name modify info letter 5x since Oct. Still no 147c. I am in healthcare so insurance companies revalidate annually. My State name does not match IRS and insurance is saying they will accept to stop payment. I have chosen IRS several times. No aid. Mayhap faster to get new EIN and recredential with insurance than wait and take chances losing concern. Thoughts?

HBS Staff replied: Thursday, April 8, 2021

Hello Abbey,

Thank you for reading our blog. We are sorry to hear the troubles y'all are having. Information technology would exist all-time to speak with your Accountant regarding this issue.

Jeff DeSpain said: Thursday, March 25, 2021

I misspelled my new business name how tin I fix it. Who do I need to contact. Thank you

HBS Staff replied: Thursday, April eight, 2021

Hullo Jeff,

Cheers for reading our blog. If this is on the grade that was submitted to the IRS then you will need to attain out direct to the IRS at 1-800-829-4933 for farther assistance.

? ??? said: Fri, February 26, 2021

Hey! I'm at work surfing around your web log from my new iphone! Merely wanted to say I dearest reading through your blog and await forward to all your posts! Carry on the superb work!

HBS Staff replied: Friday, Feb 26, 2021

Cheers for reading our commodity and we appreciate your kind words about our blog. If yous have whatsoever questions we are hither to help.

1 | 2 | 3