Can I change my business name without changing my EIN?

Generally, businesses need a new EIN when their ownership or structure has changed. Although changing the name of your business does not require you to obtain a new EIN, you may wish to visit the Business Name Change page to find out what actions are required if you change the name of your business.

Does EIN name have to match business name?

When you file a tax return, the EIN doesn’t have to exactly match the full legal name of the entity. The EIN only has to match the “name control” for the company. The name control assigned to a company is normally the first four characters of the name.

Can an S Corp change its name?

If you own a corporation, (including an S corporation) you can change your name when you file your tax return (on Form 1120), or you can write to the IRS at the address where you mailed your tax return. A corporate officer must sign the notice.

Can you transfer an EIN to a new business?

To transfer EIN to new owner isn’t possible. EINs, or Employer Identification Numbers, are not transferable from one business owner to another. There are circumstances in which a business owner may need a new EIN, however.

Do I need a new EIN If I convert from a corporation to an LLC?

For LLC’s converting to Corporations, you must obtain a new EIN if after the conversion you become a subsidiary of a corporation, or if a new corporation is formed due to a merger.

How do I change the name associated with my EIN?

If the EIN was recently assigned and filing liability has yet to be determined, send Business Name Change requests to the IRS address where you file your return. In some situations a name change may require a new Employer Identification Number (EIN) or a final return.

How do I change the name of my business?

7 Steps to Changing Your Business Name

1. Research the new name. Start by checking the U.S. Patent and Trademark Office.
2. Notify your secretary of state.
3. Change licenses and permits.
4. Notify the IRS.
5. Apply for a new EIN.
6. Update your business documents.
7. Communicate with your customers.

Can I change my business type?

In most cases, you can change your business type. Consult your state and a small business lawyer to find out if you can change your business structure from the one you have to the one you want.

Can you use one EIN for multiple businesses?

The simple answer to the question of how many EINs you are allowed is as many as the number of business entities you have. A single business or entity can have only one, although there are situations where you will need to apply for a new one due to changes to your business.

Can I use the same EIN for another business?

Generally, businesses need a new EIN when their ownership or structure has changed. It is not possible to use the same EIN for different Entity types or for businesses that are not related. Because these types of businesses fall under different tax rules, they require separate EINs.