If you’ve ever wondered, what happens to old EIN numbers, you might be surprised to learn that they still exist, even after a business closes, or in the event the business never fully got started.
The IRS doesn’t cancel or get rid of old EIN numbers. On the contrary, these nine-digit numbers, which have been assigned to a business or legal entity, become permanent federal tax ID numbers for the entity, even if the business ceases to exist.
Even if the EIN was never formally used to open a bank account or file income taxes, the EIN can never be used for another business, nor may the EIN be reassigned.
Business owners know the importance of their EIN, or Employer Identification Number. This is a nine digit number assigned to businesses which is used for filing tax forms and applying for company bank accounts.IRS EIN Tax ID Filing Service makes it easy to understand everything you need to know about how EINs work, how to apply for one, large corporation tax ID numbers, and the difference between C Corp and S Corp tax ID number.
You may be wondering what happens to old Employer Identification Numbers which were assigned to businesses which are no longer operational. In reality, EINs are never discarded. When you apply for an EIN, it becomes a part of the IRS’ permanent records and it will never be removed, even if the business ceases to exist. This is true even for businesses which never used their EIN a single time. While it is impossible to discard your business’ EIN, it is possible to notify the IRS that the EIN is no longer active. To do this, you must send a letter to the IRS including the full name of the business, the EIN, the business address, and the reason for the account closure. This letter can be faxed to (855) 214-7520 or sent to:
Internal Revenue Service
Attn: EO Entity
Mail Stop 6273
Ogden, UT 84201
Turn to IRS EIN Tax ID Filing Service for help with any government process, from getting multiple EIN number for corporations, separate EIN number for businesses, corporation tax ID number, and more. Our system guides you step by step through any official government process, explaining everything you need to know. Additionally, IRS EIN Tax ID Filing Service has a dedicated support team which is available 24 hours a day and seven days a week. No matter what questions you have, they are available to answer them. After all, government processes can be difficult and confusing. IRS EIN Tax ID Filing Service is here to make them more accessible.
Even though you can’t cancel an EIN, you may choose to notify the IRS that your business account is no longer needed.
To do this, you must send the IRS a letter including the full name of the entity, the associated EIN, the business address, and the reason you need to close the account. You can also send a copy of the EIN assignment notice that was issued to you when you first received the EIN.
Because what happens to old EIN numbers does not allow you to reuse them, in the event you need a new EIN, the fastest and easiest way is to apply for an EIN online.
Our online application process will reduce frustration and expedite service so you can start using your EIN faster than other application methods. Plus, you can check your EIN number online anytime in case you ever lose or misplace this important tax ID.