You do not need to get a new EIN if your business changes address. An EIN number for business is a nine-digit tax ID used to identify legal entities and their tax responsibilities.
EIN is an acronym for Employer Identification Number and generally remains with a business in perpetuity unless the type of business entity changes, the individual or business is subject to bankruptcy, or in the event a corporation receives a new charter from the secretary of state.
Businesses change address all the time; it is not necessary to apply for a new EIN number for business if and when the business moves locations.
Changing Your Business Address
Although you will not need a new business tax ID number, you will need to inform specific agencies about your move.
First, you’ll need to inform the licensing and taxing entities in your respective state. If you move before you file taxes, you can update your address information on your tax return. If you already filed taxes, you can complete Form 8822 to let the Internal Revenue Service (IRS) know your business has changed locations.
How to Get an EIN Number for Business
The fastest and easiest way to get an EIN number for business is to apply for a business tax id number online. Online applications simplify complicated tax forms and help reduce red tape.
Unlike phone or mail application methods, if you apply for a business tax ID online,
You will receive your EIN securely via e-mail on the same business day, unless submitted after 3:00pm PST or on the weekend days, the application will be processed on the next business day. Other application processes can take up to two weeks.
Don’t wait to get your EIN online. This important business tax ID number is used to complete several essential business tasks that can help grow your business.
You started your own business, hired your staff, bought all your merchandise, paid all the bills and followed all the rules, including filing for an employer identification number (EIN). Now, you’re moving and asking yourself: Do I need a new EIN? The answer may surprise you. Read on to find out the answer and why.
Do I Need a New EIN If I Move My Business?
The answer, you’ll be happy to know, is no. If you have applied for and received your EIN previously, and you are simply moving from one location to the other, it is not necessary to file for a new one. However, if you change the makeup or tax status of your business or add or remove partners, you will have to apply for a new tax ID. Check irs-ein-tax-id.com for all of the exact stipulations.
How to Get a New EIN
In case you have forgotten or are in the process of starting your new business, here is a short refresher course on how to get your new EIN. Fortunately, it is quick, simple and takes just three easy steps once you log on to irs-ein-tax-id.com. First, choose the preferred filing status for your business. Then, fill out the application. Finally, submit it. You will receive your new tax ID by email that day, usually within the hour. If you submit your application after 9 p.m., you will receive your EIN the next business day.
Many individuals and business owners’ fear filing their taxes and doing the organizational paperwork to keep their affairs legal and current. However, it’s important to emphasize that irs-ein-tax-id.com was created precisely to make such transactions painless and reassuring. So why do your business anywhere else?