Like people, businesses go through their ups and downs. Moreover, your business structure will change over time. But while the evolution of a company is normal, some business owners get frightened about what changes may entail. For instance, you may need to obtain a new employer identification number as your company grows.
Will I Ever Need to Apply for a New EIN for the Same Business?
At some point, many new business owners find themselves asking the question, Will I ever need to apply for a new EIN for the same business? The answer is yes, but only in certain instances.
As a sole proprietor, you will need to obtain a brand-new employer identification number if:
For corporations, you will need to apply for an EIN if:
Getting a New EIN Application Online
IRS-EIN makes it easy and simple to not only get your new employer identification number within hours, but also to check EIN status at any time. Our safe and secure website allows you to give out your info safely. It will only be used for EIN purposes.
If you have any other questions, be sure to check out our FAQ section to learn more!