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Cancelling an EIN?

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Cancelling an EIN?

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Here is the answer from the IRS website: www.irs.go Canceling an EIN – Closing Your Account Once an EIN has been assigned to a business entity, it becomes the permanent Federal taxpayer identification number for that entity. Regardless of whether the EIN is ever used to file Federal tax returns, the EIN is never reused or reassigned to another business entity. The IRS cannot cancel your EIN. However, if you receive an EIN but later determine you do not need the number (the new business never started up, for example), the IRS can close your business account. The EIN will still belong to the business entity and can be used at a later date, should the need arise. To close your business account, write to us at: Internal Revenue Service, Cincinnati, Ohio 45999 and state the reason you wish to close your account. If you have a copy of the EIN Assignment Notice that was issued when your EIN was assigned, include that when you write. Otherwise, be sure to include the complete legal name of the

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Your EIN stays with you. Keep it somewhere to use if you open another business in the future. Note: this answer assumes you are a sole proprietor. If you started a corporation, you will need to dissolve the corp according to your state laws.

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You don’t cancel your EIN, you just don’t do anything with it.

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