Will I ever need to apply for a new EIN for the same business?

As times goes by, it is only normal for your business to experience changes. You may need to change its name, address, or even its structure. As your company changes over time, you may wonder if you need to apply for a new EIN. Here are some guidelines for when you’ll need to apply for a new tax ID number for your business.

When Do I Need a New EIN?

The circumstances that require you to get a new tax ID depend on your entity type.

  • Sole proprietorships: If you incorporate, become a partnership, or go through a bankruptcy proceeding.
  • Corporations: If you switch to a partnership or sole proprietorship, a new corporation is created by a merger, or get a new charter from your secretary of state.
  • LLCs: If you create a new LLC with multiple members, you opt to file taxes as a corporation as a single-member LLC, or pay employment or excise taxes.
  • Partnerships: If you incorporate or the partnership is taken over by a single partner and runs it as a sole proprietor.
  • Trusts: If the trustee changes or the grantor gets a new name or address.
  • Estates: If a trust forms from estate funds or you run an estate as a business after the owner passes away.

As you can tell, not all business changes require you to get a new EIN. Generally, you won’t need to get another EIN if you’re only changing the name or address of your company.

How to Get a New EIN Number

If you find out you’re required to get a new EIN, don’t worry! You can easily submit an SS4 form online via GovDocFiling to get a new one. The process takes a matter of minutes and you’ll get your new EIN delivered to your email quickly. To get a new EIN because of business changes, apply for an EIN online today.