Level 15
01-14-2025
10:37 AM
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SMLLCs are disregarded for federal tax purposes, with that said, heres the rules on when you need a new EIN
When to get a new EIN | Internal Revenue Service
You don’t need a new EIN if you:
- Change your name or locations
- Report income tax as a branch or division of another entity and you don’t have employees or owe excise tax
- Convert a partnership to an LLC classified as a partnership
- Change your tax election to a corporation or S corporation
- Form a single-member LLC and don’t choose to be taxed as a corporation or S corporation and don’t have employees or owe excise tax
Since they have employees, looks like a new EIN is needed.
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪