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IRS Requires EIN Updates : All EIN Information Must Be Updated with IRS

IRS Requires EIN Updates

The IRS has revised the regulations that require all taxpayers with employer identification numbers (EIN) to update their information with the IRS. The new regulations will take effect on Jan. 1, 2014 and apply to all entities or persons possessing an EIN.

EINs are issued by the IRS to basically all businesses, governmental entities and certain individuals for tax filing & reporting. This regulation will allow the IRS to determine the true responsible party for the EIN and prevent unnecessary delays in resolving tax matters.

The IRS has already updated Form SS-4 for new EIN applicants and will publish a form for those with current EINs once the regulations are finalized.

If you have questions about the EIN updating regulations, please contact us.


More EIN Update Information:

TD 9617: Updating of Employer Identification Numbers

Authenticated U.S. Government Information: REG%u2013135491%u201310