Name: Does My LLC Partnership Need a New EIN?
Uploaded: 2021-12-30T15:18:02+00:00
Duration: 5 min 56 s
Description: Every LLC formed in the U.S. should have its own federal employer identification number (EIN), which serves as the entity's taxpayer ID number. Under certain circumstances, the LLC may need to apply f

2 years ago

Every LLC formed in the U.S. should have its own federal employer identification number (EIN), which serves as the entity's taxpayer ID number.

Under certain circumstances, the LLC may need to apply for a new EIN if there is a change to ownership or entity structure, even if the LLC remains the same under state law.

In this video, I cover the circumstances where an LLC taxable as a partnership would need a new EIN after a change in ownership.

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