Reactivate Your EIN Number: A Step-by-Step Guide

How do I reactivate my EIN number?
Check with the Internal Revenue Service (IRS) to update and activate your old Employer Identification Number (EIN) by calling 800-829-4933. Even after a company is dissolved, the EIN remains assigned to the original entity, just as a Social Security number is still the number assigned to a deceased individual.

If you own a business, you are aware of the significance of your EIN number. It serves as your company’s equivalent of a social security number and is needed to open bank accounts, file taxes, and conduct other crucial business operations. But what occurs if your EIN number expires? Can you turn it back on? We’ll go over how to reactivate your EIN number in this article and address some associated queries. Can an Inactive Business Name Be Used in Florida?

It’s not a given that your business name will also be inactive if your EIN number does. If there isn’t already an existing business using the name, you can continue to use it in Florida. If your company was dissolved or there was a change in ownership, you might want to think about obtaining a new EIN number.

Can a Dissolved Company Be Resurrected?

In Florida, it is possible to resurrect a disbanded firm. An application for reinstatement must be submitted to the Division of Corporations, together with the required payments. Your business will be reactivated after your application is accepted, and you can carry on doing business. However, if your company was dissolved and your EIN number was rendered inactive, you will need to file for a new EIN number.

How Can an LLC Be Dissolved in Florida?

In Florida, you must file articles of dissolution with the Division of Corporations if you want to dissolve your LLC. This can be done by mail or online. Your LLC will be dissolved and your EIN number will expire after your articles of dissolution have been completed. You must adhere to the procedures for reviving a dissolved corporation if you ever want to reestablish your LLC. Can an EIN be reinstated?

You can get your EIN number back, yes. You must accomplish this by getting in touch with the IRS and giving them the details they require to revive your EIN number. This can entail completing a fresh application, supplying evidence of your company’s legal framework, and paying any necessary fees. You can continue using your EIN number for business purposes once it has been reactivated.

In conclusion, it’s not the end of the world if your EIN number expires. If your company name isn’t already being used by another active firm, you can still use it. If necessary, you can also dissolve an LLC or bring a disbanded company back to life. You can also reestablish your EIN number if you choose. Simply be ready to submit the required information and make any necessary payments.

FAQ
Do I need to renew my LLC Every year in Florida?

Yes, an annual report must be filed with the Florida Department of State’s Division of Corporations by LLCs. To keep an active status, the report and filing fee must be submitted by May 1 every year. The LLC’s status could be revoked or administratively dissolved if the yearly report is not submitted.

Subsequently, what is reinstatement policy?

The process of reactivating a previously canceled or revoked status of a legal body or firm is referred to as reinstatement policy. Reinstatement refers to reactivating a previously assigned EIN (Employer Identification Number) that was deactivated for inactivity or another reason. The reinstatement policy details the procedures to follow and conditions that must be satisfied in order to effectively reactivate the EIN number.

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