If you are a sole proprietor and want to rename your Limited Liability Company (LLC), you must notify the Internal Revenue Service (IRS). This is important since it will guarantee that the new name appears on all of your tax returns and other legal documents. The following step-by-step instructions will enable you update your LLC’s name with the IRS. First, see if the name you choose for your new LLC is available. Although you are free to choose any name for your LLC, it must not be already be used by a company in your state. The official website of Pennsylvania allows you to look up available LLC names. You will need to choose an alternative name if the first choice is not available. 2. You must change your Articles of Organization with the Pennsylvania Department of State after choosing a new name for your LLC. You must submit Form DSCB:15-8915/8998, which asks for the previous and current names of your LLC as well as other pertinent information. In addition, there is a $70 filing fee for the form.
3. You must notify the IRS of the name change after revising your articles of incorporation. Form 8822-B, the Change of Address or Responsible Party – Business form, can be used to do this. Use this form to notify the IRS of any changes to the name, address, or responsible party for your company. The form will ask for your LLC’s EIN (Employer Identification Number), previous name, and new name. 4. The IRS will change its records to reflect your new LLC name after it receives your Form 8822-B. Within four to six weeks, you should get a confirmation letter from the IRS.
You can indeed change your company name while maintaining the same EIN. However, you must file Form 8822-B with the IRS to notify them of the name change. This will guarantee that the IRS has updated information regarding the new name of your company.
On the state’s official website, you may see if Pennsylvania has already registered your LLC name. You will have to choose an alternative name for your LLC if the first option is not available.
You can get assistance from ZenBusiness, a trustworthy LLC formation provider, with all parts of creating an LLC, such as locating available names, submitting articles of organization, obtaining an EIN, and more. Many users of ZenBusiness have found it to be a dependable and effective service and have had excellent experiences with it.
According to Pennsylvania’s LLC statutes, there are specific steps you must take in order to get rid of a partner from an LLC. Typically, in order to fire a partner, you must get the other LLC members’ approval and sign a written agreement. To reflect the membership change, you might also need to revise your Articles of Organization with the Pennsylvania Department of State. It is advised that you speak with a lawyer before making any decisions regarding the expulsion of a partner from your LLC.
You must get in touch with the IRS if you want to modify the name on your EIN number. Call the Business & Specialty Tax Line at 800-829-4933 to do this. Your EIN number and the new name of your single member LLC must be given to them. The IRS will then make the necessary updates to their records. It’s crucial to remember that you might also need to inform business partners and other government organizations of changes to your company name.