Get Rts1s R

Filling out the RTS1S R form is essential for individuals who acquire or lease an existing business. This guide provides step-by-step instructions to ensure users can complete the form accurately and confidently.

Follow the steps to fill out the RTS1S R form online.

1. Use the 'Get Form' button to obtain the RTS1S R form and open it in your preferred editor.
2. Begin by filling out the previous owner information. Include the legal name, trade name, address, RT Account No., FEIN, telephone number, and specify if the business was operating at the time of acquisition. If not, indicate the date it closed.
3. Next, enter the current owner's name, trade name, address, RT Account No., FEIN, and telephone number. Also, provide information on the principal product or service the business offers.
4. Indicate if there was any common ownership, management, or control between the two entities at the time of purchase or change with a 'Yes' or 'No' response.
5. Describe the nature of the acquisition or change of business entity by checking the appropriate boxes, such as purchase of business (entire or part), lease of business, or change in type of business.
6. Complete the date of acquisition and specify whether you acquired all or part of the business. If partial, fill out the relevant sections indicating the acquisition details.
7. If a total or partial succession is indicated, provide any necessary additional documentation as instructed on the form, including signatures and printed names of both the successor and predecessor employers.
8. Finally, review all entries for accuracy, ensure all required fields are completed, and save your changes. You can then download, print, or share the filled form as necessary.

Complete your RTS1S R form online today to ensure a smooth business transition.