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Ounsel (Income Tax and Accounting) CC;:DOM: IT&A subject a Authority to Deny Employer Identification Numbers This is in response to your request for assistance regarding the Service's authority to deny employer identification numbers (EINs) to certain taxpayers. DISCLOSURE STATEMENT OD1... .p.oifio.11y aark.4 "&000wl.49.4 SigDifio.Dt &4vio., xay Di iD.t.4" U ov., tlli. oraD4ua i. Il2l to 1 . oircu1.t.eI or eli....iD.t.4 ezo.pt proviel.eI iD p.r.gr.pb V.B.' 'of .otio. 8(.

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The "responsible party" is the individual or entity that controls, manages, or directs the entity and the disposition of the entity's funds and assets, unlike a nominee, who is given little or no authority over the entity's assets.

One of the most popular reasons the IRS might deny your EIN application is because the name of your company is not distinguishable from one or more companies already in existence.

For trusts, the responsible party is a grantor, owner, or trustor. For decedent estates, the responsible party is the executor, administrator, personal representative, or other fiduciary.

Every EIN application requires that a person who is a principal officer, general partner, grantor, owner, or trustor be designated as the primary point of contact and responsible for receiving correspondence from the IRS related to the entity. This person is called the “responsible party” by the IRS.

Use Form SS-4 to apply for an EIN. An EIN is a 9-digit number (for example, 12-3456789) assigned to sole proprietors, corporations, partnerships, estates, trusts, and other entities for tax filing and reporting purposes. The information you provide on this form will establish your business tax account.

– If the Grantor is alive, they can be a Responsible Party for the company. If there are multiple Grantors, you can select any one of them. – In the event of the Grantor(s) being passed away, the Trustee (or the Successor) can assume the role of a Responsible Party.

When a person passes away and an estate is opened to handle the distribution of the person's assets and other legal matters, the first thing those handling the estate should do is obtain an Employer Identification Number (EIN) to identify the estate to the Internal Revenue Service (IRS).

When the assets are distributed or liquidated without paying the tax owed, the IRS can step in and recover the taxes from the personal assets of the executor.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Content Takedown Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232