EIN Responsible Party For A Business Entity

There are 5 comments left for EIN Responsible Party for a Business Entity

Jahongir said: Wednesday, September 14, 2022

Can the Responsible Person be non citizen or non resident of USA?

HBS Staff replied: Monday, September 19, 2022

Hello,

To obtain a Federal Tax ID for U.S. company the Responsible Person can be either a U.S. citizen or Non-U.S. Citizen.

HUMBERTO M said: Wednesday, October 27, 2021

Can you recommend an accountant who speaks Spanish?

HBS Staff replied: Wednesday, October 27, 2021

Hello,

Unfortunately we do not make recommendations. You can find accountants online who specialize in US taxation and filter out accountants who speak Spanish.

inette libolt said: Wednesday, December 11, 2019

When we receive the EIN letter, it invariably is addressed to [Responsible Party's name] Sole Member. This person may be the Manager of the entity, the secretary of the general partner, but is rarely the Member. This causes all kinds of problems when trying to set up partnerships, obtain financing, etc. Any suggestions?

HBS Staff replied: Thursday, December 12, 2019

Thank you for your question. This certainly sounds frustrating. It seems like perhaps the IRS has incorrect information on file or the initial responsible party information was submitted incorrectly. We would recommend contacting the IRS directly at 800-829-4933 for assistance. A tax professional may also be able to assist with this.

Mary said: Wednesday, May 15, 2019

My situation is a little different. I would like to remove myself from a company my husband and I started a few months ago. We would also like to remove him from my company. Should i fill out the 8822-B if we are both listed as a manager on each other's company?

HBS Staff replied: Wednesday, May 15, 2019

Mary - As far as Delaware is concerned, the updating of members/managers is handled within the company's internal records. The 8822-B form would be filed with the IRS if the responsible party information is changing. Typically there is only one responsible party per company.

Trevor said: Saturday, November 24, 2018

If you file 8822-b changing responsible party from person 1 to person 2, does that remove person 1 totally from any obligations or liability ?

HBS Staff replied: Monday, November 26, 2018

Form 8822-B is used to change the company address with the IRS and can be used to change the name of the responsible party as well. Only one person can be listed and can manage the company account with the IRS, but for liability concerns, it would be best to consult with an accountant or a tax specialist.