How to Secure a New EIN After the Business Owner's Death
Visit the IRS website.. Complete the online application.. Print your confirmation notice.
Steps
1
Visit the IRS website.
Visit the IRS website.
2
Complete the online application.
Complete the online application.
3
Print your confirmation notice.
Print your confirmation notice.
4
Review the will.
Review the will.
5
Inventory business assets.
Inventory business assets.
6
Dissolve the business with state and local government agencies.
Dissolve the business with state and local government agencies.
7
Cancel any permits and licenses.
Cancel any permits and licenses.
8
Abandon any fictitious business names.
Abandon any fictitious business names.
9
Use the new EIN to set up a bank account for the business.
Use the new EIN to set up a bank account for the business.
10
Notify business creditors.
Notify business creditors.
11
Terminate leases and contracts.
Terminate leases and contracts.
12
Sell business assets as necessary.
Sell business assets as necessary.
13
Make payments to creditors.
Make payments to creditors.
14
File final income tax returns for the deceased person.
File final income tax returns for the deceased person.
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