Change of business entity information such as business name with the Internal Revenue Service:
The following action is taken to update the correct information with the IRS.
Change information for a sole proprietorship business with the IRS: Write a letter to the Internal Revenue Service to notify the changes such as new name and address of the business.
Change information for a profit corporations with the Internal Revenue Service:
- The current business information can be corrected on form 1120 Page 1, Line E, Box 3 while filing business return end of the year.
- The current business information on form 1120-S Page 1, Line H, Box 2 is corrected the end of the year when filing business returns.
- OR Refer IRS publication 1635 for the change of entity information to the Internal Revenue Service.
Change information for the partnership with the Internal Revenue Service: If you are filing a current year Form 1065, mark the appropriate name change box on the form: Page 1, Line G, Box 3.