Effective January 1, 2014, U.S. Internal Revenue Service (IRS) Treasury Decision 9617 (T.D. 9617) required that “any person assigned an employer identification number” must “provide updated information to the IRS”. This means, if the person identified as the “responsible party”
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Applying for an Employer Identification Number (EIN)
The rules for obtaining your EIN by phone have changed. As of January 2014 the IRS will no longer accept requests for EIN’s via telephone. If you do call they will refer you to the online application, which does act
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Beneficial Ownership Legislation Proposal
In March 2014 the White House announced a legislative proposal to help law enforcement investigate the use of shell companies that are set up to engage in illegal activity. The President’s proposal would require all companies formed in any state
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