IRS Form 8822-B walkthrough (Change of Address or Responsible Party - Business) 

You *may* need to complete Form SS-4 (see links below), based on your situation. This IRS page gives further guidance based upon the nuances of your situation: www.irs.gov/businesses/small-businesses-self-employed/do-you-need-a-new-ein IRS Form SS-4, Application for Employer Identification Number Article: www.teachmepersonalfinance.com/form-ss-4-instructions/ Video: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-eILewlSy9OU.html

You can check your tax transcript on the IRS website, if you've set up an account, which would be tied to your EIN: www.irs.gov/individuals/get-transcript If you don't want an account, you can request a copy of your tax transcript by filing IRS Form 4506-T (see links below on the form and how to complete it). IRS Form 4506-T, Request for Transcript of Tax Return Article: www.teachmepersonalfinance.com/irs-form-4506-t-instructions/ Video: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-szu6_cH5QpY.html

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If the only purpose of completing this form is to change your business name, I don't believe you need to complete this form. If you're completing this form to update the address or responsible party, then I believe your new business name would be appropriate. However, I'm not positive, since there isn't really any clear guidance on this question. You may want to contact the IRS to be sure.

If there isn't an identifying number for that person, then you may need to leave that field blank. There are limited opportunities to use an EIN. However, I would advise calling the IRS for additional advice for this change of responsible party notification, since notifying the IRS within 60 days of change of responsible party is a requirement.

I'm sorry that I didn't see this earlier. You should be able to check both boxes 1 and 3. If you have legitimate home office expenses, you might be able to claim a home office deduction, but it will be tough. According to the IRS, your home office must be the primary place of business, which you're indicating that it's not. But if you are using a virtual office address (as many businesses do), then you should be able to justify it when audited. At the end of the day, it seems that you have a decent understanding of the impact caused by your filing Form 8822-B. As long as you feel like you can walk an auditor through your process, and if you believe that your auditor would still credit you with your home office use, then I don't see a problem with you doing this. You should update your name to your married name, as this should be irrelevant.

You can check your tax transcript on the IRS website, if you've set up an account, which would be tied to your EIN: www.irs.gov/individuals/get-transcript If you don't want an account, you can request a copy of your tax transcript by filing IRS Form 4506-T (see links below on the form and how to complete it). IRS Form 4506-T, Request for Transcript of Tax Return Article: www.teachmepersonalfinance.com/irs-form-4506-t-instructions/ Video: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-szu6_cH5QpY.html

If it were me, I would enter my current address in at least one of the fields. Some people have reported to me that they've entered their address in all fields, and some have reported only 1 field. But I would indicate an address somewhere on the form.

It should not matter which address you mailed your form from, as long as the fields are properly completed on the form itself.

Updating the change of responsibility should be sufficient for the IRS to recognize that your father is no longer the business owner. However, you may want to check with your state's business office (i.e. Florida's Division of Corporations, also known as Sunbiz) to see if there are any additional requirements for reporting ownership change.

In your situation, you might be better off calling the IRS, validating your information, and changing your address over the phone. There's more detail on the IRS website: www.irs.gov/taxtopics/tc157

You can change your address of record at your local IRS office. Most offices require you to make an advance appointment, but if you are able to avoid a long wait, this might be a preferable option for you.

You would need to check the appropriate box, since your change of business address will impact at least *one* of your tax returns (such as a business income tax return, whether filed on Schedule C, Form 1120-S (S-corporation), or Form 1065 (partnership).

Call them

It doesn't seem that you would need a new EIN simply because you changed your business' direction from e-commerce to real estate. The IRS has a page that can help you navigate this for yourself, depending on your circumstances: www.irs.gov/businesses/small-businesses-self-employed/do-you-need-a-new-ein

The title is defined by you. So if your wife is a consultant, that’s probably fine.

As I see it, your client would need to sign, unless they grant you permission with a power of attorney form (i.e. IRS Form 2848). According to the form instructions: If you are a representative signing on behalf of the taxpayer, you must attach to Form 8822-B a copy of your power of attorney. To do this, you can use Form 2848. The Internal Revenue Service will not complete an address or responsible party change from an “unauthorized” third party. Below is more information about the power of attorney form. IRS Form 2848, Power of Attorney and Declaration of Representative Article: www.teachmepersonalfinance.com/irs-form-2848-instructions/ Video: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-VOeWSHKXr1g.html

@@teachmepersonalfinance2169 got it, thank you so much!