Moving your business can be an exciting time, but it also comes with a lot of administrative tasks. One of the most critical is notifying the Internal Revenue Service (IRS) about your new business address. Failing to do so can lead to missed correspondence, delayed refunds, or even penalties. So, let's dive into a comprehensive, step-by-step guide on how to change your business address with the IRS!
Are You Ready to Make the Change? Let's Get Started!
Before you begin the process, it's crucial to understand why updating your address with the IRS is so important. The IRS uses your "last known address" for all official correspondence, including important notices, tax forms, and refund checks. If they send something to your old address and you don't receive it, it's still considered legally effective. This means you could miss critical deadlines or information, leading to unnecessary stress and potential financial repercussions. So, let's make sure that doesn't happen to your business!
How Do I Change My Business Address With The Irs |
Step 1: Determine the Best Method for Your Business
The IRS offers a few ways to update your business address, but for most businesses, Form 8822-B, Change of Address or Responsible Party — Business, is the most reliable and recommended method. While you can sometimes update your address by simply putting the new address on your next tax return, or even by calling the IRS, using Form 8822-B creates a clear paper trail and helps ensure the change is processed efficiently.
Sub-heading: Why Form 8822-B is Your Best Bet
- Official Record: Submitting Form 8822-B provides a formal, documented request to change your address, creating a clear record of your notification.
- Comprehensive Update: This form is specifically designed for businesses and allows you to update your mailing address, business location, and even the identity of your responsible party (if that has also changed).
- Reduces Errors: Relying solely on a new address on a tax return can sometimes be overlooked or cause confusion, especially if the return is processed before your address change is fully reflected in the system. Form 8822-B directly addresses the address change.
Step 2: Obtain the Correct Form 8822-B
Now that you know which form to use, the next step is to get your hands on it!
Sub-heading: Downloading Form 8822-B
- Visit the official IRS website: Go to www.irs.gov and search for "Form 8822-B."
- Download the latest revision: The IRS frequently updates its forms, so always ensure you are downloading the most current version available. This prevents issues with outdated instructions or fields.
Step 3: Gather Necessary Information for Form 8822-B
Before you start filling out the form, have all your business's essential information readily available. This will make the process much smoother and reduce the chances of errors.
QuickTip: Don’t rush through examples.
Sub-heading: Key Information You'll Need:
- Your Business's Legal Name: This should be the full, legal name as it is registered with the IRS.
- Employer Identification Number (EIN): Your business's unique nine-digit tax identification number.
- Old Mailing Address: The address currently on file with the IRS.
- New Mailing Address: Your new business mailing address. Be sure to include any apartment, room, or suite number. If you use a P.O. box, enter the box number only if your post office doesn't deliver to your street address.
- New Business Location (if different from mailing address): If your physical business location has changed, even if your mailing address remains the same (e.g., you're using a P.O. box), you'll need to provide this.
- Type of Return(s) Affected: The form will ask you to check boxes for the types of business returns your address change affects (e.g., employment, excise, income, etc., like Forms 720, 940, 941, 990, 1041, 1065, 1120). Check all that apply to your business.
- Responsible Party Information (if applicable): If the responsible party for your business has changed (the individual who has a level of control over the business's funds and assets), you'll need their name and SSN, ITIN, or EIN. This change must be reported within 60 days.
Step 4: Accurately Complete Form 8822-B
Take your time and fill out the form carefully. Accuracy is key to avoiding delays.
Sub-heading: Section-by-Section Guidance:
- Header: At the top of the form, you'll see a section for basic information.
- Check the box if you are a tax-exempt organization.
- Check all the boxes that indicate which types of returns this address change affects.
- Line 4a: Business Name: Enter your complete business name. Do not use this form to change your business name; that's a separate process.
- Line 4b: Employer Identification Number (EIN): Enter your business's EIN.
- Line 5: Old Mailing Address: Provide the complete mailing address that the IRS currently has on file for your business.
- Line 6: New Mailing Address: Enter your new, complete mailing address. Ensure it's exactly where you want to receive IRS correspondence.
- Line 7: New Business Location (if applicable): If your physical business location is different from your mailing address, enter it here. If it's the same as your new mailing address, you might leave this blank, but it's often a good idea to fill it in if your physical location has genuinely changed.
- Lines 8 & 9 (Responsible Party Information): If the responsible party has changed, fill in their new name and SSN, ITIN, or EIN.
- Line 10: Signature: This is crucial! The form must be signed by an authorized individual.
- For corporations, this is typically an officer (president, vice president, treasurer, chief accounting officer, etc.).
- For sole proprietorships, it's the owner.
- For partnerships, it's a general partner.
- For LLCs, it can be the owner (if taxed as a sole proprietorship), a partner (if taxed as a partnership), or an officer (if taxed as an S-Corp or C-Corp).
- If a representative is signing on behalf of the taxpayer, a copy of your power of attorney (e.g., Form 2848) MUST be attached. The IRS will not process changes from unauthorized third parties.
Step 5: Mail Form 8822-B to the Correct IRS Address
Once your form is completely and accurately filled out, it's time to mail it.
Sub-heading: Finding the Right Mailing Address:
- Check the Form 8822-B Instructions: The instructions for Form 8822-B will provide the specific mailing address based on your old business address. The IRS has different service centers, so it's vital to send it to the correct one.
- For example, if your old business address was in states like Connecticut, Florida, New York, etc., you might mail it to Cincinnati, OH.
- If your old business address was in states like California, Texas, Washington, etc., you might mail it to Ogden, UT.
- Do NOT attach Form 8822-B to your tax return. It needs to be mailed separately.
- Make a Copy: Always make a copy of the completed Form 8822-B for your records before mailing it. This is your proof that you submitted the change.
Step 6: What Happens Next? Processing Time and Confirmation
After you've mailed the form, it's a waiting game.
Sub-heading: Processing and Confirmation:
- Processing Time: The IRS generally takes 4 to 6 weeks to process an address change request submitted via Form 8822-B.
- Confirmation Notice: For changes related to employment tax returns, the IRS typically issues confirmation notices (Notices 148A and 148B) to both your old and new addresses. This provides an excellent way to confirm the change has been processed.
- Keep an Eye on Your Mail: Even if you've submitted the form, it's a good idea to temporarily maintain mail forwarding with the U.S. Postal Service (USPS) from your old address to ensure you don't miss any critical correspondence during the transition period.
- Verifying the Change: After the typical processing time (4-6 weeks), you can call the IRS Business & Specialty Tax Line at 1-800-829-4933 (Monday through Friday, 7 a.m. to 7 p.m. local time) to verify that your address has been updated. Have your EIN and business details ready for identity verification.
Step 7: Update Other Relevant Entities
While the IRS is crucial, they aren't the only entity you need to inform.
Tip: Read at your own pace, not too fast.
Sub-heading: Beyond the IRS:
- U.S. Postal Service (USPS): File a change of address with the USPS directly. This helps ensure that any mail sent to your old address is forwarded to your new one during the transition. You can do this online at
.www.usps.com - State and Local Tax Agencies: Your state and local tax authorities also need to know about your new business address. Each state has its own procedures, which may involve filing an amendment to your business registration or a specific address change form. Check your state's Department of Revenue or equivalent agency website.
- Secretary of State (or equivalent): If your business is an LLC, corporation, or partnership, you likely registered with your state's Secretary of State. You'll need to file an amendment to your Articles of Organization or Incorporation to update your registered address. There may be a filing fee associated with this.
- Business Licenses and Permits: If you hold any industry-specific or local business licenses and permits, contact the issuing agencies to update your address.
- Banks and Financial Institutions: Inform your business bank, lenders, and credit card companies of your new address.
- Vendors and Suppliers: Update your address with all your business partners, suppliers, and service providers.
- Customers: Make sure your customers know your new address, especially if they visit your physical location. Update your website, social media, and any other marketing materials.
- Insurance Providers: Notify your business insurance carrier to ensure your policies reflect the correct location.
By following these steps diligently, you can ensure a smooth transition for your business and maintain accurate records with the IRS and other important entities. Don't underestimate the importance of this administrative task! It can save you a lot of headaches down the line.
Frequently Asked Questions (FAQs) - How to Change Your Business Address with the IRS
How to verify if the IRS has my new business address?
You can generally verify your updated address by calling the IRS Business & Specialty Tax Line at 1-800-829-4933. It's recommended to wait at least 4-6 weeks after mailing Form 8822-B before calling to allow for processing time.
How to change my business address if I'm a sole proprietorship?
As a sole proprietorship, you would generally use Form 8822-B for business address changes. If your business address is also your home address, you might also consider filing Form 8822 (for individual address changes) or simply updating it on your Schedule C (Form 1040) when you file your personal income tax return. However, Form 8822-B is still the recommended method for clarity for business purposes.
How to change my LLC's address with the IRS?
For an LLC, you must use Form 8822-B to change your business address with the IRS. Additionally, remember to update your address with your state's Secretary of State or equivalent agency.
QuickTip: Look for patterns as you read.
How to change my corporation's address with the IRS?
Corporations also use Form 8822-B to notify the IRS of an address change. Be sure to have an authorized officer sign the form. You'll also need to update your Articles of Incorporation with your state's Secretary of State.
How to change my partnership's address with the IRS?
Partnerships should file Form 8822-B to update their address with the IRS. A general partner must sign the form. Don't forget to update your partnership agreement and file any necessary amendments with your state.
How to know if my business mailing address is different from my business location?
Your mailing address is where you receive mail, which could be a P.O. box. Your business location is the physical street address where your business operates. If these are different, ensure you provide both on Form 8822-B where applicable (Line 6 for mailing address, Line 7 for business location).
How to handle foreign business addresses with the IRS?
If your new business address is a foreign address, follow the country's practice for entering the postal code and include the foreign country name and province/county on Form 8822-B.
QuickTip: Read actively, not passively.
How to ensure I receive all IRS correspondence at my new address?
The most reliable way is to file Form 8822-B. Additionally, set up mail forwarding with the USPS for your old address, and check for confirmation notices from the IRS (like Notices 148A and 148B for employment tax changes).
How to change my business address if I also changed my home address?
If you've changed both your home address and your business address (and they are separate), you should file both Form 8822 (for individual/home address) and Form 8822-B (for business address).
How to avoid delays when changing my business address with the IRS?
To avoid delays, ensure you use the most current version of Form 8822-B, fill it out completely and accurately, have it signed by an authorized party, and mail it to the correct IRS service center based on the instructions. Making a copy for your records is also a good practice.