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The company is changing its name to better reflect its new direction and goals.
To notify the IRS about the company's name change, you must file Form 8822-B, which is the Change of Address or Responsible Party - Business form.
On Form 8822-B, you will need to provide your business's tax ID number, old name, new name, address, and other relevant details.
You should submit Form 8822-B to the IRS as soon as possible after the company name change takes effect.
No, there is no fee for filing Form 8822-B with the IRS.
No, the company's EIN will not change when you change the name. It remains the same.
Yes, along with notifying the IRS, you should also inform other government agencies such as the Social Security Administration, state tax authorities, and any licensing boards relevant to your business.
When changing the company's name with the IRS, you should ensure that all other official records and documents, such as tax returns and financial statements, are updated accordingly to avoid any potential complications.
The processing time for a name change with the IRS can vary, but it typically takes around four to six weeks.
While there might not be direct penalties, failing to inform the IRS about the company's name change can lead to confusion and delays in processing your tax returns or other communications.
Note: This summary is not intended to be an all inclusive discussion of the law applicable to an action for change of name by an adult in Colorado, but does include basic and other provisions.
Name Change Action Allowed: In Colorado, a person may change their name by filing an action in the District or County Court in the county of the petitioner's residence with appropriate forms.
Who is an adult? A person who has attained the age of 18 years is considered an adult.
Who is an minor? A person who has not attained the age of 18 years is considered an minor.
Is there any reason why a person might not be allowed to change his or her name? Yes. The court must find that the requested name change is proper and not detrimental to the interests of any other person. A person is not allowed to change their name in order to avoid judgments or legal actions against him or her, or to avoid debts and obligations. A person can not change their name to defraud any person.
Requirements for Name Change Order: For an order of name change to be granted, the court must find the change proper and not detrimental to the interests of any other person. A change of name upon marriage, dissolution, or divorce meets these requirements.
Is Publication of a Notice of the Petition Required? No. But, if the Petition is granted, the Petitoner is required to publish the change of name 3 times in a newspaper within the county where the Petitioner resides.
Can individuals "object" to my Petition for Name Change? Yes. Any reasonable objections made to the court may influence the court's findings as to whether the change of name is proper and not detrimental to the interests of any other person.
Procedures: The name change process begins with the filing of a Petition for Name Change in the District or County Court where the Petitioner resides. The Petition sets forth the Petitioner's full name, the name the Petitioner wishes to assume, and a concise statement of the reasons for the requested name change. If the Court is satisfied that the name change is proper and not detrimental to the interests of any other person, the Petition will be approved. The court will then issue an Order approving the name change.
The Petitioner then must give public notice of the name change by publishing the Order for Change of Name three times in a newspaper within the county of their residence.
Statutes:
Petition - proceedings:
(1)Publication of change:
(1)Public notice of such change of name shall be given at least three times in a newspaper published in the county where such person is residing within twenty days after the order of the court is made, and, if no newspaper is published in that county, such notice shall be published in a newspaper in such county as the court directs.Additional Information and Instructions
Court Rules:
Rule 8. Functions of County Court Magistrates
d)Functions in Civil Cases: A county court magistrate may perform any or all of the following functions in a civil proceeding:Other Name Change References:
Competence of persons eighteen years of age or older:
(1) Notwithstanding any other provision of law enacted or any judicial decision made prior to July 1, 1973, every person, otherwise competent, shall be deemed to be of full age at the age of eighteen years or older for the following specific purposes:Note: This summary is not intended to be an all inclusive discussion of the law applicable to an action for change of name by an adult in Colorado, but does include basic and other provisions.
Name Change Action Allowed: In Colorado, a person may change their name by filing an action in the District or County Court in the county of the petitioner's residence with appropriate forms.
Who is an adult? A person who has attained the age of 18 years is considered an adult.
Who is an minor? A person who has not attained the age of 18 years is considered an minor.
Is there any reason why a person might not be allowed to change his or her name? Yes. The court must find that the requested name change is proper and not detrimental to the interests of any other person. A person is not allowed to change their name in order to avoid judgments or legal actions against him or her, or to avoid debts and obligations. A person can not change their name to defraud any person.
Requirements for Name Change Order: For an order of name change to be granted, the court must find the change proper and not detrimental to the interests of any other person. A change of name upon marriage, dissolution, or divorce meets these requirements.
Is Publication of a Notice of the Petition Required? No. But, if the Petition is granted, the Petitoner is required to publish the change of name 3 times in a newspaper within the county where the Petitioner resides.
Can individuals "object" to my Petition for Name Change? Yes. Any reasonable objections made to the court may influence the court's findings as to whether the change of name is proper and not detrimental to the interests of any other person.
Procedures: The name change process begins with the filing of a Petition for Name Change in the District or County Court where the Petitioner resides. The Petition sets forth the Petitioner's full name, the name the Petitioner wishes to assume, and a concise statement of the reasons for the requested name change. If the Court is satisfied that the name change is proper and not detrimental to the interests of any other person, the Petition will be approved. The court will then issue an Order approving the name change.
The Petitioner then must give public notice of the name change by publishing the Order for Change of Name three times in a newspaper within the county of their residence.
Statutes:
Petition - proceedings:
(1)Publication of change:
(1)Public notice of such change of name shall be given at least three times in a newspaper published in the county where such person is residing within twenty days after the order of the court is made, and, if no newspaper is published in that county, such notice shall be published in a newspaper in such county as the court directs.Additional Information and Instructions
Court Rules:
Rule 8. Functions of County Court Magistrates
d)Functions in Civil Cases: A county court magistrate may perform any or all of the following functions in a civil proceeding:Other Name Change References:
Competence of persons eighteen years of age or older:
(1) Notwithstanding any other provision of law enacted or any judicial decision made prior to July 1, 1973, every person, otherwise competent, shall be deemed to be of full age at the age of eighteen years or older for the following specific purposes: