Should you ever change your company name? How did you Name Your Business? The specific action required may vary depending on the type of business. In some situations a name change may require a new Employer Identification Number (EIN) or a final return.
File Articles of Amendment with the state to change the business name. By filing a document called “Articles of Amendment,” an LLC or corporation can request to change the name of the business.
If this isn’t a big deal to you , then you can simply wait until you file your next annual tax return to update the IRS on your new name. Yes, you can change your name legally so long as you are not doing for a fraudulent purpose (such as to evade debts or other legal obligations). However, the process for doing so varies from jurisdiction to jurisdiction, and there are fees.
First of all, the name Montoya IS cool, and secondly, decisions you make to change who you are seen as can often become a. If you have never set up an official business structure with the state and are operating as either a sole proprietor (single owner) or general partnership (multiple owners), then the steps to change an existing business name are pretty straightforward. (more…)