We got an EIN for a startup that never really launched. Can we just abandon it, or should we close the IRS account properly?
The business never got beyond setup and testing, so part of me wants to leave the whole file alone and move on. But I also know the IRS does not really think about these things the same way founders do. If the business account is still sitting there even though the startup never became real, I would rather close the loop correctly than leave loose ends in case the entity becomes relevant again later.
What I need is the clean version of the rule. If EINs are permanent anyway, what exactly gets closed and what does the IRS expect to be resolved before we send that letter?
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