Legal Question in Business Law in Texas

can you transfer a tax ID number from sole proprietor to a corporation


Asked on 3/06/11, 10:04 am

1 Answer from Attorneys
Kevin B. Murphy Franchise Foundations, APC

As a Franchise Attorney I can say this. You need to apply for a new tax ID number for each entity. So the corporation must apply for its own tax ID. Consult with a good business or franchise attorney in your area for specific advice.

Mr. Franchise - Kevin B. Murphy, B.S., M.B.A., J.D.

Franchise Foundations, a Professional Corporation

Read more
Answered on 3/06/11, 11:36 am


Related Questions & Answers

More Business Law questions and answers in Texas