San Luis Obispo, CA asked in Tax Law for California

Q: When an Article of Organization Conversion is filed, is a new tax id issued, or do they keep the old?

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2 Lawyer Answers
Terrence Jay Moore
Terrence Jay Moore
Answered
  • Tax Law Lawyer
  • Santa Ana, CA
  • Licensed in California

A: You keep the old. They entity is converted and all stays the same except for the type of the entity. Note in some cases, some people suggest filing an S Election if you are converting from an LLC to a Corporation

Zaher Fallahi
Zaher Fallahi
Answered
  • Tax Law Lawyer
  • Los Angeles, CA
  • Licensed in California

A: You should provide additional facts here to completely answer this question. If you are electing an LLC to be taxed as an S corporation or a partnership, generally, you do not need to amend the articles of incorporation. The reason for the amendment of articles are done fro legal purposes and this doesn't require to obtain a new FEIN, as stated by my colleague Mr. Moore. Good luck.

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