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The video tutorial discusses the procedures for canceling an Employer Identification Number (EIN) with the IRS. An EIN is a tax ID number assigned to businesses, trusts, estates, joint ventures, and charitable organizations. Once assigned, an EIN remains attached to the entity name and is never recycled or reused. Therefore, it cannot be canceled in the traditional sense. The only way to effectively "cancel" an EIN is to notify the IRS of the closure of the business entity or organization associated with the EIN.