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This video discusses the procedures for canceling an EIN with the IRS. An EIN is an Employer Identification Number, a tax ID number assigned to business entities, trusts, estates, joint ventures, and charitable organizations. Once an EIN is assigned, it remains attached to the entity or business name and is never reused or recycled. Therefore, it cannot be canceled. The only ways to "cancel" an EIN are to close the business entity or revoke the EIN.