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This video discusses the process of cancelling an EIN with the IRS. An EIN is an employer identification number assigned to businesses, trusts, estates, joint ventures, and charitable organizations for tax purposes. Once assigned, an EIN is permanently attached to the entity and never reused or recycled. Therefore, it cannot be cancelled in the traditional sense. The only way to effectively "cancel" an EIN is to close the business entity or name associated with it, or by requesting a new EIN if necessary.