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internal revenue service irs tax news irs businesses charities others with employer identification numbers must update responsible party information within 60 days of any change thereamp;#39;s a youtube video on this says five things to know about the employer identification number thereamp;#39;s a link to that here ir 2021-161 july 30th 2021 washington calling it a key security issue the internal revenue service today urged those entities with employer identification numbers eins to update their applications if there has been a change in the responsible party or contact information so the ein number can in essence be thought of the as like the social security number for a business itamp;#39;s the number that the irs identity identifies the business as although it says employer identification number which might lead you to believe that it has solely to do with the employer kind of portion of the business or even for businesses that have employees thatamp;#39;s not the case itamp;#