olc8
Level 1

Business & farm

Follow up question:

 

I read that you don't have to send a letter to the IRS to cancel your EIN and that it just stays with your business forever. I also read that there is no way to indicate when it will be the final time you are filing a schedule C for a business. Does that mean I can just not file a schedule C for the year 2025 since I have no profit to report?