Have you recently moved your business or mailing address?
Whether you’ve relocated to expand your business or simply set up a new virtual office, informing key agencies and updating your information can prevent significant hurdles related to an address change.
When you move your business, there’s much more to do than just moving furniture or inventory. Updating your business address with various agencies, listings, documents, and accounts is a crucial step. Here’s a rundown of whom to notify:
– **Internal Revenue Service**: Submit Form 8822-B to update your address with the IRS. This form is available on the IRS website.
– **Secretary of State**: Each state has its own process for updating organizing documents like Articles of Incorporation or Organization. Don’t forget to update your state licenses as well.
– **City and County**: Inform your local city or county authorities to update any local licenses or permits.
– **Financial Accounts**: Update your address on all financial accounts, including bank accounts, merchant accounts, investment accounts, and any business loans or credit lines.
– **Business Credit Accounts**: Notify any vendors, suppliers, retailers, or service providers to ensure you receive invoices and statements promptly and to prevent potential identity theft.
– **Business Credit Reporting Agencies**: Contact major business credit reporting agencies to update your company’s address in their records. This often requires verifying your authorization and completing a form.
– **Websites & Directory Listings**: Update your business address on your website and any local directory listings. Consistency in this information is vital for maintaining your local ranking.
– **Social Media**: Log into your business’s social media accounts to update your address information.
There might be other areas that need updating, but these are some major ones to focus on. Failing to update your business address can result in missing important notices, invoices, and correspondence. Ensure everyone you do business with knows your new address.
