I have Problems with EIN!?

Question

I am STARTING a small business... Keyword Starting. And I applied for an EIN number in my state, and with the IRS. I set the end of the year to be 12/31 or every year. I am still in school while starting my business, and I was wondering if I haven't made a profit by the end of the year, and the IRS sends me the papers, and I don't file because I didn't spend any money, or make any money will they take me to jail?

Keep in mind my business hasn't been active at all... Can they do that?

Is there a way I can disable my EIN or something until I start making money so there won't be any problems when tax season comes? Thanks guys!

Answer 1

Do not worry.  If you did no business during the year, you do not need to file income taxes under your EIN.

Answer 2

consult your CPA.