A client wants to change the owner of a CD from a business to a related business trust (different EIN). We allowed the change with no penalty a few months ago after her CPA advised that she had opened the account incorrectly. Now she wants to change the owner to a different business trust (different EIN). Is there any reason not to charge her the penalty for early withdrawal?

First time for a mistake..that is her 'gimme.

Now she just wants to flip flop things around...penalty now, or wait until maturity then close and reopen...her call.