possibility of changing the corresponding author in IEEE transaction
It's possible, but explain why you're making the change to the editor(s). Changing the authors of a paper is suspicious, but if you have a good reason to do it (e.g. original corresponding author moved/died/graduated, new corresponding author took over the project, etc) then the journal/publisher usually won't object.
Odds are you can make changes all the way up till you get the proofs, if you have good reasons.