Can Paypal CHK EIN Number

[topadog]

Hi
Paypal got limited and asking for social security and supplier invoces my question is i got my new EIN number on phone that has my real name and business name is same as on paypal , can paypal chk the name on EIN my account is stealth.
Thanks!
Regards!

[GoteBay]

EIN and Business name on Paypal and IRS should match (PERIOD)!

[bjammin]

Originally Posted by topadog

Hi
Paypal got limited and asking for social security and supplier invoces my question is i got my new EIN number on phone that has my real name and business name is same as on paypal , can paypal chk the name on EIN my account is stealth.
Thanks!
Regards!

Is it an EIN for sole proprietor/partnership or LLC?

[jeffweico]

If your EIN was issued to you personally (a d/b/a) then the IRS will validate your REAL NAME and the EIN.

If your EIN was issued to a partnership, corporation or LLC, then the IRS will validate the BUSINESS NAME and EIN.

HOWEVER - If PayPal is requesting supplier information and your social security number, they may not accept an EIN. Usually, the reason they want the social security number is to verify your identity. This can happen for many reasons, but the most common reason is they think your account is risky for whatever reason, or they believe you are selling counterfeit merchandise.

You may have to let the account go. Without revealing any personal details, can you let us know EXACTLY what the notice that you received from PayPal said?

[topadog]

Hi
i'm providing them everything they ask on monday, will let you guyz know the answer,
Thanks!
Regards!

[topadog]

Our review is complete and we have restored your account.

We appreciate your patience and thank you for your help in making PayPal
the safest and most trusted online payment solution.

Thanks,
PayPal

[rsot]

Congratz topadog

[JamesNorth101]

Best result there. Congrads.

[sarah74]

Originally Posted by topadog

Our review is complete and we have restored your account.

We appreciate your patience and thank you for your help in making PayPal
the safest and most trusted online payment solution.

Thanks,
PayPal

Did you give paypal your Ein sole proprietorship?

[zishan786110]

Originally Posted by bjammin

Is it an EIN for sole proprietor/partnership or LLC?

Does it really have to be the same names or is it just for safety? May i change my name on Paypal or is that risky?

[zishan786110]

Originally Posted by topadog

Hi
i'm providing them everything they ask on monday, will let you guyz know the answer,
Thanks!
Regards!

I really need your help with a step by step process! I get my EIN Tomorrow can you please help!!!!

[yankee]

Originally Posted by zishan786110

I really need your help with a step by step process! I get my EIN Tomorrow can you please help!!!!

Just follow the steps on paypal.
Very simple.

[zishan786110]

Which one should I apply for?

[yankee]

Originally Posted by zishan786110

Which one should I apply for?

Hard to say. That mostly is based on your finacial situation, tax liabilities, etc...
You need your accountant to help you with the exact structure and how you get taxed.

LLC and Corporations is the easy answer, but what kind of LLC and Corp non of us can help you with. You need to seek an adviser.

[zishan786110]

Originally Posted by yankee

Hard to say. That mostly is based on your finacial situation, tax liabilities, etc...
You need your accountant to help you with the exact structure and how you get taxed.

LLC and Corporations is the easy answer, but what kind of LLC and Corp non of us can help you with. You need to seek an adviser.

I have an appointment in an hour so I'm really stressed out! I really need to know what i should open!! My name is different from my paypal!

[zishan786110]

Originally Posted by topadog

Our review is complete and we have restored your account.

We appreciate your patience and thank you for your help in making PayPal
the safest and most trusted online payment solution.

Thanks,
PayPal

Hey could you please help me with this situation? What should I open to restore my PayPal account? They aren't too serhous about my situation so a EIN Should just fix it. But should I open a LLC or a sole proprietor?

[yankee]

LLC or Corp is best.

Use the search function and talk to your accountant.

[zishan786110]

Thank you!