Re: When to add EIN? Quote:
Originally Posted by Khaleesi That’s what I thought but even that’s not true because I never gave an ein for my first banned account.... it exceeded 400 sales. The second one I used my boyfriends ssn. We did add an ein because we were well over $200k. They still sent the 1099k in his name with ssn. Now that shop is banned and I went back to my own ssn... I have sales coming in. No issues so far. I had read the hyphenated thing in the forum before I learned more. Either way it works so no problem.
I wonder if it’s a timing thing like I started a thread about awhile back... their policy states that they don’t hold information past what is needed for that tax period. If it’s not needed then it is released after two weeks. Thoughts? | Crazy thing is, what I’m selling... I still use exact same format, slightly different pictures/titles, but same skus. They do keep the account in their system to my knowledge. They at least say that when you get suspended.
I have no idea what is kept how they do things though. This forum can almost be to paranoid sometimes. That’s why I didn’t even create a new account because the ssn, didn’t want to waste a business checking account.
I think biggest thing is what your selling, and shipping timeframe. I literally have been shipping every order same day while my account is still a little fresh, and would recommend every new account made to follow that same practice.
Last edited by solefoodbk; 11-17-2019 at 03:05 PM.
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