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Originally Posted by gcrusader92 Yeah. I guess. Hmm..I'm gonna try to ⊗⊗⊗⊗ this method. | Please do and post the results from the IRS when you try................. Really not a good move guy.
Registering an LLC is no joke. YOu have to use your true identity and nothing else.
Same with the EIN.
Throwing around LLC and EIN information is not the easy answer you think it is. UNLESS you are very serious about your business and plan on reporting EVERYTHING because Every bank, etc attached to it will be reporting it.
You guys are only looking at paypals 20k reporting. When you go LLC pretty much all interest, etc will be reported under that LLC EIN.
You are talking out the wrong end if you dont know exactly what you are doing with the LLC and EIN.
as said in a prior post, getting wholesale EIN's WILL come back to haunt you later. Probably sooner though.
__________________ KingRay |