What's better than mass creating LLCs?

Nesie · #1 09-06-2017

I get hit with Tax ID requests pretty frequently because I sell in high volume. And it is really benefical for me to have really big accounts that can sell a lot just because of the volume in which I sell. It's very annoying to have to create making new accounts, which means making more bank accounts.

I have 20-30 accounts that I operate with and 3 have LLC's attached to them.

I am wondering if there is a better way to get an EIN or some alternative route. I feel like tax season is gonna be difficult for my accountant. Also it seems suspicious having 5-6 LLCs no? More likely to get audited? Also it would be cool if I could save 300 on LLC creation fees. I live in Texas.

Anyone have any suggestions for me or some insight that they can shine?

Any advice would be helpful, thanks

**SaiJin** · #2 09-06-2017

You must be bringing in multiple 6 figures with 20-30 accounts...

Well, a good accountant's job is to make this happen.
So you shouldn't be worrying about this at all. I think it's best you talk to him / her and explain the situation and he'll educate you on it.