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Personal account vs Business Account

Personal account vs Business Account

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  #1  
Old 03-21-2007
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Default Personal account vs Business Account
Anyone know the differences between the two on eBay? Pros? Cons? Since we are all sellers I was wondering should I register as one or the other...
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Old 03-21-2007
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I think they do report to the IRS. Once they have your SS# they can do alot of things with it. I know I report my income that goes through Paypal; you don't want to mess with the tax man.
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Old 03-23-2007
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Geez Modee, you know alot about money and the tax man. Good to know I guess. I have to do my taxes soon. Hope I don't owe too much! Damn Tax Man!
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