Does it Matter What business name you use - eBay Suspended & PayPal Limited Forums
eBay Suspension & PayPal Limited Forums  
Join Today
Register Subscribe
     

Registration is fast, simple and absolutely free so please, join our community today!


Go Back   Home > Marketplace Discussions > PayPal Talk

PayPal Talk PayPal Forums. General issues related to PayPal.

Reply
 
Thread Tools
  #1  
Old 10-10-2017
Senior Member
 
Join Date: Jan 2015
Posts: 502
Thanks: 248
Thanked 96 Times in 57 Posts
Activity: 8%
Longevity: 36%
iTrader: (0)
Default Does it Matter What business name you use

I signed up for my EIN this morning. I want to make sure I did this right before I put it into paypal. I created one with the legal business name of the business I have on that particular Stealth account. I put my legit information in as the owner. Is that a problem. Will paypal only see the EIN. I do not plan on passing the threshold with this account.
Reply With Quote
The complete step-by-step guide to get back to selling today!

  #2  
Old 10-10-2017
newjerseymax's Avatar
Executive [VIP]
 
Join Date: Apr 2010
Posts: 2,848
Thanks: 1,090
Thanked 677 Times in 491 Posts
Activity: 10%
Longevity: 74%
iTrader: (6)
Default Re: Does it Matter What business name you use

Quote:
Originally Posted by Lucynda View Post
I signed up for my EIN this morning. I want to make sure I did this right before I put it into paypal. I created one with the legal business name of the business I have on that particular Stealth account. I put my legit information in as the owner. Is that a problem. Will paypal only see the EIN. I do not plan on passing the threshold with this account.
Even though you don't pass threshold you will still be required to pay taxes. Does it not scare you to break US tax laws? Yes. I know they don't send the 1099 if stay below, but its still required. If you ever have a significant background check for govt job or important position this could influence that decision. Just curious, I am seeing a lot of posts from people trying to avoid IRS.

Too scary for me. I always pay so I could sleep at night.
__________________
"Mark 11.24 Whatsoever ye desire, believe that ye have it, and it is yours"
Reply With Quote
  #3  
Old 10-10-2017
Senior Member
Threadstarter  
 
Join Date: Jan 2015
Posts: 502
Thanks: 248
Thanked 96 Times in 57 Posts
Activity: 8%
Longevity: 36%
iTrader: (0)
Default Re: Does it Matter What business name you use

The issue of paying taxes was not my question. You don't even want to get me started on that. I've hit the 200 mark threshold and I want to upgrade to a business account so I can continue to receive payments on that account. The items I sell are low dollar so it doesn't make sense for me to rotate accounts.
Reply With Quote
Reply



Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Does it matter which browser I use? yog2uk eBay Tracking 3 03-31-2014 10:47 AM
How to avoid this matter oskitoski UK eBay & Paypal 8 09-24-2012 01:50 PM
Does IP really matter? LoopHole IP Address 6 02-14-2011 07:07 PM
Does age matter? Maineone1 eBay Suspensions 3 11-20-2010 06:23 PM


Aspkin Group

All times are GMT -5. The time now is 09:26 AM.


Stop the guessing games and learn how you can quickly and easily get back on eBay today!
Read the best selling step-by-step eBay Suspension guide eBay Stealth!
Amazon Suspension? Read Amazon Ghost to get back on Amazon!
vBulletin® Copyright ©2000 - 2019, Jelsoft Enterprises Ltd.
Ad Management by RedTyger
no new posts