If your sister is part of the company then it shouldn't make a difference. It would be more something in terms of tax liability to talk to your accountant about. But as long as you are in good standing with Paypal so far you should not have a problem. Also there is really no need to add and EIN until you get close the 200 transaction 20k threshold. Even if there is a bar asking for the info when you log into paypal from everything I have heard and experienced they do not take action until you get over the 17-18k unless you eat up that amount very early in the year.
For what it is worth. Unless this is an account with thousands of feedback you might just be better off starting all over from scratch registering a stealth as a business in your own name and using the EIN that way. It is always better to be safe than sorry. In eBay world 40 feedback is hardly anything.
Last edited by makaveliagain; 08-17-2012 at 04:22 AM.
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