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Old 09-11-2015
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Default Just got the SSN email from Paypal...

What is your opinions on this matter?

I am not trying to avoid paying taxes. I am trying to keep my account alive and strong. I've read that some stealthers have formed an LLC and got multiple EINs through that? I have little experience with the IRS, so I really do not know what I'm doing, and do not want to hire an accountant. Right now I have stopped all my sales on this account and I am just waiting to see what I should do. My main priority is to save the account, and I'm not trying to avoid the IRS.

thanks for your input.
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Old 09-11-2015
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Default Re: Just got the SSN email from Paypal...

Get an ein and keep rollin
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Old 09-11-2015
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Default Re: Just got the SSN email from Paypal...

You can only get 1 ein for each llc
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Old 09-21-2015
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Default Re: Just got the SSN email from Paypal...

What do you guys usually do when you get the email on your accounts?

Do you immediately stop all sales and withdraw all your money from PP? Or do you just slow your sales down (increase prices)?
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Old 09-21-2015
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Default Re: Just got the SSN email from Paypal...

Either get an EIN or stop selling on the acc and make a new one
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Old 09-22-2015
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Default Re: Just got the SSN email from Paypal...

Yep either add ein or next account..
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Old 09-22-2015
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Default Re: Just got the SSN email from Paypal...

Spread sales and use multiple accounts AND let some accounts grow with an EIN.

If you are not willing to talk to an accountant that maybe just opening more accounts is your best option.

I say this because if you are not willing to learn and invest in yourself, then odds are you will always have this mentality so open more accounts and repeat the same cycle over and over.
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