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Old 09-16-2015
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Default What type of legal structure is applying for an EIN?

Sole Proprietor,Partnerships,Corporations, Limited Liability Company (LLC),Estate or Trusts?
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Default Re: What type of legal structure is applying for an EIN?

Contact your accountant to discuss what suits your needs best.
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Default Re: What type of legal structure is applying for an EIN?

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Originally Posted by yankee View Post
Contact your accountant to discuss what suits your needs best.

I don't have time for fooling around. Is it Sole Proprietor?
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Default Re: What type of legal structure is applying for an EIN?

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Default Re: What type of legal structure is applying for an EIN?

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Originally Posted by Harvin View Post
I don't have time for fooling around. Is it Sole Proprietor?


It is IMPOSSIBLE for any of us to know YOUR finacial situation, what you sell, how you sell, how you get taxed now and how you plan on getting taxed in the future. What your asset and liabilities are. If you have other interests to protect. etc...

Fooling around is what you are doing now making such "foolish" comments.

wish you luck with your business that you don't have time for.
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Default Re: What type of legal structure is applying for an EIN?

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Originally Posted by yankee View Post
It is IMPOSSIBLE for any of us to know YOUR finacial situation, what you sell, how you sell, how you get taxed now and how you plan on getting taxed in the future. What your asset and liabilities are. If you have other interests to protect. etc...

Fooling around is what you are doing now making such "foolish" comments.

wish you luck with your business that you don't have time for.

Whats foolish there?I'm asking a good question because this is my first time to encounter this. I don't have a job and currently a student. So what should I put there? thanks.
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Default Re: What type of legal structure is applying for an EIN?

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Originally Posted by Harvin View Post
Whats foolish there?I'm asking a good question because this is my first time to encounter this. I don't have a job and currently a student. So what should I put there? thanks.
wow is all I can say.

YOU need to seek professional advice to determine this. That is what you need to do.
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Default Re: What type of legal structure is applying for an EIN?

Odds are a simple LLC will do the trick, but you then need your accountant/adviser to assist you with what kind of LLC and its tax structure. If you need to register with your state or what state to register in etc...

This is taxes and laws not something you just fool around with.
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Default Re: What type of legal structure is applying for an EIN?

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Originally Posted by Harvin View Post
Whats foolish there?I'm asking a good question because this is my first time to encounter this. I don't have a job and currently a student. So what should I put there? thanks.
I think you need to get back to your studies and finish school.

You are asking a open forum questions to things that we have no knowledge of, and that thing is "your personal life". That includes, the state you live in, how much money you have, what things you own, and many many other things.

My personal advice is, close all accounts including paypal accounts and maybe Amazon accounts if you dont want to ask an Accountant on what to do.

Go ask an accountant, tell him/her that you are a student with limited funds. Most accountants will work with you on that.
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Default Re: What type of legal structure is applying for an EIN?

Just leave this kid alone, I dont think he/she will do ****.
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Default Re: What type of legal structure is applying for an EIN?

Quote:
Originally Posted by yankee View Post
Odds are a simple LLC will do the trick, but you then need your accountant/adviser to assist you with what kind of LLC and its tax structure. If you need to register with your state or what state to register in etc...

This is taxes and laws not something you just fool around with.
I don't have accountant/adviser to assist me with what kind of LLC. Should I call irs to tell them what LLC should I make?

This is the website that I will register in the future.

https://sa.www4.irs.gov/modiein/individual/index.jsp
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Default Re: What type of legal structure is applying for an EIN?

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Originally Posted by yotano211 View Post
Just leave this kid alone, I dont think he/she will do ****.
Why?I'm just seeking help.This forum is for helping purposes,right? Why you acting like I did something wrong.?
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Default Re: What type of legal structure is applying for an EIN?

I dont know how else to say it but YOU need to find an accountant that understands business.

The IRS does not offer accounting services.
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Default Re: What type of legal structure is applying for an EIN?

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Originally Posted by yankee View Post
I dont know how else to say it but YOU need to find an accountant that understands business.

The IRS does not offer accounting services.
I understand now.thanks.
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Default Re: What type of legal structure is applying for an EIN?

Quote:
Originally Posted by yotano211 View Post
I think you need to get back to your studies and finish school.

You are asking a open forum questions to things that we have no knowledge of, and that thing is "your personal life". That includes, the state you live in, how much money you have, what things you own, and many many other things.

My personal advice is, close all accounts including paypal accounts and maybe Amazon accounts if you dont want to ask an Accountant on what to do.

Go ask an accountant, tell him/her that you are a student with limited funds. Most accountants will work with you on that.
Thanks. I understand now.
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Old 09-17-2015
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Default Re: What type of legal structure is applying for an EIN?

Your answer is already on the forum.

If you truly want to know just study the forum AND talk to a tax accountant for best results.
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Old 09-18-2015
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Default Re: What type of legal structure is applying for an EIN?

Quote:
Originally Posted by solefoodbk View Post
Your answer is already on the forum.

If you truly want to know just study the forum AND talk to a tax accountant for best results.
Yes. I will talk to a tax accountant.
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