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Search: Posts Made By: KingRay
Forum: Subscriber Discussions 07-20-2011
Replies: 37
Views: 1,876
Posted By KingRay
You are required report it all. over 20k/200...

You are required report it all. over 20k/200 transactions they are required to. The just sent the irs the same information as if you were getting interested on a bank account. Either way you have...
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Forum: Subscriber Discussions 07-18-2011
Replies: 37
Views: 1,876
Posted By KingRay
Dont worry about it, They know Nothing about...

Dont worry about it, They know Nothing about LLC's and EIN's or they would not have said that. They are just whining about the use of a childs SSN.

Not recommended but if you want to put food on...
Forum: Subscriber Discussions 07-13-2011
Replies: 37
Views: 1,876
Posted By KingRay
Just relax. You are getting off topic anyway. ...

Just relax. You are getting off topic anyway. He is aware of its now and its up to him what he wants to do. Our opinion isnt his problem. Just going on and on isnt going anywhere.
Forum: Subscriber Discussions 07-10-2011
Replies: 37
Views: 1,876
Posted By KingRay
- Is this a full time venture of just on the...

- Is this a full time venture of just on the side?

- I would dump the account with the daughters SSN for selling so you dont hit 20k on it. That will cause a mess you dont want to deal with. I...
Forum: Subscriber Discussions 07-03-2011
Replies: 37
Views: 1,876
Posted By KingRay
You cant. These guys are using EIN's as an easy...

You cant. These guys are using EIN's as an easy way to get by. They have no idea of what all is involved with getting one and using it correctly.

Getting on is very easy but I can assure you...
Forum: Subscriber Discussions 06-30-2011
Replies: 37
Views: 1,876
Posted By KingRay
Did you hit the 20k mark or are they asking for...

Did you hit the 20k mark or are they asking for registration purposes?

You can easily get one but it will commit you to paying taxes on your profits and I dont mean just the 20k issue either. ANY...
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