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Search: Posts Made By: phaz0rz
Forum: Paypal Limited 10-31-2017
Replies: 26
Views: 4,519
Posted By phaz0rz
Re: PayPal asking for TAX ID for Stealth Account

The IRS doesn't care one bit about what you sell. Those guys are all about the numbers. You could be selling illegal narcotics through a shell company and the IRS wouldn't care at all, as long as...
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Forum: Paypal Limited 10-31-2017
Replies: 26
Views: 4,519
Posted By phaz0rz
Re: PayPal asking for TAX ID for Stealth Account

If you're going to form an LLC you're going to be paying taxes. Period. It doesn't matter what state you register your LLC in.

The income wouldn't be reported by PP if you stayed under $20k...
Forum: Paypal Limited 10-31-2017
Replies: 26
Views: 4,519
Posted By phaz0rz
Re: PayPal asking for TAX ID for Stealth Account

I agree about not stiffing the IRS. Regardless of what your sales numbers look like you should be reporting your income and paying taxes on your profits. Your tax rate would be very low unless...
Showing results 1 to 3 of 3

 

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