ein - eBay Suspended & PayPal Limited Forums
eBay Suspension & PayPal Limited Forums  
Join Today
Register Subscribe
     

Registration is fast, simple and absolutely free so please, join our community today!


Go Back   Home > Subscriber's Area > Subscriber Discussions

Subscriber Discussions The juicy stuff...

Reply
 
Thread Tools
  #1  
Old 06-25-2017
tattedupmike's Avatar
Junior Member
 
Join Date: Jul 2016
Posts: 52
Thanks: 2
Thanked 4 Times in 3 Posts
Activity: 0%
Longevity: 44%
iTrader: (0)
Default ein

I could have sworn you could get a new ein number every day but limited to 1 a day. My last account was under my sole prop ein number, so I went to get a new one and it says I cant. I called the irs and they told me you get 1 ein number no matter what. How am I gonna make a stealth account when I cant get past this issue? Buy multiples off people here lol.
Reply With Quote
The complete step-by-step guide to get back to selling today!

  #2  
Old 06-25-2017
Futuremogul888's Avatar
Executive [VIP]
 
Join Date: Jul 2012
Posts: 558
Thanks: 141
Thanked 424 Times in 228 Posts
Activity: 0%
Longevity: 68%
iTrader: (0)
Default Re: ein

You can get as many EINs as you have entities. A sole proprietor is just you and you are one entity. An LLC or Corp is a different entity from you and you can get a new EIN for it. So in summary one EIN for you and one EIN for each of your Corps, LLCs, Trusts, etc (anything considered a legal entity).
Reply With Quote
  #3  
Old 06-26-2017
tattedupmike's Avatar
Junior Member
Threadstarter  
 
Join Date: Jul 2016
Posts: 52
Thanks: 2
Thanked 4 Times in 3 Posts
Activity: 0%
Longevity: 44%
iTrader: (0)
Default Re: ein

but the sole prop is free and the rest cost money right?
Reply With Quote
  #4  
Old 06-29-2017
Junior Member
 
Join Date: Jan 2017
Posts: 317
Thanks: 10
Thanked 51 Times in 46 Posts
Activity: 0%
Longevity: 41%
iTrader: (0)
Default Re: ein

Quote:
Originally Posted by tattedupmike View Post
but the sole prop is free and the rest cost money right?
Yes.. if you are doing business, there are expenses. If you are not doing enough business to pay to form an entity and get an address for that entity.. you probably do not need to worry about having a lot of them. It is one EIN application per person per day. So if you have a stack of 100 LLCs setup, you technically aren't allowed to apply for all their EINs the same day. But as far as EIN for the entity.. its permanently attached.. like a social security number for the entity. You cannot rotate EINs for a particular entity, except in extenuating circumstances.
Reply With Quote
  #5  
Old 06-30-2017
yankee's Avatar
Executive [VIP]
 
Join Date: Nov 2013
Posts: 8,983
Thanks: 2,744
Thanked 3,109 Times in 2,282 Posts
Activity: 0%
Longevity: 60%
iTrader: (2)
Default Re: ein

Quote:
Originally Posted by tattedupmike View Post
but the sole prop is free and the rest cost money right?
well.....the answer is the EIN is free from the IRS. It does cost money to register with a state if/when you choose to.

A sole proprietor is just you. You have a SS and an EIN only option as an individual and both are essentially the same and permanently linked together.
Reply With Quote
  #6  
Old 06-30-2017
newjerseymax's Avatar
Executive [VIP]
 
Join Date: Apr 2010
Posts: 2,842
Thanks: 1,090
Thanked 683 Times in 494 Posts
Activity: 0%
Longevity: 81%
iTrader: (6)
Default Re: ein

Yea if you burned your sole prop then its toast. Its LLC from here on out if you plan on selling a lot.

You could spread sales more.

I use mix and match of all methods.
__________________
"Mark 11.24 Whatsoever ye desire, believe that ye have it, and it is yours"
Reply With Quote
Reply



Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off



Aspkin Group

All times are GMT -5. The time now is 11:19 AM.


Stop the guessing games and learn how you can quickly and easily get back on eBay today!
Read the best selling step-by-step eBay Suspension guide eBay Stealth!
Amazon Suspension? Read Amazon Ghost to get back on Amazon!
vBulletin® Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
Ad Management by RedTyger
no new posts

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58