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-   -   FYI about PayPal business accounts. (https://www.aspkin.com/forums/subscriber-discussions/27411-fyi-about-paypal-business-accounts.html)

Bang 01-24-2011 05:24 PM

FYI about PayPal business accounts.
 
Please note; if you create a PayPal business account whether it's an LLC or Corporation sometime PayPal may STILL ask for the SSN of the "Contact Person" for the business. The EIN is NOT a get out of limitation free card. :violin:

rsot 01-24-2011 05:51 PM

Very true.

Bang 01-24-2011 06:00 PM

I wish I've known about this sooner. Getting an EIN and setting up a business for PayPal WILL be a waste of time and money if you're doing it just to avoid the SSN. Not gonna happen.:pop2:

GreenBean 01-24-2011 07:36 PM

Please note it is also better to do a little search of the topic too,Bang.

This is alluded to in several posts quite some time ago.


Think carefully about what you said: there is still a work around that is possible if planned correctly. :spy:


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