Recent content by Goneped

Thanks but is this a risky move to make? Any other opinions from anyone else?

Hello all, wanted to give some great thanks for helping me establish a account with a EIN. I have run into a problem though.... I figured out the hard way removing transaction penalizes you for defect rate and I am currently below standard and it is totally effecting my sales. Would calling...

So it looks like the Tax ID for me would be only used as a if I was a non-resident or a alien.... this was new to me. So that is totally out of the water. I have to do a EIN looks like that is final decision. I just don't know if a online business has to file with the state or just federal. IRS...

Okay Tom I understand, I have been waiting days upon days to make my move I have just been so hesitant. If I do tax ID route from what I see is it asks me to confirm my first and last name (first name provided to paypal is phony) and my address which is my true address and has been used in the...

Last question the Tax ID portion Paypal wants me to fill out just that. Are you sure I shouldn't go that route? From what I see it says just that then "submit" button. Is there a high chance of linking through Tax ID?

That makes me nervous, my ID would be automatic ban I feel like or if they ask me questions why my first name is different? This is all for a business account? I typically am selling $30 and below on average. I've sold about 40 $10 items just past few days on eBay. I am hoping they would see the...

Wow I bow down to you Tom. Thanks for the great info. I am still stuck though as far as I have to upgrade to business account on paypal, when I do so it says my account is currently limited (due to the tax additional info.) call us at our resolution department. Do you have any experience with...

Tom thank you for massive help along with everyone else! So, I live in Ohio. I see a bunch of places asking for $79 etc. to signup for LLC? There is a cost to setup and run the LLC (fees have to be paid to run it)? Also benefits/cons between LLC or S-Corps as mentioned earlier?

Okay again thank you for the responses everybody. So when I file the paper work for LLC what are the chances paypal will check background and ban me for having a my real name on LLC from a banned paypal account and my current paypal account with a phony first name?

So call paypal to setup business account? Then use real name on EIN with IRS and still have fake first name on Paypal?

Thank you all for the fast responses! So are you suggesting Tax ID or EIN? It seems if I go with EIN i have to upgrade to a business account which when I do that it says my account is on limited status to call paypal to work that out. I've always had a personal account and never went beyond...

Hello all! I have a huge problem on my hands. I have had a banned eBay/Paypal account in the past. With my current account I am using, it uses my real address and real last name. But my first name is simply a nickname. I logged on to Paypal today to find out that they are requiring either my...