Do you trust networks with your SSN?

tattoo

tattoo

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I haven't signed up with any of the affiliate companies yet but some of them look like they might not be around for a long time, and I'm not comfortable handing over my SSN (even to those who do look established).

What do you guys do?

Is it a bad idea to enter a fake SSN. Will they know? Does it make a difference.
I'm wondering what the tax implications might be too...
 
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aye if your scared of someone stealing ur identity,...
just sign up for lifelock, i haven't personally used them but the ceo gives out his SSN for the whole world to see on the front page of his website so i guess he's pretty confident in his service,... but don't go around making your SSN public like he's doing..
 
yeah def get an ein - it's free and you dont have to put your own social out there. I had a guy try to blackmail me into paying for something because he got my social from an old program I used to promote ( that he hosted), guy was foreign and didnt realize the difference so was pretty funny, but yeah watch your ass online, your info is not safe even if the company your working with is legit, doesnt mean their host or employs are, or that their db cant be hacked. Most affiliate programs are run by retail solutions, and they can be exploited.
 
the thing with an EIN is that once you register with the feds, you're an employee of your own company and you have to pay payroll tax, withholding etc every three months. does anybody have a different experience with this?
 
pretty sure you can file as a sole proprietor, but I am NOT an accountant.
 
thanks for the info. sole proprietor sounds good...

do you still need to send them money every three months?
 
do you still need to send them money every three months?
Click to expand...

Yes, you need to make quarterly estimated tax payments unless you want to pay underpayment penalties at the end of the year.
 
The penalties aren't that severe unless you're making a large amount of money. I screwed up a few years ago and didn't pay quarterly, but because I didn't claim that much income, the penalty was pretty slight.

That said, if you are making a significant amount of money and incorporate, get an accountant. They'll pay for themselves after a year or two of taxes.
 
A quarterly payment isn't that big of deal really, just stay on top of your finances and you should be able to manage. I think it is a minor thing to deal with knowing you at least have the satisfaction that your own personal social is secure.

doughboy317 said:
aye if your scared of someone stealing ur identity,...
just sign up for lifelock, i haven't personally used them but the ceo gives out his SSN for the whole world to see on the front page of his website so i guess he's pretty confident in his service,... but don't go around making your SSN public like he's doing..
Click to expand...

hahaha, did you hear that the dude from the lifelock commercials had his identity stolen just recently! Most, if not all, of what lifelock can do for you you can do yourself by contacting the major credit rating agencies and placing the proper holds on your ssn. But even then there are still ways for people to do it.
 
Saw a 20/20 special about identity theft, there are IRC channels out there trading buying selling identities like they were mp3's... kinda crazy
 
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