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Do you trust networks with your SSN?

Discussion in 'Making Money' started by tattoo, May 20, 2008.

  1. tattoo

    tattoo Regular Member

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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...
     
  2. Black Hat Seo

    Black Hat Seo BANNED BANNED

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    Get a tax ID number from IRS.gov and use that instead.
     
  3. tattoo

    tattoo Regular Member

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  4. doughboy317

    doughboy317 BANNED BANNED

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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..
     
  5. theadultsplayground

    theadultsplayground BANNED BANNED

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    With enough time and energy anyone can "steal" your information
     
  6. MoneyMafia

    MoneyMafia Regular Member

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    Yeah but let's not helping them by putting the info on the table . I'm not from the states but I suggest you guys to be careful with what infos you share..
     
  7. caretaker2007

    caretaker2007 Power Member

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    Damn, I was going to mention that. ;)
     
  8. hotstox

    hotstox Jr. VIP Jr. VIP Premium Member

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    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.
     
  9. tattoo

    tattoo Regular Member

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    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?
     
  10. hotstox

    hotstox Jr. VIP Jr. VIP Premium Member

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    pretty sure you can file as a sole proprietor, but I am NOT an accountant.
     
  11. CyberDilemma

    CyberDilemma Regular Member

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  12. tattoo

    tattoo Regular Member

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    thanks for the info. sole proprietor sounds good...

    do you still need to send them money every three months?
     
  13. CyberDilemma

    CyberDilemma Regular Member

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    Yes, you need to make quarterly estimated tax payments unless you want to pay underpayment penalties at the end of the year.
     
  14. oldenstylehats

    oldenstylehats Elite Member Premium Member

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    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.
     
  15. symbiotic

    symbiotic BANNED BANNED

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    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.

    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.
     
  16. cekib

    cekib Newbie

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    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