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Paying taxes and fake accounts

Discussion in 'Business & Tax Advice' started by link2swim06, May 27, 2009.

  1. link2swim06

    link2swim06 Registered Member

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    If I have a bunch of fake epn accounts how do I pay taxes? Also what social security number will be listed? I really want to not screw with IRS and make sure I don't have any problems on that front.
     
  2. JesterJoker

    JesterJoker Regular Member

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    all tax information is mailed at the end of year from EPN to your address, and filed with the SSN that you gave them.

    You really cant pay taxes on it, because your not the person listed on it. Something will get filed and the account will get shutdown eventually.

    I wouldnt play with that fire.... I would stick to non-tax needed accounts.
     
  3. link2swim06

    link2swim06 Registered Member

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    Then how do people cs and get away with it on multiple epn accounts. I mean how do they get away with tax payments not csing general.
     
  4. shm03

    shm03 Regular Member

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    I'm not sure what the limit is over in the states but you can earn up to £5,000 a year without paying any tax on it. So with something like epn if you just keep it under whatever your limit it you should be fine and they shouldn't come calling.
     
  5. angelas111

    angelas111 Jr. VIP Jr. VIP Premium Member

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    anything over $600 in the us they are required to issue a 1099. i have a fake epn account. no cs'ing so i don't think i will lose it. i gave them my ein. so i can still file taxes with that income and keep it legit as far as the irs is concerned.
     
  6. mrjinx

    mrjinx Regular Member

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    Yes, EIN is the way to go. Get a Corp. and multiple DBA's = multiple EIN's. Keeps it nice and legit and sneaky :)

    Jinx
     
  7. DarkMagicianOfChaos

    DarkMagicianOfChaos Registered Member

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    Does having a DBA license actually enable you get a new EIN? I thought you could only get the EIN for each separate entity.

    DMOC
     
  8. justthinking

    justthinking BANNED BANNED

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    I agree with mrjinx. Wouldn't you hate to be rich and in prison? Keep it legit. Egay might not be able to find you, but the IRS will.
     
  9. shizaru

    shizaru Regular Member

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    can I get an EIN even if I'm not a US resident?
     
  10. sandycat

    sandycat Junior Member

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    you need an SSN to receive your EIN's....so if your income is coming under 20 EINs(fake epn accounts)...they are still linked to your SSN as far as the IRS is concerned.
     
  11. kcwebguy

    kcwebguy Newbie

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    I know this is an old thread but thought someone could comment...

    What about the physical address where the 1099 needs to be sent to?

    I realize I could use DBA's and EIN's but how do you get away from the common mailing address?

    What are you guys doing for that?
     
  12. Roparadise

    Roparadise BANNED BANNED

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    You could get several post boxes,but the ones that let you fill it out as an apartment,not the ones from the USPS.
     
  13. kcwebguy

    kcwebguy Newbie

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    Thanks for the reply. Could you give me a link to an example? I do not know what you are talking about. I've never heard of such a thing. Thanks!
     
  14. Roparadise

    Roparadise BANNED BANNED

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    http://www.theupsstore.com/products/pages/maiandpos.aspx

    http://www.maillinkplus.com/mail_online.php
     
  15. anonym0use

    anonym0use Newbie

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    Uh, read up on Ron Paul guys. He wants to cave in the IRS... our only hope