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What is an alternative?

Discussion in 'Business & Tax Advice' started by GreenPickle, Jan 24, 2010.

  1. GreenPickle

    GreenPickle BANNED BANNED

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    Many well known and respected CPA companies as well as many other places require your SSN to join and receive payments. I dont know about you folks but I dont feel comfortable giving my SSN to these people. Is there a way to go around this? As far as I know this could be done if you open up an LLC. I dont know much about that whole process though. Any others ways or alternatives to my problem? Thank you all.
     
  2. savvypro

    savvypro Regular Member

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    Found the following on another forum, although it covers setting up a bank account with out an SSN, it might be useful:

     
  3. showbizvet

    showbizvet Power Member

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    @savvypro that's a lot to digest.

    @GreenPickle I've done this, not for the same reason, but what you end up using is a Federal tax number and not your SSN. And yes, the process is to first create the LLC, then apply for the TaxID, then open the account with this info. Pretty straight forward.