I just wish they had a way for us to completely remove the SS# if you can provide an EIN. I am just waiting a bit to finish my LLC papers here and dump this old account and get a new one going under the LLC's EIN. Like most in business, I like to keep my bussiness seperate from my personal, which means no linking SS# to the business.
... View more
A business bank account is not a problem already setup and such. I just wanted to double check with you Snowshoe, and make sure nothing had changed since the last time we discussed this. Thanks for the input.
... View more
This message is geared towards Snowshoe, but anyone can answer. We are getting ready to close our current PayPal account and create a new one under our business EIN and new bank accounts, etc. since we changed our business structure. My question is will be still have to provide a SSN after setting it up using the EIN. I have discussed this on here before with Snowshoe (here), but I want to see and confirm if anyone else out there has a business account using only their EIN and no SSN. I wanted to see Snowshoe, if you were still running as we talked about a few months ago in the listed post. I want to get this new account going, but I do not want to give PayPal a SSN when we get it setup. This is a legal business with its own EIN that is a legal entity seperate from the owners.
... View more
Sounds good, that is most likely what we will do as well. But the only other thing I say, that it does not list LLC in the type options for a business. Which one did you choose. This is a husband/wife LLC based in Texas, and under IRS rules, is considred a qualified joint venture, which allows us to report on our individual taxes as Sole-Pro's, but we have a EIN number for banking and business purposes.
... View more
Ok, but here is my question, we opened a business account using out SS# as it was as a Sole-proprietor but now we have formed an LLC and have an EIN number and would like to change the account to remove the SS# and only have the EIN. Are we going to have to close this account and create a new one?
... View more
While I looked at the items in the communtiy before, I wanted to know if I add an EIN number for my business can I remove my SS# from the account?
... View more