I have had a business account for many years with my bow business. I recently started another business so I opened a separate paypal business account. It won't let me finish the setup because it wants to link a credit or debit card to my account. I don't have one to link. Here is what is going on with my bank account. I opened my business checking account with my social security number, however, I didn't realize that I originally used an EIN for tax purposes with my first business. When I requested my EIN information from the IRS (I guess I got an EIN about 12 years ago and forgot) they sent me paperwork showing that it is linked to my original business. In order for me to open another account with my bank I need to show that my new business in linked to this EIN. I have no idea what I am doing and I'm afraid I am going to get into some trouble at tax time. I am just trying to keep my business financially separate...anyone have any advice?
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