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Old 11-09-2004, 06:44 PM   #1
ThunderBalls
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Is it against the law to call yourself a corporation when you're not?

I know this asshole who is running a company and calling himself an LLC when in reality he is not. Anyone know if he can get in trouble?
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Old 11-10-2004, 12:24 PM   #2
reynold
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yes of course. he could be even be imprison for it.
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Old 11-10-2004, 12:27 PM   #3
BoNgHiTtA
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yep, uncle sam will be more than happy to come correct that problem.
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Old 11-10-2004, 12:30 PM   #4
Sly
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Why would someone even do that? To look cool? Haha.

$500 and he's legit.
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Old 11-10-2004, 12:33 PM   #5
hydro
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Quote:
Originally posted by Sly
Why would someone even do that? To look cool? Haha.

$500 and he's legit.
so they can wear a shirt saying "Kiss me, I'm a CEO"
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Old 11-10-2004, 12:35 PM   #6
TheSenator
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to be an LLC your need a tax ID or EIN #......

You can not cash checks or open a bank account without a tax id or EIN
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Old 11-10-2004, 01:19 PM   #7
ThunderBalls
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Quote:
Originally posted by TheSenator
to be an LLC your need a tax ID or EIN #......

You can not cash checks or open a bank account without a tax id or EIN
Well he was an LLC but he let it dissolve 18 months ago so I'm sure he already got the Tax ID # and bank account. So the IRS would be interested?
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Old 11-10-2004, 01:23 PM   #8
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The IRS doesnt do shit. I knew a guy who ripped me off to the tune of about $10 grand and I knew for a fact he was committing tax fraud. Was claiming only $20 grand a year on his taxes when he made well over $100 grand. I reported him and not a damn thing happened, not even an audit.
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