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- - Is it against the law to call yourself a corporation when you're not? (https://gfy.com/showthread.php?t=386074)

ThunderBalls

11-09-2004 06:44 PM

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?

reynold

11-10-2004 12:24 PM

yes of course. he could be even be imprison for it.

BoNgHiTtA

11-10-2004 12:27 PM

yep, uncle sam will be more than happy to come correct that problem.

Sly	11-10-2004 12:30 PM

Why would someone even do that? To look cool? Haha.

$500 and he's legit.

hydro

11-10-2004 12:33 PM

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" :winkwink:

TheSenator

11-10-2004 12:35 PM

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

ThunderBalls

11-10-2004 01:19 PM

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?

SuckOnThis

11-10-2004 01:23 PM

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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