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Old 02-13-2006, 06:57 PM   #1
fxprophet
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Sponsors and SSN tax ID safety

I am sure it is safer to run your site through a business with a tax ID but has anyone done this solo and used their SSN as a tax ID? grated is probably not safe ever to give out your SSN at all, but I was curious about this.

What type of business do you reccomend starting if so? LLC , Sole proprietorship?
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Old 02-14-2006, 08:09 PM   #2
sfera
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well you should be ok if you are using well known sponsors
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Old 02-14-2006, 08:09 PM   #3
sfera
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an llc is a good cheap option. probly the best option
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Old 02-14-2006, 09:18 PM   #4
fxprophet
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I have heard the taxes are expensive to get done per year for an LLC. I heard Nevada and Delaware are good places to register an LLC
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Old 02-15-2006, 03:05 PM   #5
romeoboi
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www.thedelawarecompany.com
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Old 02-15-2006, 09:15 PM   #6
Sofa King
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Quote:
Originally Posted by fxprophet
I have heard the taxes are expensive to get done per year for an LLC. I heard Nevada and Delaware are good places to register an LLC
There are a lot of other advantages to being incorporated. Sure the taxes are a pain but imho you should find that with a good tax guy the benifits outweigh the expenses.

Regarding a personal SS number you should be totally fine with the well know affiliates. I have never heard of an problem and if there was it would be ALL ove r this board.
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