PDA

View Full Version : Clickbank and tax ID stuff


Iguana775
November 16th, 2005, 01:18 PM
Ok, so now Clickbank is requiring you get a EIN for tax purposes.

my question is, since I'm looking in to incorporating or forming an LLC, should i do that first before i get an EIN or should i just get the EIN and then go from there?
ColinSick
November 16th, 2005, 01:31 PM
How long until you are incorporated? Will it be done this year? I would probably go ahead and get a tax ID as to avoid any drama.
Iguana775
November 16th, 2005, 01:42 PM
Not sure. I was thinking of just getting the tax ID now since it's free to do and then inc. later since that will cost me 300-500 to do.
ColinSick
November 16th, 2005, 01:50 PM
Iguana........that sounds like a good plan. The tax ID is relatively simple to get and it is always good to insure you are not in violation of any TOS and thus give them the ability to withhold funds.
Iguana775
November 16th, 2005, 01:51 PM
Another thing is if i would get the EIN now and dont put down a business name (not really sure what i want to call my business yet) and just my name, would i be able to change that later?

damn all this legal shit.
ColinSick
November 16th, 2005, 01:56 PM
Do you currently have a DBA?

If not and you are doing business under your personal name than that would probably be the way to go.

Keep in mind I am just giving my thought........I am far from an expert. :)
whistle-tip
November 16th, 2005, 02:03 PM
welcome to eWealth Iguana775 :)

I hope you become an active poster.
Iguana775
November 16th, 2005, 02:06 PM
welcome to eWealth Iguana775 :)

I hope you become an active poster.

Padding your stats, WT? :lol:
ColinSick
November 16th, 2005, 02:07 PM
Padding your stats, WT? :lol:

It looks like WT just scored a basket in garbage time. :lol:
Iguana775
November 16th, 2005, 02:07 PM
Do you currently have a DBA?

If not and you are doing business under your personal name than that would probably be the way to go.

Keep in mind I am just giving my thought........I am far from an expert. :)

NO, i dont have a DBA. Unless someone tells me otherwise, i guess i'll just use my personal name.
whistle-tip
November 16th, 2005, 02:32 PM
I thought I'd make 933 a memorable post.

(i've already got a prize at 600 so im not after that either)
ColinSick
November 16th, 2005, 02:35 PM
Good thinking. :)

Is 933 your lucky number?
whistle-tip
November 16th, 2005, 02:45 PM
actually 2 billion is my lucky number but it's hard to roll that with dice at the casino