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Global Business Growth Club

1.9k members • Free

12 contributions to Global Business Growth Club
Is Using Personal PayPal account to sell possible?
hello everyone. I wish you guys are doing good. I wanted to ask If I can use Personal PayPal account for selling products and receive money, .? I'm a beginner I don't get too much amount .
1 like • Jul 10
Hello, Diya Dlshad! Yes, it is possible, but it is critical to keep a good bookkeeping. Otherwise you could jeopardize your limited liability and end up paying way more taxes than you should. I'm pretty sure Mr James Baker has a service that fits your needs in this case.
ITIN APPLICATION: Is it the tax payment mandatory?
I’m applying for an ITIN. I already have certified copies of my passport and all forms are correctly filled. Question: 1. I had no income or taxes to pay last year. Will the IRS accept my application? Or only if there is an amount due? 2. Let’s say that I report a “voluntary tax payment” how do I pay it if I still don’t have a taxpayer identification yet? All online payment options become unavailable with it.
0 likes • Apr 30
@Paola Moreno So are you saying all your clients who appply for ITIN had income in the last year? Can we talk more about it privately?
Tax Filing
Hello everyone, hoping I can get an answer to this question: when filing a single member LLC taxes is an ITIN required?
2 likes • Mar 24
Hello, Jovene! If your LLC is a Disregarded Entity with no ECI under the zero tax program taught by the Mr James, you dont need an ITIN. Form 1120 and 5472 dont require a ITIN, just put a "Foreign US" in all lines requiring a tax ID. But the other side, if you have ECI, you should file a 1040nr, then the ITIN is mandatory.
0 likes • Apr 7
@Jach Llc The invoice to an American Corp itself is not really a good parameter to determine wheter your income is ECI or not, the main rule is where the service was conducted and if you have fiscal nexus in the US (any physical presence, employees, offices, etc)
Is it legal to hire someone on Fiverr to help applying for EIN?
Hi, I saw there are some people on fiverr say they can help people get EIN within 2 days, which makes me wondering if it's legal or not.
0 likes • Mar 24
Hey Kevin, how you doing? Yes it is legal, what happens is that they will apply online, using the TPD's TAX ID (Itin or SSN). The thing is that this person assigned as the TPD will have to submit the form 8822-b later saying he is no longer the responsible party and then you should trust this agent to send forms correctly. I would not hire anyone using Fiverr. Last yr I got 2 gigs there and both of them the seller disappeared and tried to finish the job without sending final docs.. I recommed services offered by minhacompany.com
How fast did you get your EIN?
I've sent the fax 2 weeks ago, called 1 week after and today, after 2 weeks, but still the EIN number is not assigned and I am not in their database. They advised me to send the fax again, so I've sent it couple times, but the result is the same. I've sent the Fax to the following numbers: 855-641-6935 (preferable) 855-215-1627 I've called to the following numbers later: 800-829-4933 (preferable) 267-941-1099 2 years ago I've done this by calling after 5 days, and the IRS representative asked me to send the fax during the call, so I've received EIN fax back instantly during the call. And what about today's terms? P.S.: Before I've told that it takes 5 days after sending the fax, but such situation was 2 years ago, wait for your advise to make it faster. Thank you!
1 like • Mar 24
The current waiting time is around 4-5 weeks... you may choose to apply online if you have a tax ID and then get it instantly.
1-10 of 12
Lucas Moura
2
13points to level up
@lucas-moura-4705
I help entrepreneurs (mostly Brazilians) grow and expand their US businesses. I hope to learn with you, and add value to the community! :)

Active 39d ago
Joined Feb 12, 2025
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