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Why Is PayPal Asking for SSN Information? (What You Can Do About It)

If you’re a U.S. citizen and you have an SSN, you can get your EIN for free on IRS’s website here.

HOWEVER, if you’re NOT a U.S. citizen and you do NOT have an SSN, the process of getting your EIN is more complicated and requires more paperwork.

We offer a QUICK and EASY service for non-U.S. citizens who do NOT have an SSN get their EIN here.

Why is Paypal Asking for SSN Information

 

Whenever you open a PayPal account, you need to provide the site with certain personal details. PayPal, itself, is an online financial service that permits users to pay for items using a secured account online. In some cases, you may ask, “Why Does PayPal Need My SSN?”

 

Do I Have to Give PayPal my Social Security Number (SSN)?

To use the PayPal account, you must add certain details, primarily the following:

  • Your bank account(s)
  • Your debit or credit card details
  • Your contact information

When adding the account information,

ITIN Application Explained (How to Get Your ITIN Quickly in 2021!)

Need an ITIN? Get Your ITIN Here!

Individual Taxpayer Identification Number (ITIN) is a tax ID number individuals who are required to have a U.S. Taxpayer Identification Number but who do not have one and are not eligible to get an SSN must apply for.

You need an ITIN to file your taxes and open a U.S. bank account when you don’t have a Social Security Number (SSN).

It is possible to apply for ITIN regardless of immigration status (it doesn’t matter if you don’t have an SSN or if you’re an illegal immigrant) because both residents and non-resident aliens may have a US filing or tax reporting requirement.

ITIN serves as your tax identification number for:

  • Filing your taxes
  • Receiving tax return from the IRS
  • Opening a U.S. bank account

Great news!

As IRS Certifying Acceptance Agents, we’re trained and authorized by the IRS to assist foreign individuals who don’t qualify for a Social Security Number get their ITIN quickly.

We’ve assisted hundreds of non-U.S. citizens just like you successfully get their ITIN and we can help you get yours.

How to Dissolve a Corporation in California

Business people dissolve a corporation in California for one or more reasons. Some of the major reasons for making the move include:

  1. A low cash flow. You need a healthy cash flow to operate. Therefore, many business owners will dissolve their corporation if they don’t have a sufficient cash flow.
  2. Poor management or accounting practices. Besides relying on a business attorney for your business, you also need to depend on the services of a good accountant. Otherwise, you may be faced with the dissolution of your business.
  3. Increased competition. Sometimes, businesses find they are up against stiff competition. When this happens, they may decide it is best to stop operating.
  4. Economic pressures. The stress caused by the recent pandemic led to the closure and dissolution of many businesses.
  5. Problems with liability. If you have been sued or liability claims have been filed, you may find it no longer feasible to operate.
  6. Bankruptcy. If you get in over your head with expenses,
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