This is a follow up to my question. I have read other answers to similar questions, and all state that just because you give your social security number when applying for an EIN does not mean that you are personally responsible. My CPA disagrees with this and says that linking mine or anyone else's social with the PTO would absolutely make you personally responsible. Is there any way around this?
- megarrison
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Hi there,
We don't believe there is a way around it if you want to be set up as an independent group. The SS # is required to prevent people from setting up dummy corporations with no real purpose other than to conceal what's really going on (often money laundering). The IRS says the social security number is for identification purposes only. The person who gives his social security number on the application isn't liable or responsible for the group's activities in any way. It's just a way to discourage illegal activity.
Rose
- Rose H
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Hi megarrison were you ever able to find a way around it or what was your solution. My childs school is starting a PTO from scratch and is facing the same issue no one wants to tie their social to the pto ein ?
- val.ann84@gmail.com
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