Frequent Contributor
tonsers
Posts: 431
Registered: ‎02-07-2008
Re: Corporation's judgement on Officer's account?

203bravo wrote:
how was the company incorporated?  i'm assuming that they at least used a TIN since the business has a report.  Also, what was the case?  was it by chance a creditor that was collecting a default?  Usually creditor will require the ower to be jointly liable for the accounts for small businesses.

Bravo, I'm not sure how the company was incorporated???  It's a CA corporation, established 35 years ago.  They have several employees - but my parents own all the stock.

 

I believe that a TIN has to do with taxes?  (Please excuse my lack of knowledge on this - the whole corporate thing is kinda foreign to me!).  I don't know about TIN, but there is a Federal ID# on all of their tax documents... maybe this helps?

 

Thanks!