Accounts & Lawyers: check-in... is this ok?

[manlymatt83]

My friend is currently suffering from cancer, and we're forming a central place for people to donate (some that know him, and some are strangers).

My accountant says we can just get a tax ID from the IRS and use that to open a bank account, then a paypal account, and filter the money through there. Since 100% of the money coming in will be paid to Justin, there aren't any legal issues with doing something like that.

What are your thoughts? Should I setup an LLC? Are there other options?

 

[MikeMike]

My friend is currently suffering from cancer, and we're forming a central place for people to donate (some that know him, and some are strangers).

My accountant says we can just get a tax ID from the IRS and use that to open a bank account, then a paypal account, and filter the money through there. Since 100% of the money coming in will be paid to Justin, there aren't any legal issues with doing something like that.

What are your thoughts? Should I setup an LLC? Are there other options?

you pay him for the information he gives you, no? i'd trust him.

 

[Gibson486]

you pay him for the information he gives you, no? i'd trust him.

I was just gonna say that.