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Self-Employment: Scams and Faulty Assumptions — The World is NOT Set Up for Multiple Businesses! by denmarkguy

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· @denmarkguy ·
$22.00
Self-Employment: Scams and Faulty Assumptions — The World is NOT Set Up for Multiple Businesses!
After some 40 years of (mostly) self-employment, I have no choice but to conclude that *the world is not set up for those entrepreneurs who have more than ONE business.*

What brings this to mind is a seemingly simple thing such as creating a Patreon account to garner support for a creative endeavor, having more than *one* PayPal account, or even something relatively simple like creating a LinkedIn profile and presence.

![0200-Sunset3.jpg](https://files.peakd.com/file/peakd-hive/denmarkguy/242rtzywGbktH9BLC4DbHsDhKCGJ3MmDTXzQWM5Puq35xbaKGNoJsEoPKfydMCu1coMtg)
*Evening, near Tomales Bay, CA*

The *default assumption* from the mainstream world is that when someone tries to create a *"second account"* they have *shady* business in mind, rather than *legitimate* business.

*"There is already an account associated with this name/address/social security number"* or whatever else pops up and tells you to *not* do that!

What's *ironic* about that is that you can create *100's* of twitter identities, one for each day of the year, and nobody gives a rat's hindquarters... but the moment what you're doing looks like an actual *business* you're assumed to be a scammer.

Of course, there *are* workarounds, but I'm strictly going by what happens if you just try to play completely above board.

![0200-Sunset2.jpg](https://files.peakd.com/file/peakd-hive/denmarkguy/Eq7MRNvQNczvQXpMr986V3gR9n5xafRvWDvUuiukjvyC33QwhtECapazEDKduGmumgY)

The reason I am writing these words is that I have spent most of today working on our dreaded income/business taxes, and I am once again saddled with the bookkeeping quagmire that is *"sorting"* *thousands* of transactions from a single PayPal account into their appropriate cost center streams. 

Yes, indeed, there are *options* to simplify this process... each of which typically *costs hundreds of dollars a year* to subscribe to.

Again, *faulty assumptions:* if you operate multiple businesses, you *"must"* be a multi-millionaire who can easily *afford* such things.

![0200-Sunset.jpg](https://files.peakd.com/file/peakd-hive/denmarkguy/242hMymRMxFc9RkbXv5SMoFsVN2TM2qVGjuuhpMgS9srZBBbme78MPRsdBLrUt7LUwG2G)

In the case of something like Patreon, the *faulty assumption* is that a single person couldn't *possibly* be both an *artist,* AND a *writer,* AND something else... so you only get ONE shot.

It falls into the same family of *faulty assumptions* that goes with people who hear me talk about our complicated taxes and then ask *"Why don't you just have a professional tax preparer do your taxes? I do... it's only about $150!"* 

Precisely *because* our taxes are complicated, a professional tax preparer would charge *about $2,000* to do our taxes, thereby *erasing* a significant chunk of our already meager income.

![0200-Sunset4.jpg](https://files.peakd.com/file/peakd-hive/denmarkguy/246b2kbdBiCeoVR3RCaTVjfNFvqin5tRQThJ53VmBcHSbamsD98SVrfPuoBMK2uLvhUje)

PayPal's *faulty assumption* is that I must be some kind of *scammer* or *money launderer* if I do more than one thing. Of course, I can *take payments* from as many different sources *(registered to me)* as I want... as long as I am content that *ALL* my invoices/receipts, regardless of what I just sold, all have the same heading. 

Maybe I should just rename everything I do *"My Glorious Financial Spaghetti Bowl, LLC"* and be done with it!

Writing is my catharsis, and this was a highly self-indulgent and whiny post... so I shall now take myself to bed! We'll return to our regularly scheduled programming tomorrow!

Thanks for reading!

***How about YOU? Do you happen to be a multiple-business operator who sometimes deals with this sort of thing? What's your workaround, if you have one? Comments, feedback and other interaction is invited and welcomed! Because — after all — SOCIAL content is about interacting, right? Leave a comment — share your experiences — be part of the conversation!***

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vote details (156)
@adevieka ·
that is such an expensive payment for someone who prepare our taxes. 
I don't know how things going if you are an entrepreneur in the US, but here things are quite easy, more over if we are an regular employed person.
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@frot ·
$0.27
Man, you should try having a bunch of different Hive accounts 😁
👍  
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@jacobtothe ·
Government: Making simple things complicated and normal life expensive since forever.
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@lucylin ·
_....but I'm strictly going by what happens if you just try to play completely above board._

Schoolboy error. 
This is the kind of thinking that funds wars, don't ya know? lol
...don't help 'the powers that be' to  make bombs and  kill other people in other countries.

A very nice self indulgent whine, though !
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