1) Change bank 2) Stop doing money laundering or giving them suspicions of doing so by avoiding excessive cash deposits/withdrawals or having periods of large movement and then no movement (these are triggers) 3) Have a good relation with your banker 4) If they ask you for nature of your business...
I believe Quickbooks can do everything for you. Not 100% sure, but I would look into that.
I was trained as a Mechanical Engineer and now, run a few businesses. One thing that really helped me figure out the answer to your question (which was my question too) was to take a step back from trying so hard to identify my passion or make a decision. Instead I focussed on doing a few things...
Happy New Year (2020) ! As far as I am aware : (Both) PayPal and Stripe still have Multiple Currency Options ; most especially for Verified Business Accounts. If you are experiencing problems , in this regard , then kindly contact the Customer Support Units of the Aforementioned Corporations. ...
If you have a business you should really have a business savings account. Although they may offer very similar features, it is better for your own internal accounting to separate the 2. Also if you have a business savings then the name on the account is your businesses name, which is definitely a...
That is a really ambiguous question - if someone gave you money, it really doesn't matter what you did with it. The money they gave you needs to follow tax laws related to gifting. If you invested that money and made a profit, you need to pay capital gains on your profits unless you have done som...
It's kind of late reply, but ... sears is dying, so don't waste your time selling on their platform. Instead try Walmart.com or of course Amazon... Good luck
Yes, you can use personal money to pay for business expenses (just not the other way around.) In fact, most businesses start up this way with the owners putting their personal money into the business to get things started. In the end, the accounts track it all when they balance the books. If the ...
Short answer: of course you can! Anything can be a bayonets, the differentiation comes from the entrepreneur in securing that market. You have, in a microlevel, proved that there is a need and is just a matter of how big that market can be. What I would do, if in your shoes is keep the idea simp...
Form 5472 is a tax form that must be filed by certain foreign-owned corporations that are engaged in a reportable transaction with a related party. If you are a foreign founder of a C corporation and you engage in a reportable transaction with the corporation, you may be required to file Form 547...