116, RE: business bank account. Posted by bizdev, Sun Dec-31-06 03:01 AM
Not a good idea to have a personal account in your name for your business. The IRS may look at your "business" as a hobby. I don't understand why the maint fees are so high? Try another bank. You will need a DBA certificate. So be sure to register your business name locally (it's quick and painless and doesn't cost much at all).
|