Can i open a bank account for my social network website ?
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02-13-2013, 01:18 PM
Post: #1
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Can i open a bank account for my social network website ?
What if i have ad's on my social network website, where does the money go too? If i dont want it deposited on my own bank account, can i make a bank account with the name of my website ?
And is this possible at any bank ? Thank you. Ads |
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02-13-2013, 01:26 PM
Post: #2
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If you are in the united States, consider incorporating. You can form an LLC very easily by following the instructions on the "Department of State" website for the state you live in. Then, you can open a business bank account using the IRS tax number obtained when you formed the LLC. You don't need an accountant, and taxes are paid on your personal income tax forms. (This does not constitute legal advice.)
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