Personal or Business Bank Account? - GoFuckYourself.com

MF Doom · 01-30-2005, 02:44 PM

Do you have a personal or business bank account? if you have a business bank account, do they charge a fee for the account each month?

GFED · 01-30-2005, 02:45 PM

Business Checking... $15/month if less than $5k held...

VidTec · 01-30-2005, 02:50 PM

Go business account for the tax and liability reasons alone. Wachovia has a business account promotion now with no fees for 6 months with no min balance.

tony286 · 01-30-2005, 02:51 PM

we have both and yes they charge a fee

hennessy · 01-30-2005, 04:17 PM

I have both as well.

Have all the income you make go to the biz and when you need money, write a check from the biz account to your personal account.

Will save you a LOT of headache come tax time.

Sheri Santiago · 01-30-2005, 04:18 PM

I have several biz accounts, some charge, some do not.

Mr. Mike · 01-30-2005, 04:40 PM

Both. I get charged.

Johny Traffic · 01-30-2005, 04:41 PM

I have both

andrej_NDC · 01-30-2005, 04:41 PM

both, almost for free

slapass · 01-30-2005, 04:42 PM

Business accounts suck but what can you do, You have to have them.

MachineHead · 01-30-2005, 04:45 PM

Business - small monthly fee

bdld · 01-30-2005, 05:01 PM

i'm in the same boat, about to get a biz bank account to make taxes easier.

Peaches · 01-30-2005, 05:36 PM

I have both (actually 1 business and 3 personal) and most banks don't charge a fee if you keep a reasonable minimum balance.

swedguy · 01-30-2005, 07:19 PM

$10 on my Business account and no fee on my Personal account.

flashfire · 01-30-2005, 07:20 PM

I just stick with a personal account, works for me

cool1g · 01-30-2005, 07:27 PM

Washington Mutual has free business checking with no minimum balance requirements.

MarkTiarra · 01-30-2005, 08:06 PM

Quote:

Originally Posted by MF Doom

Do you have a personal or business bank account? if you have a business bank account, do they charge a fee for the account each month?

Commerce Bank - free biz checking. YOu should have a corp and a personal where you pay your own salary too. Keep everything in proper order - get an accountant, do it right. You'll save yourself a bundle in the lonf run by a little organization and spending in the short run.

01-30-2005, 02:44 PM	#1
MF Doom Registered User Join Date: Jan 2005 Posts: 16	Personal or Business Bank Account? Do you have a personal or business bank account? if you have a business bank account, do they charge a fee for the account each month?

01-30-2005, 02:45 PM	#2
GFED Confirmed User Industry Role: Join Date: May 2002 Posts: 8,120	Business Checking... $15/month if less than $5k held... __________________ https://www.flow.page/savethechildren

01-30-2005, 02:50 PM	#3
VidTec Registered User Join Date: Jan 2005 Location: NYC Posts: 70	Business Account Go business account for the tax and liability reasons alone. Wachovia has a business account promotion now with no fees for 6 months with no min balance. __________________ SIG TOO BIG! Maximum 120x60 button and no more than 3 text lines of DEFAULT SIZE and COLOR. Unless your sig is for a GFY top banner sponsor, you may use a 624x80 instead of a 120x60. Let me repeat... A 120 x 60 button and no more that 3 lines of DEFAULT SIZE AND COLOR text.

01-30-2005, 04:18 PM	#6
Sheri Santiago Confirmed User Join Date: Jun 2003 Location: Scottsdale Posts: 1,584	I have several biz accounts, some charge, some do not. __________________ Wild West Cash Royal Vault...$30+PPS, HD Sites

01-30-2005, 04:40 PM	#7
Mr. Mike Confirmed User Join Date: Aug 2004 Posts: 913	Both. I get charged. __________________ Sig for sale. ICQ: 163-545-054

01-30-2005, 02:51 PM	#4
tony286 lurker Industry Role: Join Date: Aug 2002 Location: atlanta Posts: 57,021	we have both and yes they charge a fee

01-30-2005, 04:17 PM	#5
hennessy Confirmed User Industry Role: Join Date: Aug 2004 Posts: 485	I have both as well. Have all the income you make go to the biz and when you need money, write a check from the biz account to your personal account. Will save you a LOT of headache come tax time.

01-30-2005, 04:41 PM	#8
Johny Traffic Confirmed User Join Date: Apr 2003 Posts: 5,461	I have both __________________ hosted flv's, hosted galleries, morphing rss feeds, free content, free sites, hosted blog

01-30-2005, 04:41 PM	#9
andrej_NDC Registered User Industry Role: Join Date: May 2004 Posts: 7,760	both, almost for free

01-30-2005, 04:42 PM	#10
slapass Too lazy to set a custom title Join Date: Nov 2002 Location: Earth Posts: 14,622	Business accounts suck but what can you do, You have to have them.

01-30-2005, 04:45 PM	#11
MachineHead Registered User Join Date: May 2004 Location: Cathedral City, CA Posts: 20	Business - small monthly fee

01-30-2005, 05:01 PM	#12
bdld $100,000 Join Date: Dec 2001 Posts: 11,452	i'm in the same boat, about to get a biz bank account to make taxes easier.

01-30-2005, 05:36 PM	#13
Peaches Old broad Join Date: Oct 2002 Location: Away Posts: 13,933	I have both (actually 1 business and 3 personal) and most banks don't charge a fee if you keep a reasonable minimum balance.

01-30-2005, 07:19 PM	#14
swedguy Confirmed User Industry Role: Join Date: Jan 2002 Posts: 7,981	$10 on my Business account and no fee on my Personal account.

01-30-2005, 07:20 PM	#15
flashfire ICQ 1 6 7 8 5 3 4 9 2 Join Date: Feb 2003 Posts: 13,098	I just stick with a personal account, works for me

01-30-2005, 07:27 PM	#16
cool1g Confirmed User Join Date: Sep 2002 Location: Hollyweird adjacent Posts: 977	Washington Mutual has free business checking with no minimum balance requirements. __________________ InterG Media affiliate network (dating, pay per call) EDM Life Affiliates Cash In